How much do you think chart analysis can anticipate the price movement?
Ive always held the position that in a small market like Crypto (Market cap of the whole Crypto market being almost equal to the market cap of the Apple stock)
economic analysis without taking into account external effects, legislation, promotion, mainstream perception, etc.... cant show us much.
In the stock market that is huge and much more stable, you can find constants that you could use to create a model.
I just dont seem to see that here.

The only way i think this kind of analysis could tell us something is if the major investors started using elliot waves to determine their future investments. That way you could basically guess how the price would turn by knowing the investor primary tool they use.
Maybe im wrong. haha