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Ethereum Elliot Wave Count next target is 340

Long
BITFINEX:ETHUSD   Ethereum
Since W1 was an extension we should expect W3=W5 which is consistent with motive wave multiple rules where the distance from Wave 2 to Wave 5 is a .618 multiple of the extended first. With that being said I do expect wave 5 to end around the 340 levels which is consistent with previously strong resistance levels.
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