Cryptos market came nicely down, but we can see some key levels for wave (C) here, so in case of strong bounce and impulsive recovery, then bulls could be back in the game. But, at this stage, when the price is still at the lows, still watch out for a continuation lower within wave (3). Let's see what will have to say Fed today.

Crypto Total Market Cap 4h Elliott Wave Analysis

Even the strongest Cryptos, those who jumped into new all-time highs, can be now turning down as part of a new three-wave correction. One of them is EGLDUSD in which we see a sharp and impulsive decline after a completed 5th wave, so A-B-C correction can send the price at least back to the first 130 support level, if not even lower towards 53 support area of a higher degree corrective phase.

Elrond Coin 4h Elliott Wave Analysis

ETCUSD is trying to break below the triangle line, so a bearish triangle in wave »b« can be completed and we have to be aware of a continuation lower for wave »c« towards projected 25 first support level. However, now that the Crypto market is at potential support, we have to be aware of more complex wave »b« correction labeled as Alternate count.

Ethereum Classic 4h Elliott Wave Analysis