Coinbase Update: Moved lower into the box as predicted

Today we hit right under the $140 area that I was calling for and then got rejected. According to my count this is the wave 5 of c of (4). As stated earlier I bought a measly 10 shares at about $125. I then set my stop limit @ $114.41 as this count becomes invalidated at that point. Notice how the 0.5 retracement fib is @ $114.39? Do you remember why that is significant? Looking at MACD we are on positive divergence in the micros and the larger time frame.

I don't feel this has much lower to go before it starts to move higher again towards the low $200 area. If we start to get an impulsive move higher soon, I will probably buy either a few more shares or a couple calls.