Crypto market nicely slowed down as expected and Crypto TOTAL market cap chart can now be finishing a projected wave 4 correction right at the former wave “iv” swing low and channel support line, which is ideal textbook technical picture that can now send the Crypto market higher for wave 5, especially if bounces back above 3.3T area and channel resistance line.

(Click on image to enlarge)

Crypto TOTAL 4H Chart

However, even if it’s going to face deeper and more complex correction within higher degre wave (2) down to 3.0T – 2.8T area, sooner or later we can expect a bullish continuation, as Crypto TOTAL market cap chart is not at the all-time highs yet.

(Click on image to enlarge)

Crypto TOTAL Daily Chart

More By This Author:

Litecoin Is Forming A Bullish Pattern
Kiwi Consolidates Within A Flat Correction Before Further Rally
USDJPY Faces An Intraday Corrective Recovery: Elliott Wave Intraday Analysis