- NIO is showing bullish reversal patterns. The bottom may be around currents prices.
RSI shows higher high while prices show lower low, a classical reversal sign.
Take a look at the Doji reversal as well.
Three potential targets at 21%, 66%, and 100%.
Protect your capital with a stop loss if you are just entering this trade.
Good luck and thanks for the likes and comments.
Comment:
NIO lower time frames
Trade active:
NIO next move to target 1:
Trade active:
NIO accumulation
Trade active:
NIO touched our stop loss but a lot of buyers at that price level (look at the Doji candle 2D):
Trade active:
NIO consolidation at this price level
Trade closed: stop reached