I appreciate your opinion! I know someone who seems to be pretty successful in applying the Elliot Waves theory to his day-trading and, at least in retrospective, you can often clearly see the wave patterns, so there is definitely something to the theory.
I totally agree that the crypto space is way too unpredictable and manipulatable for technical analysis to work reliably or as reliably as it can.
I am following Node investor as well and I believe he is the one I learned the most from. Haven't heard of Clif High yet. His tweets are mostly non-crypto related. Has he shifted focus?
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Clif High created this program called the web bot and pioneered predictive linguistics. His web bot pretty much scours the web for words and phrases and gives them rankings based on their emotional tone value. Based how many times a word comes in in xyz forums, twitter, facebook, etc. and how they come up, his bot is able to project how likely xyz will happen and when. He used to cover everything from politics (election outcomes), earthquakes/weather, economics, financial markets, geo politics, and crypto. He's been calling BTC, ETH, LTC price movements for over 12 months on a general level for the most part and nailing them. He's calls some exact price targets now and then but not often.
His report had Populous, Veritaseum, AdEx, Centra, TenX all as great ICO investments based on his predictive linguistics. He's very well known in the space but because his web bot covers many different things and he's only recently shifted focus entirely to crypto, people often think he's crazy. He's not 100% accurate but he's the most accurate i've seen in the space. If you're a fan of numbers, trend lines, support, resistance, he doesn't provide much of them.
I explain briefly what he does in the video below.
https://steemit.com/bitcoin/@stonecryptonews/who-to-follow-for-crypto-news-on-youtube-and-twitter-crypto-tutorial-episode-10
Ah, I definitely have to check him out then. Thanks for the elaborate explanation!