MLcryptotrading

MLcryptotrading Updated 

Hello traders, BTC bulls were not strong enough to break to 6550 resistance yet. we had many attempts but we could break it. So we had a pullback to the 6220's. It looks like we are forming a bear flag. We broke the channel downwards so i openend a short position again. We have to remember we are still in a downtrend. And there is no sign yet that we are near an...

MLcryptotrading

Hello traders, The last couple days we have tried to break to 6550 resistance area. But as you know we failed to break it yet. I see all the little bull runs that we have now as corrections of the bigger downtrend. The 0.618 FIb retracement looks like tasty to all the target of the little bull runs. Last time we didn't make it(7350s). My target for this little...

MLcryptotrading

Hello guys, ETH looks for me finished a 5 waves pattern up, we have to come down a little to make new high's. Keep in mind shorting here is scary and riskful. Why i short here? -counting 5 waves -candlesticks forming -less volume -histrogram is down ticking and made a lower high -RSI is also making lower high's

MLcryptotrading

Hello guys, BTC is following the way up nicely but the channel pattern is to steep to keep going, also I count 5 waves. I am in a small short from 6500. if we break the pattern up we could see 6400s. That is still high enough for more way up. Let's see where btc is going for these days. remember a short now is agianst the trend and risky so i am doing it with...

MLcryptotrading Updated 

Hello guys, A qiuek ETH update, Eth is struggeling allot these days. but we saw a small green dildo to 183. we are at this momoment is a bull flag. but if i look at the RSI and histrogram it's not looking strong to go more up. I openend a short from 182 avarage. Let's see where it takes me. Keep tight SL and take fast profits. GL trading

MLcryptotrading

Hello people, today another day to make money, and play the market. BTC is trying to beat the 6400's resistance now from forming a broadening wedge, ascending pattern(see purple support and resistance). If we break the 6400's we could see 6550 as next short-term target. For me, there is no reason to short BTC at this moment YET. If we break the pattern on the...

MLcryptotrading Updated 

Hello guys, BTC is following a channel for some time now. see the chart. But it's touching the lower support now alone, with partial rises to 6300's. Histrogram is downladering to. I am in a short at this momement and trading with the trend, yes that is down. Target for he scalp 6100's but taking early profits. GL trading! Follow me on twitter and tradingview...

MLcryptotrading

Hi traders, After a nice week of vacation i am back in the crypto world. BTC played out olmost as i predicted(check older posts).i said btc is in a little rise to max 7300's. Then it hitted the resistance line from 2018. and went down HARD. and there we are back in the 6250's. We are finding some support here for a short mabey up, max 6800's. If we fail to break...

MLcryptotrading

Hello traders, Alt making nice gainz because btc is moving slowly sideways up. It looks like there is a rising wedge forming. Trades are risky at this point because there is still room to go up. Then the target wil be 7100's Else down to 7550 and pray it holds, Gl trading guys

MLcryptotrading

Hello traders, and there we are at the 6550's level, like i said in my previous chart. We are holding nice on the support line at the 0.5 fib level. I am laddering up my long posistion. Keep in mind to have a tight SL. we are always still in a downtrend. So don't get greedy and don't play agianst the market. For now i am riding wave 5 to my target zone. Gl...

MLcryptotrading Updated 

Good morning guys, My first 3 and 5 wave were just tiny sub waves in the bigger picture, adjusted the wave a little, Still playing wave 4 and ladderd up further. I keep my eye on the 6700 resictance what now acts as support. if we break down. 6550's is possible. Keep in mind retracement trading is risky u can easy get stuck. That's why i do it with a really small...

MLcryptotrading Updated 

Hello traders, Btc made a nice jump to the 6650's area. but the last wave up wasn't as big power as the wave before. i count it as the 5th wave. Short target arround 0.5 FIB level. After that if btc holds 0,618 fib level there could be a nice wave up agian. Let's see what happends. Gl trading you all. Don't forget to give me some likes and follow me!

MLcryptotrading

Hello traders, a nice new day to make money in the crypto world. Mabey there is a nice elliot-wave forming. At this moment i am in a long. i will ladder up more if needed, but keep the support levels and good SL. Hold to those Stop losses. else u get rekt in this market. Gl trading guys!

MLcryptotrading

Eth ready for a new green candle? There is a nice traingle forming on the 1h chart. let's see if it wants to go up or down, i will the break out if there is volume. We have to look on BTC always. BTC is the king

MLcryptotrading Updated 

1 more attempt from btc to go up? could be atm that we are in a wave 2 of a impulse wave up. if it hold above the fib level i will try to right the 3th wave. Keep in mind we are still in a channel pattern from the 5900's level. keep an eye on resistance and support. GL trading guys, and dont forget the market is risky now. be carefull. Let's make gainzz

MLcryptotrading Updated 

Hello traders, Eth is one off my favourite coin te trade, Histrogram action and RSI compared to price action made me do a little scalp short here. GL trading people Keep sharp those times there is allot going on in the crypto. dont get stuck in a trade, be smart and keep good SL. And hold yourself to those SL. Let's make some gainzzz, dont forget to follow me on...

MLcryptotrading

Morning, Feels good te wake up in a long from 6400 with target set in the 6800's. check my previous chart were i set my target in the 6800 region as end of wave 5. But i changed my count. Why? wave 3 should have to most volume and highest Histogram. So let's see if a real wave 5 can acours. plan for the next days? play the wave 4(is tricky) and then mabey the...

MLcryptotrading Updated 

BTC is going a little sideways for some time now. that makes the bigger picture hard to see. In the mean time it's still possible to make some small money. playing the BTC in wave 4 and mabey a wave 5. Let's see what happends. if wave 5 occurs my target is: 6545