Coinbase Update: Start of (5) or OML to go?

This latest move off the $118.02 bottom made on 19 Jan appears corrective to me. In order to create a 5-wave move I just have to really force it and when you have to force an impulsive move, it's probably an A wave in my experience. On the chart, you see a turquoise count (ALT), but this is becoming even more likely than my white count IMHO. Until the white count is proven wrong though, I leave it. This would suggest we get OMH and smack into the upper trend line I have drawn and get rejected causing price to fall to the yellow box I have drawn before raising to the upper target. Another reason I am starting to feel this way is due to MACD on the micros. It made a high at the turquoise A and hasn't breached it since. This is a tall tale sign of an A wave.

Should the white count prevail, we will rise past the upper trend line with relative ease towards the upper target box. One thing that I want to point out about MACD though, it has fallen VERY far on this retrace lower on the larger time frames. This is the deepest it has fallen since 12 May 22'. This could be due to the giant difference in price, or it could be a clue Coinbase is in some serious trouble as a company. If it turns out to be a major bear signal, sub $20 comes into view...