Elliott wave Ethereum analysis 21.02.2023

The ETHUSD market continues to form a large upward wave A as the impulse [1]-[2]-[3]-[4]-[5]. The most recent price chart section displays the development of the final sub-wave [5]. Two impulse sub-waves (1) and (3) and corrective sub-waves (2) and (4) have been completed within wave [5]. Shortly expect price growth and sub-wave (5) development to the price level of 1808.63, where it will be 61.8% of the impulse [3].

Trading plan for ETHUSD for today:

Buy 1697.07,

Take profit: 1808.63.

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