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RE: Lite Coin (LTC): Could the Bottom be IN?

in #busy7 years ago (edited)

Hi @haejin - I find your work fascinating!
But (please excuse my newbie-ness) could you please explain the difference between Elliot waves, and "just" fitting a pattern to the data?
Just read the book "fooled by randomness" and for the life of me - what you are showing us could be astrology, where our confirmation bias finds patterns that don't exist.
Sorry - just started studying this ;-)

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Why don't you read the many references that are available on Elliot Waves, and Fibonacci numbers. The Elliot Waves are pervasive through markets exclusive of crypto.

He has tuturials underneath the post

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