Mendenmein-Capital

Mendenmein-Capital

Dear investors Recently we published very detailed videos about several altcoins and most importantly we chose to publish our newest bitcoin cycle model which was entirely designed by myself. I highly recommend checking out this video if you haven’t seen it yet because it's crucial to know for investor who focus on cryptocurrencies to understand bitcoin’s...

06:26

Mendenmein-Capital

We are already invested in Chainlink since the 20th of June 2022 and 14th of February 2023, back then we announced our first positions here on tradingview. Long #1 Chainlink ( LINKUSD ) AVERAGE EXECUTION PRICE: 6.17$ STOP-LOSS: NONE LONGERM Target: +90$ Long #2 Chainlink ( LINKUSD ) AVERAGE EXECUTION PRICE: 6.58$ STOP-LOSS: NONE LONG TERM TARGET: +90$ and...

Mendenmein-Capital

Dear Investors The ongoing consolidation is frustrating and unfortunately Ethereum gives me reason to be worried about the next days. The red Fibonacci extension zone between the 1.236 (1828$) and 1.386 (1884$) extension resembles a tough resistance and for more than 15 days we didn’t manage to push above these levels. This failure results in our projected...

Mendenmein-Capital

Dear investors As we approach another week, the frustration grows that bitcoin and ethereum are still struggling to reach higher. I switched the chart from the 1D to a 12H timeframe, so the individual spikes and movements can be seen better. Additionally, I activated the 1.618 extension in bitcoin which highlights another resistance at 28’720$. For more than...

Mendenmein-Capital

Trust me – you better hope that you will never be a customer of this company! For those who aren’t familiar with the Geo Group Inc, it’s a US-based international company which provides governments with private prisons and psychiatric facilities. This company has been around since 1984 and prospered on the boom of the privatization of the prison industry in the...

Mendenmein-Capital

I hope you aren’t getting tired from my statement, “the situation in Ethereum remains slightly different from the one in bitcoin.” Because unfortunately it actually is still slightly different because Ethereum couldn’t catch up to bitcoin, and we are still trading below our red Fibonacci zone. The 1.236 extension is the most important here, the whole red zone...

Mendenmein-Capital

Welcome back… Today’s movements have been strong so far and a noticeable inflow of capital in altcoins can be observed. Especially Chainlink, Solana and Fantom will be very interesting to watch. 1D Chart - Bitcoin (Bitfinex) Regarding the situation in bitcoin, not much has changed, today’s spike of a little more than a thousand dollars is a good signal....

Mendenmein-Capital

So let’s focus on Ethereum… I have discussed this in our last update and sadly the situation is still a very complex one in Ethereum. We have been hovering below the 1.236 extension at 1828$ and didn’t manage to break above this resistance for more than 8 days now. This is a very bad signal and the market is loosing steam, making itself vulnerable for a possible...

Mendenmein-Capital

Hello everyone!   I hope everyone had a good weekend so far, if not it's safe to say that at least bitcoin & ethereum relaxed over the last days. As you may know, the markets didn’t move much in since our last update and the situation is still the same. We estimate that the movements in bitcoin are simply a cool off from the last rally, according to our...

Mendenmein-Capital Updated 

Good morning America! The work hours are coming to an end here in Zurich, and meanwhile our American friends are starting their work day. But don’t be fooled, today is a very important day because the Federal Reserve will announce their Interest rate decision and investors all around the world are eager to hear some comforting words from Chairman Jerome...

Mendenmein-Capital

The upcoming FED decision has been discussed in our bitcoin update, so as usual I will only focus on the technical situation in Ethereum. Surprisingly, Ethereum has shown some weakness in the last days and the price got rejected from the 1.236 extension three times already. At the time of writing this article, we are still trading below this important level. ...

Mendenmein-Capital

Salutations The situation in Ethereum is slightly different from the one in bitcoin, and this will be today's topic which we talk about. The little brother of bitcoin only gained +30% in the past days and lacks behind, this is rather unusual because oftentimes Ethereum is the one who has the more exciting rallies. Additionally, Ethereum reached the marked 1.236...

Mendenmein-Capital

Good evening everyone! Hope you had a lovely weekend and were able to celebrate the massive gains in Bitcoin and Ethereum. The situation is looking better in bitcoin and just like I said in our last update, a breach above the 1.386 extension at 27’411$ means good news for the market. Currently, we are trading slightly above this level and bitcoin is yet not...

06:57

Mendenmein-Capital Updated 

Welcome back to our Wednesday update Like I mentioned in the video, we suspect that the whole pump of the last days resembles a wave (b) and I explained that an expanded flat or running flat might be the most likely patterns to unfold in bitcoin. For everyone who wants to learn more about corrective patterns, the following website provides helpful information in...

04:12

Mendenmein-Capital

The little brother of bitcoin managed to break above the top of wave (i) too, and the chart is almost identical as of now. Like I said in bitcoin, we expect that a wave (c) will start in the next days and we will be curious if an expanded flat or a running flat will unfold. Please note that we are already invested in Ethereum since the 15th of June, back then...

Mendenmein-Capital Updated 

Good evening everyone, tonight we have a few important things to talk about. As mentioned in the previous updates, the last week has been very turbulent for the markets and Jerome Powell didn’t really help with his speech in congress. Our bullish count which we featured in our update in February got invalidated and our alternative count of the alt.(ii) got...

Mendenmein-Capital

Most has been said in our bitcoin update, and therefore we only focus on the technical situation in this article. Our bearish alternative which we highlighted in previous updates got activated in the last days, and therefore we set the wave (i) top at 1741$. We moved in multiple a-b-c waves since this top, and the selling pressure pushed Ethereum straight into...

Mendenmein-Capital Updated 

Quite a few traders reached out to me in the last days since I posted our first updates on Polkadot and Vechain. Both coins could gain further momentum in the last days and slightly overshot our wave (i) top estimation. Today we start with Polkadot, and before we dive into the count, I would like to highlight that everybody should carefully read our assumptions...