Elliott wave Ethereum analysis  28.06.2022

The ETHUSD continues forming the final sub-wave Z of the large triple zigzag. Wave Z is unfolding as a simple zigzag, with the final impulse wave [C] forming inside. The first four sub-waves of the [C] impulse have completed, and the final sub-wave 5 is currently developing. The Ethereum price could go down to a level of 870.00, where impulse (5) will be 76.4% of impulse (3).

Trading plan for ETHUSD today:

Sell 1203.81,

Take profit: 870.00.

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