Mendenmein-Capital

ETHUSD - Incredible results +62%

Long
BITFINEX:ETHUSD   Ethereum
Good Morning dear subscribers and visitors

Just yesterday Bitcoin broke it's previous ATH for the first time ever and ethereum could establish itself above 635$!
Everyone of my subscribers can enjoy an astounding 62% profit and we should all be very grateful for this opportunity.

Expected scenario:
Ethereum corrected to the 0.618 retracement and could gain almost 120$ since this bottom.
I expect that we are currently in a wave 3 which will bring us atleast to the 1.618 retracement at 780$
We are witnessing extreme levels of volatility so be careful and stay tuned!

Alternative scenario:
There is a very small chance that we could be in a corrective B wave or that we just finished wave 5.
However the possibility of this is very small and it is very unlikely that said scenario could happen.

Proof that i predicted this uptrend and that i am invested since then:

Current setup:

Entry: 408.63$
Profit target: 544$
Stop-Loss: 408.63$

75% of Position open
25% of Position closed (at a profit of 44.43%)

Trade attivo:
Position is open like described...
Commento:
EMERGENCY UPDATE TO ALL SUBSCRIBERS

I just saw another opportunity to load up on positions.
This entry is very risky but i will keep using my strategy.

Entry: 648.89
Stop-Loss: 530

If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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