onestep1999

Elliott wave Ethereum analysis

COINBASE:ETHUSD   Ethereum
The ETHUSD chart displays the middle leg of the large corrective trend unfolding as a triple zigzag. The current chart displays the final part of the motive wave Y and the structure of the linking wave XX. The XX wave must have completed as a double zigzag --. The most recent chart section shows the beginning of the bearish wave unfolding as an impulse. The first sub-wave of the potential impulse must have completed as a leading diagonal. The price should be rising in correction to a level of 3056, where wave will retrace wave by 50%.

Trading plan for ETHUSD today:
Buy 2865.04, Take profit: 3056.00.
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