The ETHUSD market continues forming the bearish double zigzag [W]-[X]-[Y]. The first two sub-waves of the pattern have completed, and the final motive wave [Y[ is currently unfolding as a simple zigzag (A)-(B)-(C), with the first two sub-waves finished inside. The Ethereum price should be falling in the (C) impulse to a level of 2298.00, the low marked by the motive wave [W].
Trading plan for ETHUSD today:
Take profit: 2298.00.