Yes, that's known way to measure RPM.
Bear Automotive used that to read engine RPM off the battery with their 42-210 ARBST battery tester and got a patent on it around 1988. You just had to enter the number of cylinders and the ignition system type.
The other spikes you see could be the primary side of the ignition, coil oscillations, the alternator field switching on and off, injectors firing, or other electrical systems. The continuous string of little humps are voltage readings from the alternator diodes.