The ETHUSD market is forming the initial part of the new corrective trend as a double zigzag. Within the potential zigzag, the down motive wave (W) has finished. There is developing the linking wave (X) as a simple zigzag A-B-C. The bearish correction B should have finished, so the price should soon be rising in the bullish impulse C towards a level of 4650.00, where wave (X) will be 76.4% of wave (W).
Trading plan for ETHUSD today:
Buy 4170.78, TP 4650.00