So far, we have been moving up and down in three waves. Outlined in green is another possibility, an Ending Diagonal for a C wave of a 2nd, with a thrust up on completion. So far, I don't see any impulsive moves to the downside. This all looks corrective to the last move up in wave 1 circle.
Comment:
Any new low past 0.02093 should complete this Ending Diagonal. A thrust up similar to ENJUSD would be expected, which is within a third wave. Completion of the Ending Diagonal will complete wave 2 Circle and start wave 3 Circle. This is not the time to be short.