Mendenmein-Capital

Wednesday update - Little brother

Long
BITFINEX:ETHUSD   Ethereum
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 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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