Elliott wave Ethereum analysis 03.02.2023

Ethereum is building impulse C, within which a sub-wave [3] is unfolding. Sub-waves (1)-(2)-(3)-(4) have been completed within wave [3]. Correction (4) has a horizontal internal structure and serves as a double three. Shortly, expect growth in the final sub-wave (5), which may rise to the level of 1872.00. A possible price movement is shown in the chart.

Trading plan for ETHUSD for today:

Buy 1641.23,

Take profit: 1872.00.

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