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W-patterns

MKR/USDT BITTREX ANALYSISVery basic TA here, examining the Maker/Tether pair on Bittrex, we have local support at $4583 and local resistance at $5080 so now we will wait for confirmation to the downside or the upside. If it breaks the top trendline we can shoot for around $6k but if 4HR candle close below support we can expect townfall to $4331 and then $3714. We do not enter here, we sit and wait and see what happens Support: $4583/$4331/$3754 Resistance: $5080/$5210/$6000 Now we wait for confirmations
by jcrozb
BTC/USDT ANALYSISToday we are doing simple analysis of BTC/USDT chart. We will not short or long in this situation, this is simple analysis to make better decision later. We see BTC dipping further towards the $43k range which indicates a futher downslide is coming, however we do see a bullish cross on the 4HR MACD so if BTC makes a move upwards it will meet resistance at around $51,131, if it pushes past this resistance and 4HR candle closes above $50,835 then we can enter long target $55k. If BTC continues to drop we will possibly see $42K, I believe it will make a slight move upward and bounce off resistance and continue it's downward move towards $42k, would be decent short oppurtunity but let's wait for confirmation. As you see we never take profit at exact resistance and exact support, we take profit slightly before to protect our funds. Resistance: $50,835/$59,507 Support: $46,832/$42,301 We will sit, watch, and wait from here for any entries
by jcrozb
Ethereum ETH DIAMOND top seems to be set!Dear traders, Here is a quick new update for Ethereum on the 4 hour chart. We see here a pattern not often seen, the diamond. Like the head and shoulder formations, this pattern has lower targets. It signals normally tops. My previous analysis of Ethereum is still valid with the head-shoulder pattern but now we have a diamond formation and that strengthens my idea that the targets from the HS will come out even more! Guys, now keep an eye on the red trend lines. If we break out to the downside, 2760 will quickly come into view. An upward breakout is less logical with this pattern, but everything is possible. Nothing is 100% sure but this pattern is a top pattern. If it fails then we see an agressive move upside. Keep that in mind! Always confirm trades by a re-test of te trendline and volume to be more sure of false breakouts. Traders, this is my personal view on Ethereum , No trading advice. Always do your own research before trading and at least use stops and money management to limit your risk. If you guys appreciate my work it will be a motivation for me if julle give a thumbs up and follow me for updates. I wish you all lots of profits and above all safe trading!
Short
by PegasusTechCharts
29
MRNA & end of the bulls?MRNA has had a few wild weeks going up from $120 to $170. I believe this could be the end of the bullishness and it may do a correction. Why do I believe this could happen? MRNA hit historic resistance of $170, after hitting that mark it began dropping. This resistance seems like it can hold. RSI is bounced off the 70 mark on the daily chart. RSI is overbought on the 4HR chart EMA's are beginning to cross over on the hour charts. This could be a tiny correction and just bounce off $160 before continuing its path to $200 so I would keep a close eye on the stock. What I am looking for right now is: 1st support - $160 2nd support - $139_$145 3rd support - $120 At this point MRNA going back down to $100 or even lower seems incredibly unlikely. Moderna's earnings arent too far away so that could act as a catalyzer that will continue the growth. In short I believe that MRNA could have hit the resistance and it will either go down to the listed supports or if it stays in these levels then it will most likely stay like this till earnings come which will tell what direction it is going to go from here. Please comment down your ideas and thoughts on this, I would appreciate any criticism you may have on the charts and analysis, and looking forward to your comments! I am not a financial advisor, these are my personal ideas an thoughts please do your own research before buying a stock.
NASDAQ:MRNAShort
by Geckie
10
$RMO PT 30 and higherRomeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America. The company operates through two segments, Romeo Power North America and Joint Venture Support. It also offers battery management systems; and design, research and development, and other engineering related services. Romeo Power, Inc. was founded in 2014 and is headquartered in Vernon, California.
RLong
by UnknownUnicorn19246015
MRNA going back down to $120?As mentioned in my last analysis, Monday will be the deal-breaker for MRNA again, and it failed to hold that resistance. Using historic data this will most likely drop down to $120 again before going back up to the $130s so this can be a great swing trade. BUT! Watch out for support at $126, using the previous downward channel trend resistance this can act as support so watch out for that. Reasons for bearishness: -Historic data of the resistance and dip (influenced the most) -EMA's crossing right now -RSI was oversold It's a clear bearish sign that probably won't last for long so look for a nice swing trade here. (I am not a financial advisor)
NASDAQ:MRNAShort
by Geckie
$QS PT 64-70 and higher...Long Term InvestmentsQuantumScape Corporation, a development stage company, engages in the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California. QuantumScape Jumps on News Volkswagen Will Invest $100 Million QuantumScape (QS) - Get Report shares soared Thursday, after the electric vehicle battery maker said it met conditions for Volkswagen (VWAGY) to invest another $100 million in it. “The milestone required Volkswagen to successfully test the latest generation of QuantumScape’s solid-state lithium-metal cells in their labs in Germany,” QuantumScape said in a statement after the close on Wednesday. “This will be the second and final closing under the May 14, 2020 stock purchase agreement between VW and QuantumScape that provided for a total $200 million investment," QuantumScape added. QuantumScape recently traded at 50.94 It has skyrocketed 420% over the past year amid investor mania for all things electric vehicle-related. "We are pleased to report that the QuantumScape cells met the technical milestones in our labs in Germany that we had previously agreed upon," said Frank Blome, head of the Volkswagen Group’s Center of Excellence Battery Cell. "Achievement of this milestone is an important step for QuantumScape and we look forward to receiving and testing subsequent generations of cells, with the goal of getting solid-state technology into series production," Blome noted. Last week, QuantumScape began a public offering of 13 million Class A common shares. “QuantumScape intends to use the proceeds from the offering to build a larger QS-0 pre-pilot line than recently announced; to cover its full share of equity contributions to its joint venture with Volkswagen for the previously disclosed 20-gigawatt-hour expansion of QS-1 joint manufacturing facility;" and for working capital and general purposes. On Feb. 17, the stock jolted higher after QuantumScape revealed a breakthrough in its battery technology and after billionaire George Soros’s investment firm disclosed a stake in the company.
NYSE:QSLong
by BADQOMOCAWGOWLD
$THBR Advent Technologies Inc. to combine with $AMCI AcquisitionAdvent Technologies Inc. to combine with $AMCI Acquisition Corp., creating a leading next generation Fuel Cell Technology Company $THBR update: Combination with Thunder Bridge Acquisition II on Track to Close Early Spring 2021 Clears Hart-Scott-Rodino Transaction Hurdle Company Sees Strengthening Autotech Demand and Sustainable Order Pattern Reaffirms Strong Revenue Outlook for Above Market Growth Current Industry Shortage of Automotive ICs Underscores Strategic Market Opportunity
TLong
by UnknownUnicorn19246015