Elliott wave Ethereum analysis 28.03.2023

The last section of the ETHUSD chart displays the development of wave A as a bullish impulse. Now its last sub-wave [5], consisting of sub-waves (1)-(2)-(3)-(4)-(5), is unfolding. The price will rise to the level of 1960.00, where the uptrend will end. At this level, wave [5] will be equal to the previous impulse [3]. After reaching the specified level, expect the price reversal and a decline in a bearish correction B.

Trading plan for ETHUSD for today:

Buy 1713.32,
Take profit: 1960.00.








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