To The Moon

The little brother of bitcoin hasn’t been able to push higher in the past week, unfortunately we experienced a harsh and fast decline of about 13%.In recent updates we discussed our alternative scenario of an alt.(i) – alt.(ii) in great detail, as of now it seems that this scenario has been playing out over the last days. Our projected wave (iii) target couldn’t be reached in this wave movement, we are sure that it will be reached in the next months, but the “detour” of this alt.(ii) was not our primary scenario…A new retracement zone (green) is marked on the chart, and we are planning on accumulating further positions as soon as Ethereum should enter this zone. The crash of the past days has been quite troublesome for short-term oriented investors, but we at Mendenmein Capital are focusin

To be honest, I am quite disappointed in bitcoin…The wave movements from earlier this month looked promising, and I estimated that bitcoin would continue its rally in our projected wave (iii). Unfortunately, bitcoin lost its bullish momentum and since the last top we declined by nearly 4000$. The bearish movements have been considerable impulsive, and this is VERY unusual for a wave (iii). This resembles a clear warning “shot” and the probability of the highlighted alt.(i) – alt.(ii) has increased tremendously.Bitcoin has formed a last doomed battle line at 26’536$, if we stay above this the scenario of a bullish wave (iii) remains. If the price should break below this level our alternative scenario gets activated, this would mean that bitcoin would crash into our highlighted green retrace

Little brother ethereum has performed well and most traders didn't notice, that ethereum breached above the last top of august 2022! (You can find the usual chart below)The wave movements look good so far and my target of 2445$ at the wave (iii) extension is still the same, the crash this morning doesn’t change anything about this. Furthermore, the Bitcoin Dominance showed significant weakness and through this Ethereum had finally the strength to catch up to bitcoin.I estimate that Ethereum will continue its uptrend and just like in bitcoin, today’s events represent not much more than a temporary “cool-off”. The 2000$ level should offer a support and from there on we should push further above the last high at 2146.50$.Additionally, I want to point out that Ethereum established a new high a

Unfortunately our sunday update got deleted because we aren't allowed to refer our youtube channel, my apologies!Most altcoins could massively profit from bitcoin’s weakness in the past week, especially Solana and Chainlink both established a new local top.But today in the early morning hours the market suddenly experienced a “flash-crash”, some altcoins lost more than -10% of their value in a matter of moments.Nevertheless, “big brother” bitcoin showed quite some strength and the crash looks more like a temporary cool-down. My expectation of a continuing wave (iii) until the level of 35’436$ is hit remains the same, so no need to indulge in fear or even panic. We should continue with the bullish trend in the next days, and it would be helpful if bitcoin manages to push above the last loca

Impressive... very nice!Chainlink is exactly playing out how our counts have foreseen it, the next big challenge will be breaking above 9.50$.I hope everyone could profit of this article as much as possible, we are nearly +33% in profit with our long positionsAt the same time, Polkadot seems on the verge of a breakout, I suspect that we established two wave (i) - wave (ii) setups. Very bullish signal if I am right about this!The money is really flowing into altcoins, let's see where this coin is headed!

The crypto markets are a dangerous place, and I often like to compare it to the fictional realm of the “warp” of my favorite fantasy genre. Hard to predict, uncaring of one’s fate, and terribly dangerous to those who can’t navigate them.But why am I telling you this?For almost over a year now, my colleagues and I are publishing articles on here and did our best to share valuable insights about the upcoming cycle bottom, which we mentioned more than I can remember.We published our own trading decisions on here and shared all our long positions in Bitcoin, Ethereum, Chainlink, Solana, VeChain, Polkadot and Fantom. Since January, another cycle already began, and I am thrilled to see how it will develop over the next two years.Additionally, to my great amusement, Solana and my article last Jan

Bitcoin & Ethereum are massively gaining and altcoins seem to profit of the current uptrend too.The bottom in Coinbase is most likely in, let's get ready!To finish things up, the price reached our blue retracement zone and since the last minor low at 50.81$ the stock could manage to jump by more than 30%. Please keep in mind that coinbase is an extremely volatile stock and adjust your position size accordingly.We will expand our holdings with a second position as soon as we break above the high of wave (b), this will be announced on here so stay tuned!Long #1 Coinbase (COIN)AVERAGE EXECUTION PRICE: 58.76$STOP-LOSS: NONELONGERM Target: +200$ and more

Vechain is lacking behind and currently the weakest coin in our altcoin portfolio.But after all, I am quite optimistic that Vechain will start our projected wave (iii) soon!We should really build up some bullish momentum in the next days and exit these low prices, it would be very bad for VeChain if we should establish a sideways movement. As of now I estimate that we won't see another low in this coin and I remain on my bullish stance in VeChain and all other altcoins which we cover on here. We are currently assessing if we add another position in VeChain, and we would of course update everyone on here, if we choose to do this.Long VeChain (VETUSD)AVERAGE EXECUTION PRICE: 0.02449$STOP-LOSS: NONELONG TERM TARGET: 0.27$ and more!

Ethereum is still in the same situation as last week, therefore I don’t have much to say about the last days.Unfortunately, Ethereum couldn’t profit from bitcoins spike last Monday and didn’t reach a new high. The alternative of another alt.(1) – alt.(2) remains on the chart, it may be frustrating to hear this again but as a professional Elliott wave analyst I have to track these scenarios.But don’t be fooled, there’s still hope for Ethereum, and I remain optimistic about the upcoming weeks. The moment for Ethereum will come as soon as the bitcoin dominance cools down, I recommend checking it out because we are trading right below a significant two-year high. Our wave (iii) target remains unchanged at 2445$, and it’s possible that we could reach this by the end of this month.Much more inte

This week has been increasingly exciting, bitcoin managed to break out of the mentioned triangle in the early afternoon last Monday and today the US CPI data released with a lower-than-expected inflation of 5.0%.At the moment, the markets are reacting in a good way to this surprise, but I am not convinced yet that they can extend these gains in the upcoming hours. Our primary goal of wave (iii) at 35’436$ is still active, and we expect that bitcoin could hit this important level by the end of this month.We have been calling this for weeks now, and I would be pleased to see that bitcoin finally reaches its next target.Unfortunately, bitcoin is still the driving force behind the recovery in the crypto market, and only Solana managed to experience a significant bullish impulse. The bitcoin do