The ETHUSD market continues forming the linking wave (X) as a triple zigzag W-X-Y-XX-Z. The chart displays the structure of the final motive wave Z developing as a standard zigzag [A]-[B]-[C], with the first two sub-waves completed inside. The final wave [C] is likely unfolding as a descending impulse (1)-(2)-(3)-(4)-(5). The Ethereum price should be moving down in impulse (3) to a level of (1)-(2)-(3)-(4)-(5), where wave (3) will be 123.6% of wave (1).
Trading plan for ETHUSD today:
Sell 2507.64,
Take profit: 2396.00.
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