The ETHUSD market continues forming the bearish double zigzag W-X-Y. The first motive wave W has completed as a zigzag [A]-[B]-[C]. The linking wave X is developing as a zigzag [A]-[B]-[C]. Impulse [A] and correction [B] have finished, and the Ethereum price should be rising in the impulse wave [C], namely its final, fifth, sub-wave. The [C] wave could end at a level of 4540.00, where the X wave will be 76.4% of wave W.
Trading plan for ETHUSD today:
Buy 4332.05,
TP 4540.00
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