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5 waves up 5 waves of correction

didn;t they just drop hard? I am confused at this. Don't look too much in to charts also take market sentiment in to consideration. Its turning positve. Eth corrected 130, BTC corrected 1k. I really don't think we will see another big dip before we set new highs. 450 for eth likely and 5500 for BTC. but its really hard to tell, with Metro coming out this month for eth I really don't know if we will see a hard drop. I think most people will be lining up to buy this thing.

It had already 5 wave of correction

The Bitcoin is the moon that moves the Altcoin tides and low tide has started. Or, in other words, when Bitcoin sneezes, the Altcoins catch the flu.

Hello! This is the same chart right now. Do you feel the same about that bear flag?
That continuation of the iv still make the count valid? I'm just trying to understand the theory a little more, thank you very much!

Keep an eye on the red circle area. The MACD is topping and expected to cross down.