Total Crypto market cap - EW analysis - Bearish sequence

8 בינו׳ 2022The structure so far unfolding as per expected as per previous post. It seems like ended (3) of A and bouncing in (4), so expecting sideways move and one more low to end A of (y) red. Yet there is a possibility of larger sideways correction of (x) in case it invalidates the invalidation level doing double correction. But until it stays below invalidation, it expect more downside towards 1.5T or lower.
https://www.tradingview.com/chart/TOTAL/YZNioTek-Total-Crypto-market-cap-EW-analysis-WXY-double-correction/