RotanimreT

RotanimreT

$2.90?

RotanimreT Updated 

Please take a look at this chart .How real is this scenario ? How would you feel going this roller coaster ? Well, this is nothing but a blast from the past - XTZ chart from March of 2019 to February of 2020(major fib based moves). The reason I decided to use XTZ is because NIO or any other penny stock is somewhat volatile as crypto . Same psychological tactics...

RotanimreT

Lets see if NIO going hold $3.44 level on Thursday and start moving up towards $3.80 ,If not,if $3.44 not gonna hold , then we can fall all way down towards $3.21-$3.17 level. Thanks for your time.

RotanimreT

Lets see is NIO will remain in the bullish channel on Wednesday and bounce back UP from $3.52,if not then last hope to stay in the channel will be if it is bounce higher off ~$3.44 level.Thanks for your time .

RotanimreT

Expecting NIO to move to $4.48 area by the end of next week and retraction to ~$3.88 area the following week .Please take a look at my previous chart and push the play button .(link will be posted below.Please comment. Objective criticism is welcome . Thanks for your time

RotanimreT

Lets see how it is going to play out for the next few days.

RotanimreT

Pure speculation based on some moves from the past and FIB levels .Please look at the chart,let me know what you think .Thanks for your time

RotanimreT

Few possible price targets for next week(Based on FIB levels and previous moves) Pure speculation.Do your own DD.Thanks for your time.

RotanimreT Updated 

If MWK moves to $3.74 level (possibly on AUGUST 30TH) then possible entry points for long position are in blue (levels are based on the moves up and down from the past 40 or so days).Pure speculation, do your own DD. Thank you for your time.

RotanimreT

Possible move down to $2.64 area .

RotanimreT Updated 

If NIO touch ~$3.50($3.54) level, then possible move down can be expected to ~$3.15 (0.618 fib level),if it start falling down from $3.4X then move down can be as low as ~$3.11 before it start moving up again . This is just an idea ,I do not have a crystal ball yet.Thanks for your time.

RotanimreT

Look at two previous moves ,both of them are 18%... Interesting...

RotanimreT Updated 

Look at previous big moves up and then down .

RotanimreT Updated 

Please share your opinion .Thanks for your time .

RotanimreT

Please take a look at OBV indicator

RotanimreT

So far everything goes according to the plan I posted on April 2nd -price moved to $1.90sh level where possibly psychological trap is located.Lets see if my scenario (chart "Possible trap at $1.90sh level") correct, if it is then we should see rapid decline to approximately $1.15 level . Please share your ideas.Thanks for your time.

RotanimreT

Can we go as low as $0.80 area ? Taking in to account situation with covid19 and economic impact it has on the global economy....Or not? Share your opinions . Thanks for your time.

RotanimreT

Look at the pattern (weekly chart) on how bottoms are getting tested twice after each big pump. Possible retest at $1.15 area?