It'd be great if this is wave 3 , but i'm still not convinced that wave A of the correction is over. We can still be in wave A (5 of A to be precise), and therefore will revisit 0.02's before ATH's your pointing out in your chart play out. I think eventually they will manifest as wave V of larger degree.
I'm talking about a drop from ATH, from .371 According to my method the low around 0.02 could only be wave 3 of A, not wave C as you mentioned. Also the rule of alteration says that if wave II was simple and fast wave IV will be long and bumpy, wich appears to be true. Nobody wants long correction in such an uptrend, I know...