MLcryptotrading

MLcryptotrading Updated 

looking for a small long on Dow. still intraday and HTF short. Max level for DJI would be 25,500 ish. placed SL in Break-even

MLcryptotrading

14 nov was a red day in crypto world. At first we made a new yearly low(5200's). looks like we broke the 2018 descending triangle. We did this with a sell volume increase. for now 5400 looks like support short term. Now the dust settled a little it's time to take action. My plan for btc is to watch if the BUY volume is picking up. and if we can attack to FIB...

MLcryptotrading

Hello traders, In these times XRP is the only coin with some good movements. I made a possible Elliot count for a bullish movement up.(only possible if btc wants it to). The RSi is making higher lows. The Histogram looks bullish too. We saw some nice bullish price action last weeks on XRP. This all could be forming a wave 1. Looks like wave 2 if finished at the...

MLcryptotrading

Hello traders, Welcome to the boring weeks of crypto. nothing much to write about but it's a long time so i will give u all a nice btc daily update. After the Tether pump, we are stuck in a really small channel range with no clear direction. For this reason, i am not in a trade on bitcoin. still watching from the sidelines. my plan for the coming days is to...

MLcryptotrading

Hello everybody, Today crypto world was in shock. Bitfinex will close trading for 2 hours. and what happened? nothing lol. So let's get back to trading. It looks like the last jump was a wave 3 of an Elliot impulse wave. So we have still a wave 5 to go. target zone is 0.717 fib extension that will bring us to around 6720s'. Keep in mind wave 5 could fail or be a...

MLcryptotrading

Hello traders, Btc is making not much of any moves these days in October. Didn't open any trade today, stayed on the sidelines of a boring game. every try of the bears on 4h candles gets rejected by the bulls. still, we are making lower lows and lower highs. If the 6500's get broken we will land on a good support of the 6375 levels. to stay bullish we should...

MLcryptotrading

Hello guys, Crypto made some nice moves the last couple of days. ETh just spiked to 240 Dollar. huge run from 216 support. on the 1h chart, Rsi looks weak. we have to retrace some ground before we can go up. The target for my short is around 225 dollar(round number) also between 0.5 and 0.618 fib level. Keep a really tight SL because we could pump more, risky...

MLcryptotrading Updated 

Hello traders, BTC made a nice jump yesterday, we are now trading at the 6800 resistance, I believe we are now finished wave 5 from 6420 level. This could be an Elliot wave in a bigger 5 wave pattern. that would mean we just finished wave 3. so there is more green to come. i am in a short for BTC from 6790 level. i can't see that we break 6800 short-term we have...

MLcryptotrading Updated 

Hello traders, a quick update before the storm of BCH. We are forming a triangle what can break out on two sides. my bet is that it goes down. But remember what happened to XRP short wrek the last pump, stay safe and be patient. i will buy the break out with volume.

MLcryptotrading

Hello people, Eth is trading around the 215 Dollar, we are still making higher lows. this is a good thing for the little bull run we make. i still believe this is is a correction in the bigger Bear market(2018). My play is to watch the green rectangle targets in a 4h timeframe Elliot wave. We could just be in a big wave 4. But BTC is the leading factor in...

MLcryptotrading Updated 

hello guys, its 26th of September and btc is trying to break to 6450 resistance. Every try gets smashed by a huge sell wall around this price. RSI is showing some strength but i am not confident we can break it today. I sold my longs with a 40$ dollar profit a btc lol. But you don't get broke by taking profits. Plan for today is watching from the sidelines. Got...

MLcryptotrading Updated 

XRP is ready to make a little jump up. RSI and histogram looking bullish compared to price action. I am in a long from 6950 let's see if XRP has some power left.

MLcryptotrading Updated 

Hi guys, Btc made a dump last night, we are now trading around 6440 level. I am in a long scalp position now, why? price action looks like a double bottom on the 30m time frame. Also, Rsi is looking way stronger. Histrogram is also not moving much anymore while it wants to cross soon. GL Traders

MLcryptotrading

hello guys, made made a nice wave 3 to 6800's but dropped hard back to 6600s. I will start buying btc again at the 6550 support level. and jump the train to 7000s. then BTC will meet the huge resistance line again. there are no signals that it can break it. so i will take profits. Because we are still in a huge downtrend bear market. But it keeps crypto so u...

MLcryptotrading

Hello traders, ETH made a really nice bully channel from 170 Dollar. we touched the 250 dollar target. this is a round number so it acts most times as support or resistance. I believe we are now in wave 4 before a small tiny wave 5 to 260's. then we meet the huge bear channel resistance. I will start to buy ETH again around 225-227 area. 0.5 FIB level. 225 was...

MLcryptotrading Updated 

Hi traders, Eth is making nice gains since to low of 170 Dollar. The trading price is now around the round number 225. 225 acts as major resistance and it's trying to break it for the 4th time. Looking at the little bull run market. It will probably break and we will see a new high short term. my target is the large resistance line we are following since 700...

MLcryptotrading Updated 

Hello traders, The last couple of days are nice green days. Still, there is money to be made shorting the market too. i am entering a small short from 6780. Why? -price action we get rejected from the 6780's -Histrogram is showing the end of an upward trend on the 1h time frame - RSI is looking really weak agianst other attempts Remember guys we are still in a...

MLcryptotrading Updated 

Hello trades, XRP made a huge jump of almost 60%. it's risky to short XRP now but i feel confident to short it. looking at the price action, histrogram and RSI. for wave counting i am not 100% sure it looks like we are now starting wave 4. Wave 2 had almost no correction so wave 4 should correct more. that why i am in a short on XRP. Gl traders, don't forget to...