that would be fairly quick a correction if this was really over by tomorrow as you seem to project it on your 5' chart.
But deep inside, I can't but agree with these counts... looking at all those oversold Alt/BTC ratios, looking at all these red double digits in USD pairs (4h charts sometimes), I'm confident this won't last long....
And since wave 2 had a 0.786 retracement, by the rule of alternation I expect wave 4 to be short lived. We'll see! Those who got cash won't care ^^
And yes, I can imagine what's happening after this correction... and so do you :D who knows, your green wave 5 could be crazy expanded by fomo, and I for one believe that on this particular one, alt coins will synchronize on the rise.
Could also be bigger wave A of 2 already. We have to wait and see if an impulse wave follows, or a wave B up follows...