Elliott wave Ethereum analysis 07.06.2023

The ETHUSD market continues to build a correction [B] as a triple zigzag. Within this correction, the linking wave (XX) has recently ended. Thus, shortly expect the development of a sub-wave (Z). It will end as a zigzag around the low of 1737.91, marked by the previous actionary wave (Y).

Trading plan for ETHUSD for today:

Sell 1878.32,

Take profit: 1737.91.

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