Cnbcchart
nflx short ..win streak still alive.its ran its 5 up
market euphoria now its time to deal with come down and depresion from that high
CNBC Continues Printing Money For Us...As far as indicators go, this one apparently cannot be broken.
Even if hundreds of thousands of people saw it.
Even if it was retweeted 600+ times.
CNBC is THE contraindicator of 2018.
Two bullish tweets given yesterday as it broke above $7,000 were the perfect opportunities to short Bitcoin.
A 4% drop in price followed and CNBC continues to reign supreme.
CNBC Bitcoin Indicator Gives An Insane 95% Accuracy For Bitcoin.Hey guys, my first chart was deleted for adding my social media profile links at the bottom, so I'm re-uploading this one.
I was #1 in Trading View for a while. Hopefully I didn't violate anything on this one...?
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I'm sure that you've heard that CNBC is a good contraindicator, well I decided to put it to the test.
After back testing what I like to call the "CNBC Bitcoin -0.78% Indicator," it is giving us a clear buy signal in this new range.
Almost every single bullish tweet we've seen has been at the top of nearly every single rally, giving us a very strong sell signal.
With every bearish tweet we see, it has been a clear indicator of a short reversal and end of a rally.
#1 - 90% return.
#2 - 26% return.
#3, #4 #5 - 34% return.
With every bearish tweet, we typically see on average a 30% return.
In the last week, we've seen 3 bearish tweets from Twitter, which gives us a clear indication to go long here.
Based on our 30% average returns, we should see a strong rally back to the $8500 area, where we will then wait for more bullish or bearish tweets to let us know which way we are going.
I believe this is a perfect reflection of the emotions of average traders and investors, which is why it's such an effective strategy.
I'll be updating this more as we move forward to see how this trend continues.
After I posted the chart, I received over 1.1k likes on Twitter and CNBC even sent out a tweet saying "This tweet is neither bullish nor bearish."
I then received a call this morning FROM CNBC for potentially coming on their show.
Thanks for the lover and support. Will post more soon!
