Could ECM serve a purpose for the Crypto Market?Hi there,
i'm sorry to say but i can't give any substantial input because Economic Confidence Model (ECM) is far beyond my Kung Fu and a lot of precious content is behind a pay-wall. I would like to know if there is anyone here willing to share his experience and knowledge about ECM and whether there are chances e.g. to build correlations and thus indirectly make a use of ECM for the crypto market or not. Or whatever purpose it might serve.
All i can say is that ECM is based on Pi which is, like fractals and fibonacci numbers, one of the gifts from mother nature we can use to analyze charts. To get a comprehensive overview on ECM and it's inventor Martin Armstrong i recommend watching the documentary "The Forecaster". After watching it, i felt like i just faced awesomeness. (: You might hate him, you might love him. It doesn't matter here. ECM adds another view to complete the picture as a whole. This is the only thing that should matter. I have added USDJPY to show how nicely a price might follow ECM cycles.
I'm looking forward to interesting comments.
Sincerely
Source: Economic Confidence Model – When One Nation Peaks Another Bottoms
