$BTC ETH

Dear readers,

I have prepared a short-term forecast for the cryptocurrency, Ethereum, based on the Elliott wave analysis,

ETHUSD: The price is expected to fall to the level of

3,083.00, and it will be appropriate to look for selling opportunities from the current level with setting the

take profit level at 3,083.00.

The compound corrective wave (B) is currently forming as a double zigzag wave of waves W, X, and Y inside the Ethereum chart,

The wave (C) is currently developing as an impulsive wave of waves 1, 2, 3, 4, and 5,

The sub-waves 1 and 2 are forming as a forward diagonal and a zigzag wave,

The rising wave 3 is currently forming as an impulsive wave of waves [1], [2], [3], [4]

and [5], and the corrective wave 4 is supposed to be completed as a zigzag wave of waves

[A], [B], and [C], which is unfolding inside the latest part of the chart, and upon the formation of the corrective sub-wave [B], the price is expected to fall along with the impulsive wave

[C] to reach the bottom level of 3,083.00.

ETHUSD Trading Plan Today:

Sell 3,422.20, Take Profit: 3,083.00.

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