Yes! After playing a ton of rounds, you get to where you can visualize in your head what is happening based on the sound, timing, and what you've done with the controls. As the fight goes on though it gets increasingly more difficult because you don't know what the other player has done with their controls. So, winning is possible, but extremely difficult. Easier against AI players especially the lower difficulty settings that are much more predictable.
I used to be able to provide very accurate play-by-play commentary on someone's game of Addams Family Pinball from the next room, based on sound alone. I doubt I could have played well blindfolded but I bet I could have played better than a pinball n00b, at least.
>After playing a ton of rounds, you get to where you can visualize in your head what is happening based on the sound, timing, and what you've done with the controls