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RE: STEEM has a problem called BTC rally
What you and a lot of TA people don't understand is that Crypto prices aren't just based on graphs, they defy what has been happening in traditional stocks and the rules are not the same. Some of these analyses that I've seen have been so far off, all I can do is laugh
It is all about probabilities. It is called analysis and not "I know the future 100% of the time".
If you like to laugh at people with a longterm accuracy of close to 80%, then my blog is 100% not for you.
There are very few good analysts on steemit. For most of them it must seem like 50/50 or worse.
If you keep saying the same thing over and over, eventually it will be right. Analyzing stocks and analyzing cryptos are not the same, and I feel not valid
Considering some of us make an incredible living out of trading stocks and crypto, I can tell you it is the same. There may be slight nuances in the EWC i.e. extended 5th unlike an extended 3rd in stocks. As for chart patterns they work the same in both. You keep on laughing at it and I will keep using it and laughing all the way to the bank as I do now.