Elliott wave Ethereum analysis 20.03.2023

The price rises inside the final part of a major wave A, which is unfolding as a bullish impulse. Now its last sub-wave [5], consisting of sub-waves (1)-(2)-(3)-(4)-(5) is under construction. The price will rise to level 1951.60, where the bullish trend will end. At this level, wave [5] will be equal to the previous impulse [3]. After reaching the specified level, wait for the price reversal and the beginning of the correction.

Trading plan for ETHUSD for today:

Buy 1763.75,
Take profit: 1951.60.

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