Elliott wave Ethereum analysis 13.07.2022

The ETHUSD chart displays the structure of the descending wave [C] unfolding as an impulse (1)-(2)-(3)-(4)-(5). Correction (4) has finished as a double zigzag W-X-Y. There is unfolding sub-wave (5) as an impulse. The market will be moving in sub-waves 3-4-5, the previous low marked by impulse (3).

Trading plan for ETHUSD today:

Sell 1052.88,

Take profit: 875.00.






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