Coinbase Update

We still don't have confirmation on the white vs turquoise count. I am beginning to lean towards the turquoise, but the white has yet to be made invalid at this time. I don't have the fibs on, but we're right at the 0.5 retracement fib of the white wave 3. Should price continue higher, then I will revert to the turquoise count.

In short, if we move lower from here, we should be targeting the grey box for the conclusion of wave a of (c) of C of (C). If price breaches $173 then I draft the turquoise count, and we should ideally target the upper box in what would be yet another sub-division. This is exactly why it is such a pain in the butt to track corrective patterns. They can be extremely complex creating sub-divisions upon subdivisions within sub-divisions lol. Hopefully soon, we get the clarity we're waiting on.
Elliott WaveTrend Analysis

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Bonam Fortunam,
--Tyler

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