
As we are saying all the time, we need 5 waves up for the bottom to be in. We only got 3 waves on hedera-hashgraph:native as it failed to print its 5th wave up we were looking for. How it could make it happen is in the case of this White expanding diagonal, where it would have to hold the previous $0.072 low, and print wave 5 in the Green box above. Or depending on the time frame, if it printed a Yellow 5-wave move up. I don't see it, though. Both seem less likely. If HBAR breaks below $0.072, it is now either in its 5-wave move down to new lows, or in Wave B of a Red count ABC Flat correction. In this ABC, we would get a nice Wave C bounce in a 5-wave move up, after this current Wave B down completes, before printing a 5-wave move down to new lows. I think it will do great when the time comes, but it looks like it may need a bit more down structure first. Will Hedera get a Wave C bounce?
