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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.