akublashvili

akublashvili

It looks like BTC might try another leg down to Fib 618 @9200, which most likely will bounce the price action back in the descending broadening channel. (Channel's volume signature does not look right to me on Finex but CME gives much more orderly look of the whole situation). This price action can also be considered as test of a golden cross on daily made by...

akublashvili

First of all, if you indeed see this homewrecker of a formation as the cup and handle, bullish twisters, prosperity slim-jims, moon rounded bottom or any of these things ....please , dude get off 1-hour chart :)) you'll find loads of "bullish" double and triple bottoms on 5 and 15-minute charts ... >>>>Rounded bottom and C&H formations need a bit prolonged time...

akublashvili

Whazuup my people, hope you are having a terrific trading day and had a phenomenal weekend as well. I think we are primed to have a nice 1000 USD correction within a very short time. 8.5 target lies on FIB 0.5 which is universally beloved retracement level for BTC and IMHO we will at least test this area today or latest tomorrow. Trend reversal theory will be...

akublashvili

Greetings traders, hustlers, busters, movers and shakers hope you are having a safe and profitable day. We have very interesting thing happening on the monthly chart and perhaps this is giving an immediate indication that case of the bears might not be strong enough to drag us to the new prolonged bear market. There is 10 and 21 SMA bullish cross steering at us...

akublashvili

Yet again we are in the bouncy bounce territory and questions as always are the same. a. How long ? and b. How far? From today's perspective, we see that momentum oscillators are trying to reset, and the result of reset on lower timeframes will dictate the direction of the next move. Several things to look for: 1. 10 simple and medium line of the Bollinger are...

akublashvili Updated 

Greetings Ya all, If you have placed a short right below the 200 MA , congratulations on your phenomenal profits. This was one of the more easily anticipated and sure trades that we might have during upcoming weeks. After spending quite a long time away from the 200MA as it was anticipated, it rejected a price action and returned it to a status quo. I...

akublashvili Updated 

Heya my dear thriving community of hustlers and busters, traders and shillers, movers and shakers hope you are having a tremendous freaki'n day! So here are several important things to keep in mind when digesting the recent price action: 1. Price action takes a precedent over any shape or pattern formation 2. So far it looks like 9.5 k to 10K levels have formed...

akublashvili

Heya my dear thriving community of hustlers and busters, traders and shillers, movers and shakers hope you are having a tremendous freaki'n day! I know I have been a bit of a beartard for the last 3 weeks and there have been very well justified reasons for it, however, I can not ignore the clear bullish signal which comes with the high timeframes. As you can...

akublashvili

Heya my dear thriving community of hustlers and busters, traders and shillers, movers and shakers hope you are having a tremendous freaki'n day and did not get caught up in that nasty nasty price movement. Before I proceed with all that lovely and well-timed mental masturbation, I have to say that I believe we are going to get bought up soon and we will be...

akublashvili Updated 

Heya All, traders, hustler, busters, money movers, ass shakers and my FOMO crowd! We gad very interesting development taking place during the last 2 days. As it was predicted in my previous post we had nice stop hunting action taking place as well as small 200$ dump, which as predicted pulled back quite nicely and now it is giving away some of it's bullish...

akublashvili Updated 

Heya All, So here are several important things to keep in mind. 1. money flow on 4 hours is going red which implies a certain sell pressure. 2. Most of the high and low timeframe Volume oscillators are turning below ZERO, which also means that sell pressure is back and most likely we are going to see a stop hunt or a sizable dump in the next hours. 3....

akublashvili

What is up folks, long time no see... I tell you what is up ... BTC is up, but we don't know for how long. The week has passed and I am seeing people all over TV posting their trade ideas calling for cup and saucers, round bottom flacks, hanging man and variations of head and shoulders. When sometimes the pattern is recognised correctly, yet most of the time it is...

akublashvili

See the massive divergence marked with dotted lines on RSI. This signals the following things: - Reversal to the upside from our current posture - Likely prolonged sideways action in between 9.5-10K levels This being said, we don't have a bullish resolution of the current situation. Bearish signs: - We are under major EMA on 4 H - We have unresolved death...

akublashvili

What is up my people? Have not published a trade idea for a while because the market has been mostly moving sideways since my last post and my last trade idea about a possible resolution to the downside still holds as much water as it did a week ago. However, recent developments give me a hint that we might have an explosive resolution of this insufferable macro...

akublashvili Updated 

Heya All, More and more I look at the price action I feel that these FIB circles of death and capitulation guys might be up to something. They might have been right all along... however, until proven otherwise on regular bases I don't really believe all these crab circles, fractals. BTC LTC and BTC GOLD leading indication BS. This being said, support and...

akublashvili

Heya All my fearful and panic engulfed people, Things are not looking too good now, yet they will get worse before they get better. How worse you ask? 8.5K I'd answer.... how better you ask, and I''ll answer to 16K and beyond... Have charted this bull flag several weeks ago and looks like it is finally taking the shape that I am comfortable sharing. This flag...

akublashvili Updated 

As anticipated in the previous posts we started closing 4-hour dildos below 200 SMA. This confirms our expected downwards move to 10.2 levels to the Brown 377 EMA. There is a death cross fast approaching on 2H, which does not hold much water but it indeed confirms our expectations for lower price levels. Good luck everybody and stay safe! Cheers Archie

akublashvili Updated 

Heya All, Woke up this morning to see that "the FIB circles of Death and Capitulation guys" have been busy and actually have read what they wrote. Shocker! again solid artwork and conclusion that leads to the answer "42". (Kudos if you got the reference and tip of my hat if you actually know what 42 actually means). Now let's put some meat on that bone and...