The correction has been a long one, it looks like all the sellers have left and they have failed to push the price any lower. This leaves only the waiting bulls.
A 5 wave impulse from here can take us back up to previous highs, coinciding with fundamental analysis with regards to the Tron beta release of Exodus on 31st March. Hype and interest around this will help propel to the previous all time high.
As after every impulse, we can expect a correction, which will form a nice handle for our cup. After that, larger wave 3 can continue and this painful wave 2 correction will be forgotten