These are the interesting points you mention.
Yes, I believe (and saw) that few aspects of Elliott Waves theory work a bit different in cryptomarket when compared to “classic” financial markets. May br because of extreme “greed/fear” the waves form a bit more “irregular” (failed/unfinished) patterns.
The basics, however, are quite the same. Impulsive 5 waves along the main trend, corrective 3 waves against the main trend.
The same “Yes” to the second question. It is quite likely that among the newcomers we will discover quite some gems. Not those who are demonstrate at the moment the immense marketing power (coming mostly from invested into the teams VCs) and collect huge amounts of money at ICOs. Rather those who keep more or less silently working on the their product..
