Elliott wave Ethereum analysis 18.04.2023

The first four parts have been completed inside impulse [5] of A. Recently the corrective wave (4) took the shape of the triangle A-B-C-D-E. Then the price began to rise. Impulse (5), or rather its final sub-wave 5 is currently unfolding. Since correction 4 looks like a complete double zigzag [W]-[X]-[Y], then soon expect the price to rise to 2181.00. At this level, wave (5) will be 76.4% of impulse (3).

Trading plan for ETHUSD for today:

Buy 2084.80,

Take profit: 2181.00.

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