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Not on bitcoin, but on a few alternative coins such as Verge and BitShares for example. But I don't blame him - I think it is normal to be wrong every once in a while. However, most of the times his analysis has been impeccable and I can only applaud him for it.

his counts are not really wrong there as well, take this two things always into account:

  • never try to proejct time, it is impossible. all you can do is focus on the price levels and in case of doubt patience will pay off
  • corrections are very hard to forecast, especially if they are higher degree of trend. the reason why is that the market will fight any opposing trend so the actionary Elliot Waves are way easier to predict.

What do you MEAN his counts are not really wrong. Is your definition of wrong different to the oxford dictionary’s? Wrong means incorrect. Going the opposite way. Look at his predictions over the last 4 weeks. All of his wave drawings have been completely invalidated from an objective elliot rule set. His counted wave 1s have been crossed by wave 4s. Look at STEEM, XRP, XVG, QTUM, RDD. His targets have been wrong too. Let’s just admit his wave count was incorrect. Look at XRP as a prime example. His target was $4.11 as end of wave 5 and he counted that we were in wave 3. It turned out we were actually in wave 5. That’s a HUUGE miscount. Moreover, other analysts on tradingview were calling for this scenario well before him. It’s pure covering your eyes if you’re going to convince yourself it’s not wrong. Sure, it’ll go up and likely hit his targets from here. But that’s because in a bull market it’s more likely to go up than not. However, to say he was not wrong when all his counts have been invalidated is just pure blindfolding yourself to the plain facts of what happened.

I agree with kevitos on this one - Ripple is a good example. Eventually the price will probably go to $4.11 but not seeing the big correction before that is simply a mistake. If I follow your logic I may forecast that gold, for example will reach 10K. And in the very long run I will probably be correct, but if you buy now and it falls to $700 and stays there for a year and then slowly moves upwards to $1000 and finally in 10-15 years time it hits my forecast - would you call my analysis correct? But as I have said, I have a lot of respect for Haejin and am thankful for all of his efforts. He was wrong for a few times, but that's fine, he doesn't have a magic ball. He made some great calls before that and I don't think it was just luck.

never try to proejct time, it is impossible. all you can do is focus on the price levels and in case of doubt patience will pay off

Bullshit

corrections are very hard to forecast, especially if they are higher degree of trend. the reason why is that the market will fight any opposing trend so the actionary Elliot Waves are way easier to predict.

Half Bullshit