It's interesting watching the charts in this thread invalidated within 24 hours. Where is your God now, Elliot wavers?
In cryptocoin land, a ponzi is a fundamental. And fundamentals piss on TA, including EW.
I will borrow this one to my book of the famous sentences, if I may, Tzupy.
You made my day. I knew many explanations on why EW does not work, but this one hits the nail in the head!
You may borrow this one...

However, EW does work sometimes, and chessnut had good calls in July.
Back then by EW the market should have reached 340 - 380, but the bad news of the possible fork changed the count.