Qtum / Bitcoin
Long

Pitchfork scaffolded Fib extension

289
Earlier I posted a QTUM model fully exptapolating a cloned repro of an Elliott correction extended by a leading 3-drives pattern. I don't think it's going to happen that way again, but I was curious how much earlier wave anomalies affect subsequent wave patterns. This one has a somewhat more conventional correction phase, so I'll let them play out just to see what the reality looks like compared to novice-generated models. This one doesn't have the same symmetry, but that may work to its advantage once QTUM's wave starts to hit its stride.

I plan to produce a gallery of models bootstrapping various pattern combinations, but mostly from similar groups, to see how they generally perform over time. I'm pretty doubtful chaos can be modeled so simply, but I kind of like trying.

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