TA and Elliot wave analysis and great complements to healthy due diligence and analysis. Looks like in times like this with TA giving probability of higher highs or lower lows it is also good to add in some fundamental value analysis as well.

For instance, this fundamental metric that I blogged about here seems to correlate a lot with BTC prices just as much as (or even more than) many TA methods:
https://steemit.com/cryptocurrencies/@kenraphael/this-single-metric-seems-to-correlate-more-with-cryptoasset-values-the-past-two-weeks-than-most-predictive-methods