I predicted 6 days ago that total cryptocurrency market is showing bearish flag and incomplete wxyxz correction, so we will see more plunge, but red color in the market is short life:
https://steemit.com/cryptocurrency/@andriustovis/total-cryptocurrency-market-chart-update-bigger-picture-looks-upwards-red-color-is-short-life
Looks like that we may have deeper correction than I thought due to some changes in the corrective structure! It's possible that market is making ABC zigzag correction and usually (A) wave is equal or very similar by it's length to (C) wave, so there is some space for plunge. Here's my updated chart:
Don't loose your faith!
Your crypto_analyst
@andriustovis