does WAN encounter a correction?

According to MACD, wave 3 has been completed and W4 is ongoing. Several retracements show that price cluster of red zone is most probable destination for wave 4, albeit 0.001805 price at 2018-08-04 8:30:00 4h WANBTC candle is one of the weakest assumptions for W4 accomplishment which may lead to wave 5