Elliott wave Ethereum analysis 15.03.2023

Ethereum continued to grow. The impulse wave A, which consists of five main sub-waves [1]-[2]-[3]-[4]-[5], continues unfolding. Now its final impulse sub-wave [5] (or rather its last fifth sub-wave) is unfolding. The price in sub-wave (5) will rise to the level of 1817.00. At this level, wave [5] will reach the 76.4% Fibonacci level of the impulse wave [3]. In the current situation, consider opening long trades.

Trading plan for ETHUSD for today:

Buy 1711.09,
Take profit: 1817.00.

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