This is why I hate biased Technical Analysis

I have drawn 2 possible counts, one in pink and one in blue. I think that it looks clear that we are following the bullish pink count. The blue count indicates that we are still on a subwave B of wave 2, but I can't see how it's possible to get a mini-subwave ABC within subwave B - you really have to force it.

Furthermore the 4 HR MACD is curling up and the 4HR OBV is bullish.

Now the reason why I hate biased Technical analysis, is that some TAs are just so biased and are so bearish that no amount of bullish movement will convince them. They will point toward the fact that we are still in the descending channel: but SO WHAT? Just because we are in the descending channel doesn't mean we can't exit out of it!

But all this negativity is causing me to doubt my own analysis. This shouldn't be the case. We should provide both a bullish and bearish case and constantly validate both sides. That way it doesn't influence people one way or another. Unlike what people think, the market doesn't have a memory. It follows trends generally but nothing is set in stone. Most people predicted that when we were hovering around $6800, that we were going down - and yet we didn't, we went up against everyone's predictions.

I believe there are many unscrupulous TAs who are just trying to drive prices toward their own profits.