Elliott wave Ethereum analysis 21.06.2022

The ETHUSD continues depreciating. There is developing the linking wave (X) as a triple zigzag, with the bearish impulse wave [C] of a smaller unfolding inside. Impulse (5) of [C] is currently forming, with the final sub-wave 5 developing inside. The Ethereum price should be moving down to a level of 870.00, where impulse (5) will be 76.4% of impulse (3).

Trading plan for ETHUSD today:

Sell 0.321,

Take profit: 0.240.

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