Elliott wave Ethereum analysis 24.10.2022

After the linking wave [X] finished, the ETHUSD market reversed and started forming the initial part of the potential impulse. Sub-waves 1 and 2 have finished, as well as sub-waves [1]-[2]. The price now continues rising in the new impulse [3] of a smaller degree. The Ethereum price should be rising over the next few days to a level of 1382.00, the previous high, marked by the large corrective wave 4.

Trading plan for ETHUSD today:

Buy 1345.89,

Take profit: 1382.00.

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