After a sharp decline, the price also began to rise sharply. So far, the growth looks like a consolidation, so a reversal and the next downward wave are likely in the near future. This is justified by the fact that the development of the bullish impulse, which is part of the zigzag structure, most likely ended earlier.

The ongoing decline is justified by the beginning of the formation of a bearish impulse. But to open orders, it is better to wait for confirmation. While it is not available, it is not recommended to trade the pair.

Recommendations: Flat.