Today confirms that more downward selling pressure is in the markets. The wave structure to the downside looks solid. Think of the markets in terms of seasons of the year, sometimes its Spring with flowers blooming, Summer brings warm rays of sun, Fall has falling leaves with bristling winds, and Winter comes with snowy days. This is merely Winter time, settle down with a nice book and take some time away from charts because Spring is coming. The snow will melt and it will be time for our accounts to grow like the rebirth that Spring brings to life. See the charts for the seasons they are in and do not fret over price movements, everything has its time and place.
News:
Cryptocurrencies Take Another Leg Down:
https://www.zerohedge.com/news/2018-01-22/cryptos-are-crashing-again
South Korean Exchanges Hit With 24.2% Tax:
Bitcoin filling out the Wave V down and completed the teal 1-2 with a move lower to Wave teal 3.
Ethereum here looks to be completing the lower leg of Wave C towards Wave II.
We expect Litecoin to be working towards a new low for the final Wave C.
