maddamanda

maddamanda Updated 

Short term bullish

maddamanda

Seriously. The 4 hour price action is looking weird, and the baby porcupine is visible on the 1 hr.

maddamanda

Sometimes, all I see are fractals

maddamanda

I'm not a huge fan of Elliott waves because there are so many possible scenarios and combinations that it's really impossible to accurately predict the next move with certainty. However, I do find that they encourage the use of fibonacci, which I do find useful. The charts above show potential bullish outcomes of BTC. But, I am only showing a small fraction of...

maddamanda Updated 

I've seen a few ideas published comparing the current crash to the one from 2014, but I'd like to remind everyone that that wasn't the only time the bubble popped. In 2013, there was a crash/correction (call it whatever makes you feel better) and I would argue that our current 'situation' resembles it more than the one from 2014. I'm not saying that 2014 isn't...

maddamanda Updated 

There are a lot of different published wave counts out there on tradingview right now, but I try my best to follow the Elliott rules and combinations. I'm certainly not an expert, but I think I've studied enough of Elliott wave to understand that many of the published counts are invalid. This one of a triple three combo seems to fit the best at the moment, but it...

maddamanda Updated 

Ripple is showing some nice bull flag fractals. If they continue, we could be looking at a nice setup. 2x of the current flag pole takes us to the shaded box target, which is just shy of the .786 level of the previous high. **this is not a recommendation to buy or sell. Trade at your own risk**