Quote from: Deamindit on September 26, 2018, 01:11:01 AM

I would say this is the biggest buy signal you can get.

CNBC over the years have always been known to go the opposite way of the market and the last place anyone would even want to seek trading advice from, then definitely a biggest buy signal indeed Wink

. I remember how they were preaching FOMO during the bulls, coming up with reasons for users to keep buying and joining FOMO. I have known over the years that as long as you want to stay safe, just follow trends and know how you want to deal with it, but listening to mainstream media and most especially the likes of CNBC is one thing I would not even advise my enemies to do.

Quote from: Pursuer on October 01, 2018, 06:17:02 AM

price has been sticking mostly to that bottom horizontal line and another somewhat horizontal line on top making it into more of an accumulation phase.

Yes, these sustaining prices are clearly indicating that. In my observation, when prices are calm and persisting within some range then it will jump toward the upper side. Until $6200 and $6700 is holding then we expect testing of $10k at any time, the next big psychological resistance levels.