Are there any references you could link which would explain these recurring pattern analysis with the ABCs and the numbers (Fibonacci)?
It's human nature to find patterns :) AI's we design are even worst, they find patterns everywhere :) #Cryptocoins have no "fundamentals", only fear and greed so tech analysis "works"
Price is based on a few things but mostly human emotion - which is fairly easily predicted/manipulated. TA works because our emotions, supply, and demand are predictable.