Ethereum is moving in a bullish impulse wave that consists of subwaves (1)-(2)-(3)-(4)-(5). Impulse (1) and correction (2) are formed. Impulse (3) seems to have finished developing. So, the price is correcting in subwave (4) in the last segment of the chart. Correction (4) may equal 38.2% of impulse (3) and form as a zigzag. Thus, the price is expected to decline to 3,356.62.
Trading plan for ETHUSD for today:
Sell 3,660.42,
Take profit: 3,356.62.
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