ETH Elliott Wave Analysis for 2022
Etherium Elliott Wave Analysis for Year 2022
13th May 2021 high 4666 considering as 5th wave top.
WXY or WXYXZ Pattern as correction is unfolding.
WXY is completed as per my wave analysis.
We can see “Y” wave is completed @ 2446 instead of low 2160. Because i am considering the 5th wave of the “C” wave is failed.
So the new impulse or “X” wave is started from 2446.
2446 to 3580 is 1st wave or A wave of “X” wave
3580 to 2896 is 2nd wave or B wave of “X” Wave
Now 3rd wave or C wave of “X” wave will appear.
If new wave is X wave then the target is $4000
If impulse then we may see $5000 by year-end.
This analysis is nullified below 2445 as this point is our new impulse starting point.
#eth #etherium

