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RE: But but...muh Elliot Waves !!!
Then why fake it with zig-zag lines that turn at well defined times and price points?
Then why fake it with zig-zag lines that turn at well defined times and price points?
You're so silly. I learned from a trader who made millions in forex and the crypto markets. It obviously helps to understand market cycles. So, why do you guess at market movements?
A guess openly, and usually within a range. I normally state what it's based on too. I don't say BS like "BTC will turn at $8253.75, because that's simply ludicrous.
A zig-zag for illustrative purposes? Sure, the lines generally do zig-zag. But for prediction purposes a form of probability distribution map would serve far better.