My roots are extensive with Elliot Wave, Fractal analysis and Channel analysis!
While the price movement off the low ($0.11400) has offered a decent bounce, in my opinion, it's still too early to get married to one particular wave count at the moment! However, that said, I thought I'd share this one with you, in order to offer you some hope, just in case price does drop lower! Remember, wave (ii)'s job is to convince you that price is going much lower!!!
"Only when the tide goes out do you discover who's been swimming naked"! W.B.