So now that BIT is ATH again at 28K$, Mara is not moving that much (13ish) and RIOT is at 16. But the chart show otherwise in regard to the trending in coming days. It may very well drop to at least 14. Many, including myself are extremely disappointed, for we expected a Xmas surprise like around 20, as we men have no patience ... At the meantime it is...
It looks like people are selling off this EV for now after a substantial 100% increase in Dec. According to Fib, it is 15.80 and 15 USD lines of supports. I have an inclination for 15, because according to VI lines it is not over yet, expect some smaller drops to come. BTW many EV are down right now... FYI, I love the concept of CANOO from Los Angeles. I sold...
Frankly speaking I don't know where MARA or RIOT are going, and / but Mara has surpassed RIOT in price already, which is an exceptional event/ indication. I am using my previous chart, it shows MARA not only has attained all targets we can rightly assume that it will be at 12.50, from 5, just in 3 days. However, we can observe it is over brought. Hence, I...
SO as we can see this would be the 4th wave that just started yesterday before closing bell. It should be getting bigger than the 3rd. hence CBAT should attain an ATH of 13. this is of course only in theory. Watch for 8.50 though. I brought in under 5 $ before yesterday, after a long period of waiting and expecting it to double. I am grateful to whoever heavily...
So for those whom brought MARA when it was in the red 2 days ago, at around 5 USD, bravo. From the chart, we see it broke all the uptrend resistances. This could be argued as the beginning of the 3rd waves too. Re when it can reach to 10 and 12? It all depend the bitcoin's uptrend force by Xmas. Please see resistance lines.
It is pretty obvious for me that Xpeng, in absence of positive news will down to the support line 39/40, because it had a way too high speculative up trend. it has lost about 50% of gain now. Now with all those FOMO trapped, one can only wait till new willing buyers coming in to push it higher, given few want to sell their shares.
Be ready to reload at the resistance level. It looks like a W. All those Robin accounts will come back to chase CBAK (a real energy company) once they are done or burned with SOLO or IDEX...
So business is good for NIO, nothing too special beside of stock offering. We can't see where the bottom is, I remember when NIO reach to 40, which was a great news, people were all excited, thus 40 was becoming THE support line. Now we are back to 40 and ppl are crying. I knew this would happen when everyone were saying NIO to the moon... It is likely NIO...
Finally it is dropping. I think 7 / 6.50 is where we can decide to buy or not if we want to acquire this company, because it can go up to 17s according to this chart. Would it right to say so far we have observed 2 waves?
man the cap has changed for now, and I just got in with more shares. LOL Bitcoin is going back to 16K, this is not cool. At least the cap has been filled , so thats reassuring.
this thing is moving slow, the market is at ATH. So if a selloff, CCL can retreat to the support line. So maybe 25 around Xmas ? lol
This has becoming a highly speculative stock since the past month. It might drop to 2 and follow the EV market in general. Just see the support lines.
From this chart, and according to market psychology, NIO and other EV stocks might retest the low, forming a W. Frankly speaking just hold whatever you have and be patient thankful for your gain. Stop watching the charts and go travel and have a life!
It seems that LI is finally and sagely staying at this level for a cool off, because it is windy out there. Once the buying volume is back, the price will go up as shown by indicator. NIO is making the W. so if NIO is going high in volume LI will too. Meanwhile I am ready to buy if 29 again.
Like Mara , Riot has a cap at 6.50... and Mara has filled its cap. If bitcoin is cooling off, Riot might down to 6/7 area.
If everything goes right, MARA will follow RIOT, and if Bitcoin won't crash.
It looks like NIO just like all EV related stocks are cooling off. If NIO downs further, the support line 42/43.