Mendenmein-Capital

Mendenmein-Capital

Because i consider the actual market situation to be very challenging, i will post updates after important movements. Just yesterday i published an update, in which i predicted the upcoming movement in BTCUSD. BITFINEX:BTCUSD The drop from the top of Wave B to the first Wave 1 was roughly -850$, i expect the market to go down further. Right now it is possible...

Mendenmein-Capital

Another short update on BTCUSD. BITFINEX:BTCUSD Last weekend we almost perfectly hit the 0.5 retracement @1190$, it is very likely that the uptrend now came to an end. A drop to 8200$ could be right around the corner, however a detour to 11500$ is still possible. Stay tuned and manage your risk, don't underestimate this market. I will watch BTCUSD very...

Mendenmein-Capital

Another Update on a Dow30 Company, this time featuring Microsoft. NASDAQ:MSFT Microsoft is one of the many technology companies which had a huge bullrun in the last months. Right now i am expecting that Wave 4 will come to an end sooner or later, we already hit the 0.382 Retracement. Top to bottom we already corrected -15% and we shouldn't fall under the 0.618...

Mendenmein-Capital Updated 

Short update from my setup in the EURCHF FX:EURCHF The last day brought a very intimidating drop which almost triggered my Stop-Loss. I am now expecting that we finished Wave 2 in an ABC Formation and are now waiting for a impulse to start Wave 3. However the chances for a solid uptrend decreased and it has become unlikely that we will see any impressive bull...

Mendenmein-Capital

Short Update on my expectation on BTCUSD. BITFINEX:BTCUSD Bitcoin is advancing to the north just as i planned in my last analysis. I am now expecting a hit on the 0.5 or 0.618 retracement, but it could go even further. If we should break the 0.786 the chance of a direct breakout to 14k-15k would dramatically increase. Be careful in this market and stay tuned!

Mendenmein-Capital Updated 

Short Update on my expectations in the EURGBP. FX:EURGBP Everyone who missed out on the Long 1# can now try to participate in this uptrend. The last weeks have been incredibly impulsive and currently we are holding a gain of +331 Pips on the first long. I am expecting that we have finished the small Wave 2 and are now starting the Wave 3 of Wave 3. Its...

Mendenmein-Capital

For all curious ETH hodlers and investors COINBASE:ETHUSD I wanted to give everyone a outlook about what's gonna happen in ETHUSD in the next months and years. It shouldn't suprise anyone that the ATH in ETH (@1420$) was indeed a Wave 1, the horrible correction which followed was a Wave 2. In the last two years we then formed a solid 1-2 1-2 which sets us up...

Mendenmein-Capital Updated 

Hello dear Stock Traders Another day and another DOW30 stock analysis, this time we will take a look at Coca Cola. NYSE:KO I had a hard time counting the elliot wave formations which showed up after the March Drop, Coca Cola had a very heavy correction. Since the bottom we formed a 1-2-1-2 Pattern , a solid foundation for a healthy uptrend. This 1-2-1-2 also...

Mendenmein-Capital

This update gets published once a month. All information about my current open positions can be found on the picture. Keep in mind that i don't publish all of my trades on tradingview, feel free to contact me if you want to know more .

Mendenmein-Capital

This time i want to take a look on a stock, of which i never published Idea's before. NASDAQ:AAPL Apple has seen massive growth after the coronavirus crash, in the past months we ran from ATH to ATH. Right now we are witnessing a slight cooldown of this massive bullrun, but this cooldown won't last long. I think that Apple is currently in a wave 4 and will...

Mendenmein-Capital Updated 

Short Update on the EURGBP FX:EURGBP Everyone who took this opportunity can put his Stop-Loss on Entry immediately! This uptrend has been way more volatile than a lot of people expected, even for me this situation is a bit suprising. Wave 2 retraced to the absolute bare minimum (0.236 Retracement) and i expect that we already started the Wave 3. Sadly the...

Mendenmein-Capital

It has been a while since my last update on the current situation in Bitcoin. BITFINEX:BTCUSD We witnessed a strong and bullish market which brought us up to approximately 12k, since then the price took a heavy beating. I estimate that we are currently in a big correction Wave 2 which can bring us down to the 0.5 or the 0.618 retracement. The levels are shown...

Mendenmein-Capital Updated 

Update on the biggest forex gainer today. FX:EURGBP We retraced perfectly to the 0.618 Level and started the Big Wave 3 in the EURGBP Pair with great momentum. In the coming days this rally will loose its strength and we will correct in a Wave 2, there i will announce further entry's. Stay tuned and don't miss out on the next Entry's. 1# Long Entry:...

Mendenmein-Capital Updated 

Last Update in this Uptrend ! SIX:FHZN Right now we are correcting in a Wave 4 and are then heading for ca. 158CHF. At the moment we will reach this level i am expecting the end of the Big Wave 1, an ABC Correction will follow very likely. Only risk what you can afford to loose, i am only taking this trade because i already have 2 in profit. 3#...

Mendenmein-Capital Updated 

Short Update on the EUR/CHF FX:EURCHF I assume that the EUR/CHF is currently correcting in a Wave 2, after the heavy gain from yesterday. It is risky to open up another position, but i have my first position still open and my SL there is on entry. So i am willing to take another opportunity in this uptrend and will open up a long. 2# Long Long at:...

Mendenmein-Capital Updated 

Hello dear forex traders It seems that the long consolidation in Wave 2 is over and we started Wave 3 with great volume . Unfortunately i couldn't announce a new Long because the structure of Wave 2 was just to risky. Everyone who took the past opportunity along with me, can put his Stop Loss (SL) on entry. In the next few days i will watch the EUR/CHF...

Mendenmein-Capital Updated 

Hello Guys It has been a while since i posted my last update, in which i mentioned the umpcoming long opportunity in Zurich Airport. SIX:FHZN Wave 4 corrected heavier than i expected but neverthless, i could place an successful entry. This trade can still be taken by anyone who didn't exploited the earnings pump. - I will update my stop-loss and place the...

Mendenmein-Capital Updated 

Hello dear Crypto Fans I wanted to give everyone a quick update, about my viewpoint on my BTCUSD Short. BITFINEX:BTCUSD Right now we are trading inside a huge triangle, which will break out very likely in the next 7 days. I am still expecting a drop to 7200, but i don't want to risk more than needed. The situation, in which we are, is very dangerous....