Elliott wave Ethereum analysis 28.07.2022

The ETHUSD market continues rising in the bullish correction [B], whose final impulse wave (C) is currently forming. Sub-waves 1-2-3-4 have finished so far. Sub-wave 5 could soon complete at a level of 1729.00, where wave 5 will be 61.8% of the previous impulse wave 3. This ratio is highly likely to be reached.

Trading plan for ETHUSD today:

Buy 1632.21,

Take profit: 1729.00.

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