Elliott wave Ethereum analysis 04.04.2023

Corrective wave (4) has been completed as a double three W-X-Y as part of the final impulse wave [5] of A. Now the price is rising within the last sub-wave (5), which will take the shape of a bullish impulse 1-2-3-4-5. Ethereum will rise to 1955.00. At this level, impulses [3] and [5] will be equal. In the current situation, consider opening long trades.

Trading plan for ETHUSD for today:

Buy 1807.10,

Take profit: 1955.00.

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