Today I want to reach out to everyone on here and learn more about everyone’s opinion regarding our updates, elliot wave counts and performance – your feedback is quite valuable to me and my colleagues.
Regarding the past days, the ongoing bearish trend has been challenging for many crypto traders and I spent many hours micro-counting the movements in Bitcoin, Ethereum and TOTAL.
As of now it seems that the original “Leading Diagonal” may have evolved into a classic bullish trend channel, I recommend watching the video where I explain this in detail.
Greetings from Switzerland!
-Benjamin Mendenmein
12H Chart - Bitcoin (Index)
12H Chart - Ethereum (Index)
Please note that we are already invested in Bitcoin since the 15th of June 2022, back then we announced our first positions on tradingview.
Long Bitcoin (BTCUSD) AVERAGE EXECUTION PRICE: 20’714.20$ STOP-LOSS: NONE LONGTERM TARET: +120’000$
Please note that we are already invested in Ethereum since the 15th of June 2022, back then we announced our first positions here on tradingview.
Long Ethereum (ETHUSD) AVERAGE EXECUTION PRICE: 1’057.6$ STOP-LOSS: NONE LONGTERM Target: +8’000$
I'm following you for a reason. 😁 I know a lot of people look for constant updates, it's hard to be patient, reality is that moves take time. Maybe circle back once a week to ideas and update even if the update just says something like "on track, following chart".
Mendenmein-Capital
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@iaretheanimal, Thanks for your feedback and engagement. :)
Your observation is indeed correct, a few times in the past we wrote multiple updates on bitcoin even when it traded sideways for a long time and didn't really change anything about our scenarios.