mhandley77

mhandley77

Elliot Wave BTC: Suggesting corrective move down is not complete. Wave (2) down could move as low as the 6000 area before massive reversal.

mhandley77

Ripple (XRP) appears to have completed a major wave 4 down on the weekly chart. If this form is correct, the next move is a wave 5 which should at least retrace up to the ATH. Additional Fib targets are 4.65, then 5.4. Note the move up will not be in a straight line: it will be in 5 waves.

mhandley77

Expecting ETH to finish wave v of C down. This should complete the ABC pattern down which would also complete a primary wave 2 (circle) down. If correct, a primary wave 3 move up should very strong and make new ATHs.

mhandley77

Bull triangle possible scenario in BTC. The alternative count is a wave C down to lower targets.

mhandley77

BTC form is indicating an ABC correction pattern down (see my monthly BTC chart). If correct, price should move down hard from here as a wave C. There are three possible targets shown. However, C waves tend to extend, so lower targets very possible. The move down should be a 5 wave pattern.

mhandley77

Possible large broadening ABCDE pattern developing in the SPX? See what happens... Thanks to a good trading friend for pointing this out.

mhandley77

After completing 5 waves up from the previous low, expecting an ABC down corrective wave. Current price action suggests form is in the wave C (blue) down and should complete at any of the three targets shown. This form is fluid and hypothetical and will need a strong move up from Wave C bottom to confirm. Lets see what happens.

mhandley77

Price has moved up in 5 waves and appears to be complete. This would be a larger degree wave (1) of (circle on chart). Expecting price to move down as and ABC to the 3, 4 area . From here it should move up as a wave (3). For those in BTC it may be prudent to take profits here or put in a sell order somewhere below.

mhandley77

AMZN in a seasonal Gann Square appears to be finishing up a "B" wave of a larger ABC. If form is correct, "B" may end at 1959 or 2043 areas before moving down as a "C".

mhandley77

XLM- Lumen forming a potential inverse head and shoulders, cup with handle, as well possible 1, 2 form using Elliott Wave. Initial target is the cup trough distance (blue rectangle) then Elliott Wave 3 at 1.681 of that range. Lets see what happens.

mhandley77

Simple rising wedge price target projection(s) for ETH.

mhandley77

XLM forming a cup formation. The rising right half of the cup can also be seen as an rising wedge pattern. Simple extension show's potential price target(s). I'll be watching volume.

mhandley77

Perfectly proportioned head & shoulders pattern in the DAX index. Wave count appears to be in a wave 4 up of 5 waves down. This could be the end of a wave A of a developing ABC pattern. Levels shown are Gann levels. Let's see what happens.

mhandley77 Updated 

Gann overlay on SPX from Winter solstice 2017 to Winter solstice 2019. Gann routinely used seasonal cycles for his "box" overlays. For this chart I am using a 2 year cycle which appears to be in harmony with trend changes (see the vertical lines in the box). These price levels and time frames are based on segments of 8ths (0,1/8, 2/8, 3/8…..7/8, 1). The Gann box...

mhandley77

BTC pushed down to the bottom of its' current channel. Simple Fibonacci extension has a 1.68 target at 5050.49, just below the 200 SMA... unless it drops out of the channel.

mhandley77

Not completely sure about the ABC count after the Wave (3) blue. Could possibly be an expanded flat. We shall see what happens.

mhandley77

Hypothetical Elliott Wave count for the small caps. Note Wave B may not develop a pronounced a-b-c pattern as shown, but may run to complete the B wave in more of a perceived straight line.