Elliott wave Ethereum analysis 22.06.2022

The ETHUSD market is forming the linking wave (X) as a triple zigzag W-X-Y-X-Z. The bearish impulse wave [C] is currently forming, with the final wave (5) developing inside. Sub-waves 1-2-3-4 have completed in wave (5). The Ethereum price should be falling in wave 5 to a level of 870.00, where impulse (5) will be 76.4% of impulse (3).

Trading plan for ETHUSD today:

Sell 1084.78,

Take profit: 870.00.






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