Trendlines are so subjective
Every time I draw a trendline, I see someone else draw it slightly different.
They are completely subjective.
Take BTC for example, it's breaking out of a downtrend from the all time high, right?
Well, not if you draw your trendline like this:
(Source: https://twitter.com/koreanjewcrypto/status/1262003953258070021)
So, which is it, did bitcoin break out or is it at the the trendline now?
See what I mean?
Do you draw your trendlines by the wicks or the candle bodies, or both?