The labels are the same as my prior post in this daily chart. The outlook hasn't changed as prices indicate the same bullish call as last time. Prices have gone lower and closer to the red c right above the white 2. Wave 2s and wave 4s each have 36 possibilities in form. That's why they almost always grind away for an extended time. This is where patience is needed.
In review, following the initial spike up, the first set of abc (red) correction completed. The c wave was nicely subdivided into i,ii,iii,iv,v (red) waves. Then impulse to wave 1 (white) followed by the current and boring abc correction that should complete soon.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.