Elliott wave Ethereum analysis 30.11.2022

The ETHUSD market is building an A-B-C bearish zigzag, where impulse wave A has been completed. Now sideways correction B is unfolding as a double three [W]-[X]-[Y]. Recently linking wave [X] has been completed as a double zigzag. Then the market reversed, and growth began in the final actionary wave [Y]. Wave [Y] may take the shape of zigzag (A)-(B)-(C). This zigzag will end near the high at 1346.56, marked by the wave [W].

Trading plan for ETHUSD today:

Buy 1264.24,

Take profit: 1346.56.

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