Well, as the work week starts again and everyone returns to the office, we want to give traders on here an update on VeChain. Back in July we announced our first position in VeChain and since then we didn’t cover this coin again. After months of relatively low price action the momentum finally returns, as many other altcoins spiked, VeChain managed to gain...
Dear traders Our lead analyst Benjamin Mendenmein is currently on a well-deserved holiday. I Vincent Mendenmein will therefore provide today's update on both bitcoin and Ethereum. ETH/USD has surged to the orange 1.618 Fibonacci extension and has been in a small correction since then. It's likely to say that wave (iii) is over and that we are, just like in...
Let’s end the day with our updated analysis on bitcoin! I think that the most important changes have been featured in our Ethereum analysis a few hours ago. However, there are a few small differences between the two cryptocurrencies, and I would like to provide investors on here with our updated counts. As you mas see above, bitcoin is also trading inside a 5...
Dear subscribers… The past week has been difficult for me and my team, the massive pump invalidated our primary bearish scenario and because of this I want to present you our updated bullish count . I have said it many times in the past weeks, bitcoin and ethereum will establish a bullish reversal if they would breach the marked green resistance lines listed...
Welcome back, I hope that everyone had a wonderful New Year's Eve! Bitcoin is still trapped inside the bearish diagonal Below the important resistance @ 18'391 our bearish scenario remains As you may have noticed, from now on we publish new content on bitcoin and ethereum every Tuesday and Thursday. In the last update I gave a detailed insight into our...
This update features another bearish scenario, stay tuned! We remain bearish in ethereum Large symmetrical triangle crushes hope of bullish reversal? Except for one difference, we are still facing a very similar situation in ethereum as we do in bitcoin. The trading volume was very low in ethereum and the price couldn't breach below the last low @...
Welcome back guys! Prices below 5$ are a matter of time LINK could be a rising star in the next bullrun. First, I want to thank everyone who left a comment in the last bitcoin & ethereum updates and to the people who reached out to me. Today we are going to discuss one of the more "problematic" altcoins which formed rather difficult wave structures...
Dear subscribers Another leg down is very likely in crypto No bullish reversal below @1352.70$ Today, I want to show you our current scenario in ethereum, which is almost identical to the one in bitcoin we posted yesterday. It appears that ethereum established an ending diagonal too and just like his big brother bitcoin, it is trapped inside the...
Dear subscribers As the majority of traders celebrate Christmas and spend time with their families, the market continues to trade sideways. I really enjoy the calm ambience which is typical for the Christmas holidays in my home country, and I hope that everyone of you can relax after this challenging year... Meanwhile, bitcoin and the whole market remain pretty...
Dear investors... The temperatures are falling and one of the hottest summers in the past years is coming to an end. We are entering the fall holidays in my country and i encourage everyone to take some time off the market - spend time with your loved ones instead. We have to be honest here, the past weeks were very challenging for our analysis and bitcoin...
Dear subscribers and Palantir investors…. I hope that everyone had a wonderful holiday and could return to their work smoothly. We didn’t release any update on Palantir in the last months because the stock experienced a steady decline in volatility and didn’t give investors many clues about its future. But everyone who is familiar with Wyckoff accumulation...
Outstanding move by market makers! We have to be honest here - it was astounding to see how bitcoin crashed in the past weeks. Most investors should have noticed that several “big short” positions pushed the price below the important resistances @18912 and @18638. Many people had their stop-losses there, and even more got liquidated by one last dump. ...
Dear subscribers and visitors First things first – the bearish signs in bitcoin are increasing and we are in a difficult situation. In our last update we expected that bitcoin would establish a bottom and were more optimistic about the upcoming weeks. However the harsh dump from last Tuesday (13 september) gave us reason to suspect that bitcoin hasn’t fully...
After a more than welcome earnings rally, we would like to give investors an insight on paypal! NASDAQ:PYPL In the past, we published several articles about paypal and announced our first acquisition back at 102,87$. We highlighted our price targets and warned about a possible alternative which would push the price down to at least 70$. Due to the overall...
We want to assist our subscribers and visitors with our analysis during this difficult time. At Mendenmein Capital we use a combination of the Elliot wave theory and Fibonacci levels to predict major turning points. We also use various historical indicators, as shown below, that proved to be very successful in the past. We recommend to read this article...
Dear subscribers The markets keep fluctuating heavily and investors have a hard time estimating further movements especially in bitcoin and ethereum. Since our last update we opened several long positions and continued to persist on our bullish stance. We sincerely hope that the past announcements helped other investors and empowered them in their trading...
Dear subscribers and investors, First of all, we want to thank everyone for the amazing feedback that we received on our last article on bitcoin. Many traders reached out to us and asked us if we could publish another analysis regarding Ethereum. We want to give back to the community on tradingview and chose to publish our analysis for everyone here. We as...
Who would have imagined that Coinbase's IPO would end in such a disaster? NASDAQ:COIN To be honest, most investors probably expected more from one of the largest crypto exchanges in the world. Since last April, the stock has fallen nearly -65%, a painful loss. Nevertheless, we at Mendenmein Capital see great opportunities in this company and would like to...