Elliott wave Ethereum analysis 13.02.2023

Corrective wave B is unfolding as a double zigzag [W]-[X]-[Y]. The first actionary wave [W] has been completed as a double zigzag (W)-(X)-(Y). Now the ascending linking wave [X] is unfolding as a double combination (W)-(X)-(Y) at the level of 1623.00. At this level, wave [X] will be 61.8% of wave [W].

Trading plan for ETHUSD for today:

Buy 1517.30,

Take profit: 1623.00.





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