SUMMARY
PeerPlays (PPY/BTC) price action since July, 2017 to current has been curvaceous. Both on the convex and concave perspective, the pattern is quite uncanny to be the rounding formation. This pattern as the left wall, the basin and the right wall phase. I believe the first two are complete and the latter should onset soon. The blue WXYXZ seem not complete but the count could also be made with an ABC or a WXY where the current blue Y position could be the C. The right wall climb is expected to be the next steps.
It's always the longer term, higher degree of trend that counts more heavy towards direction and trend. However, the subwaves provide local geo positioning of waves so as to get orientation to the projection. I don't mean to do a play on words, but it's the best explanation I can provide. The WXYXZ requires an abc subwave for blue Z which looks near complete. Could there be a lower low? Yes, and that woudl complete the triple coomplex.
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