Thanks for the comment! Hmmm... I typically don't count the launch as wave 1 because it's just too chaotic and run by bots, also the correction has lasted for too long and given SPS' infancy, we can treat the bearish phase as the cycle reset.

BUT, if we do include your wave 1 as the start

1. As you said, we are still in the middle of a much much bigger wave 3, which is most likely the 1.618 of the wave 1 high (or higher hopefully).
2. The first 5 wave impulse for that giant wave 3 is part of a number of 5 waves we'll experience. The one thing I don't know is how many will we need to get to that 1.618
3. For us to be both wrong, we need to go below .31 cents to invalidate our patterns. Low probability so we're still good for continuation.