Elliott wave Ethereum analysis
The ETHUSD market is forming a large triple zigzag, with the linking wave XX competed as a double zigzag [W]-[X]-[Y]. The price has started declining in the bearish wave unfolding as an impulse. The first two sub-waves of the impulse seem to have completed. Wave [1] is a leading diagonal, and bullish correction [2] is a double zigzag. The Ethereum price should be declining in impulse [3] below the low of 2575.00, marked by the linking wave (XX).
Trading plan for ETHUSD today:
Sell 2909.39, Take profit: 2575.00.
Trading plan for ETHUSD today:
Sell 2909.39, Take profit: 2575.00.
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