How CNBC Is Trying To Break $6000 Support From Their Twitter

Today I was cruising the internet and noticed that CNBC posted a suggested trade opportunity to their Twitter feed. The trade suggests that you buyr at $6450, sell at $7250, and set a sell stop loss at $5950. With their most recent "trade opportunity" they posted to their Twitter feed suggesting you buy at $7420, I immediately had to run an analysis on this suggestion to see if there was any validity to it.

And what do you know.... it's a trap. The target set would never get hit, at $7250. It's well beyond any type of fib retracement, and would require going beyond the .786 retracement, which would not happen. It is specifically designed to get you to become a seller at the $6000 support, with your sell stop loss, to get us to crash through it when we approach it later. They are trying to build a collection of sellers at $6000, so we break through with pure conviction.

Best of luck to you all. I rarely post ideas like this, but I thought it would be fun, because it's great that the general public is becoming so aware of how these con men are working with money behind closed doors to manipulate perception and sentiment so pricing meets their wants and needs.

I look forward to pressing "Play" on this idea in a few days.

Good luck! Trade at your own risk!

- SecludedJ

Comment:

And let it be known, this is all speculation. There is no proof this is what they are doing. I do not have evidence to prove this is what they are doing. This is merely an observation, based on historical data, that indicates that CNBC leads investors in the wrong direction, based on their historical inaccuracy of "predicting" the cryptocurrency market. Up or down? You have a 50/50 guess. But when you're wrong 90%+ of the time, something seems suspect.

Let's watch this call. Price crossed $6450, traders who are following their advice now have active trades.

Comment:

Now, according to a CNBC article published two hours ago:

"Goldman Sachs Chief Financial Officer Martin Chavez called a report that the bank was ditching plans to launch a cryptocurrency trading desk "fake news.""