As you can be by the following my previous idea was based was QuantumScape. The new opportunity arised when i saw that the 2 charts, are mostly identical in terms of price action and technical analysis.
1. CCIV have had 5 major waves down, finishing off at the 2.618 trend-based fib-Extension. QS has the exact same level of 2.618 where it bounced of the last time. 2. On the 15min chart we can see that QS and CCIV are hovering around the same RSI level: 18. If this is true, CCIV is likely to break up here. 3. After the QS long, QS had a return of 75%. If the compare the two it should put CCIV at 42 USD.
Remember to give this a like, and i will keep this updated with daily technical analysis.
May the chart be with you.
Previous QS IDEA:
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it went abit lower than expected, but so far so good.
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