Wednesday Update - Altcoins (Video)
Dear investors...
The altcoins have been establishing interesting price movements, and especially Solana retraced a lot more than I initially expected! While this may be bad for traders who focus on leverage, this decline represents another good opportunity to accumulate more Solana under the 30$ mark.
Polkadot and Vechain are on track to finish their wave (ii) correction, additionally chainlink might have established another wave (i) - wave (ii) setup which would boost the upcoming rally further. Only Fantom has retraced significantly, and today might be the last chance to prevent a breach below the last support!
Additionally, I want to highlight the upcoming FOMC statement and interest rate decision by the Federal Reserve this evening (by Swiss time), this event will unleash a lot of volatility so be prepared for major price spikes in all cryptos.
Greetings, Ben
We are already invested in Solana since the 20th of June 2022,14th of February 2023 and 14th of June 2023, back then we announced our long positions here on Mendenmein-Capital and Tradingview.com.
Long #1 Solana (SOLUSD)
AVERAGE EXECUTION PRICE: 29.80$
STOP-LOSS: NONE
LONGTERM TARGET: +420$ and more
Long #2 Solana (SOLUSD)
AVERAGE EXECUTION PRICE: 21.68$
STOP-LOSS: NONE
LONGTERM TARGET: +420$ and more
Long #3 Solana (SOLUSD)
AVERAGE EXECUTION PRICE: 15.03$
STOP-LOSS: NONE | Traders can put their stop-loss slightly below 7.92$
LONGTERM TARGET: +420$ and more
We are already invested in Chainlink since the 20th of June 2022 and 14th of February 2023, back then we announced our long positions here on Mendenmein-Capital and Tradingview.com.
Long #1 Chainlink (LINKUSD)
AVERAGE EXECUTION PRICE: 6.17$
STOP-LOSS: NONE
LONGTERM TARGET: +90$ and more
Long #2 Chainlink (LINKUSD)
AVERAGE EXECUTION PRICE: 6.58$
STOP-LOSS: NONE
LONGTERM TARGET: +90$ and more
We are already invested in Fantom since the 28th of February 2023 and 15th of June 2023, back then we announced our long positions here on Mendenmein-Capital and Tradingview.com.
Long #1 Fantom (FTMUSD)
AVERAGE EXECUTION PRICE: 0.412$
STOP-LOSS: NONE
LONGTERM TARET: +6$
Long #2 Fantom (FTMUSD)
AVERAGE EXECUTION PRICE: 0.261$
STOP-LOSS: NONE | Traders can put their stop-loss slightly below 0.16460$
LONGTERM TARET: +6$
We are already invested Polkadot since the 29th of July 2022 and the 14th of February 2023, back then we announced our long positions here on Mendenmein-Capital and Tradingview.com.
Long #1 Polkadot (DOTUSD)
AVERAGE EXECUTION PRICE: 7.33
STOP-LOSS: NONE
LONGTERM TARGET: +55$ and more
Long #2 Polkadot (DOTUSD)
AVERAGE EXECUTION PRICE: 6.01$
STOP-LOSS: NONE
LONGTERM TARGET: +55$ and more
We are already invested in VeChain since the 29th of July 2022, back then we announced our long positions here on Mendenmein-Capital and Tradingview.com.
Long #1 VeChain (VETUSD)
AVERAGE EXECUTION PRICE: 0.02449$
STOP-LOSS: NONE
LONGTERM TARGET: +0.27$ and more!