Good point but... BTC is not a stock or Forex, so other rules apply sometimes where charts can't be predicted as in Forex. Some people think we need to go lower until 8500. What if USA starts tomorrow using BTC everywhere just like the dollar? Are we going to $8500 just because "the charts say so"? (I know my example is unlikely to happen but, let's replace it by "something really big happens related to BTC"). Just my opinion.