Elliott wave Ethereum analysis 02.01.2023

ETHUSD is developing an impulse wave. Impulse C, or rather its middle part, sub-wave [3], is currently unfolding within which sub-waves (1)-(2)-(3)-(4) have been completed. Correction (4) has a horizontal internal structure and serves as a double three. Soon, expect growth in the final sub-wave (5), which may rise to the price level of 1872.00.

Trading plan for ETHUSD for today:

Buy 1583.35,

Take profit: 1872.00.

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