You know I'm also a chart reader, not as skilled as Haejin, and have played the stock market for many years with great success. All we have is chart and TA. Coin is no different from the Stock Market. By the way you state your comments, you just pretty much flushed the work of Ralph Nelson Elliot and Dow Jones down the toilet, which has worked for over a century. Many billions have been made on the stock market, generation after generation. I can really tell that the newb isn't Haejin or other Elliot Wave Theorist, but it is you for not understanding it. Maybe you should at least read Elliot Wave Principle, Dow Theory or at least wiki both of them and figure out who those two figures are. While you are at it, you should research Fibonacci, he is a mathematician from the Renaissance era. Then you'll figure how math and stock trend goes hand in hand with cryptocurrency. He is not gambling, he never told when to buy or sell. His whole point is for you to learn how to read bullish indicators from different signals, which if I may add, were developed and recognized by many traders and economist over a century in the stock market.