Mendenmein-Capital

Sunday Update Ethereum - Saved by the bell Vol.2

Long
INDEX:ETHUSD   Ethereum
I think everything has been said about the current situation of the markets in our bitcoin update, which was published a few hours ago.

Ethereum successfully stayed inside the bullish trend channel and is already showing some momentum, the upcoming days should lift ethereum to higher levels and +2000$ should be breached fast....


Our micro-count is self explaining, if you should have questions feel free to reach out to us in the comment section!

See you next week,

Benjamin Mendenmein


1H Chart - Ethereum (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$


If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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