I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past
I have never been a big friend of all that trend analysis stuff. I saw video of a crypto influencer a week ago or so where he predicted that Bitcoin will make a breakout in the next few days because in the chart analysis you can see that... and then the next day BTC dropped from 57k$ to 47k$
. So yes maybe you can predict something sometimes from chart patterns that happen a lot of times but as you already said, just because the chart behaved that way a few months or years ago it doesn't necessarily mean that the chart will behave exactly like that in the future. In the end i think the market is almost impossible to predict.