Sunday Update BTC/ETH - Speculative long trade?
Good afternoon
The market has been largely trading sideways, but in our micro count, some interesting patterns are unfolding. Investors who are very enthusiastic about taking risks could think about opening a long position to speculate on the upcoming wave 5.
Please note that we are already invested in Bitcoin since the 15th of June 2022, back then we announced our first positions on tradingview.
Long Bitcoin (BTCUSD)
AVERAGE EXECUTION PRICE: 20’714.20$
STOP-LOSS: NONE
LONGTERM TARET: +120’000$
Please note that we are already invested in Ethereum since the 15th of June 2022, 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$
The market has been largely trading sideways, but in our micro count, some interesting patterns are unfolding. Investors who are very enthusiastic about taking risks could think about opening a long position to speculate on the upcoming wave 5.
Please note that we are already invested in Bitcoin since the 15th of June 2022, back then we announced our first positions on tradingview.
Long Bitcoin (BTCUSD)
AVERAGE EXECUTION PRICE: 20’714.20$
STOP-LOSS: NONE
LONGTERM TARET: +120’000$
Please note that we are already invested in Ethereum since the 15th of June 2022, 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.