Elliott wave Ethereum analysis 15.06.2023

Triple zigzag [B] is under construction now. Wave (Z) may take the shape of a standard zigzag A-B-C. Bearish impulse wave C is developing. Correction [4] could have ended. A bearish sub-wave [5] is currently unfolding. An upward correction (4) and an impulse (5) are under construction inside the wave [5]. Correction [B] may end around the level of 1557.00, where it will be 76.4% of the impulse [A].

Trading plan for ETHUSD for today:

Sell 1647.89,

Take profit: 1557.00.

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