Elliott wave Ethereum analysis  30.06.2022

The ETHUSD is forming the final sub-wave Z of a large triple zigzag (X). The Z wave is developing as a standard zigzag, with the bearish impulse wave [C] unfolding inside. The first four sub-waves have completed within the [C] wave, and the final sub-wave (5) should drive the Ethereum price down to a level of 870, where it will be 76.4% of impulse (3).

Trading plan for ETHUSD today:

Sell 1088.95,

Take profit: 870.00.

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