Today NIO didnât drop, but it didnât go up either. It was a boring day, but we still can find some answers about whatâs next.
The 46.19 is a new breakpoint for NIO, and the 45.24 is a new support. If NIO loses this price, probably itâll drop to the 43.89.
The problem on NIO is the advanced breakdown on the RSI, and the possible head and shoulders pattern. Also, NIO canât break the 20ma in the 4h chart, and this is another reason why it canât go up.
Now, more than ever, we must be careful with the breakpoints, as they will tell us if NIO will fly or melt.
If you liked this trading idea, remember to click on the âFollowâ button to get more trading ideas like this, and if you agree with me, click on the âAgreeâ button đ.
See you soon,
Melissa.
The 46.19 is a new breakpoint for NIO, and the 45.24 is a new support. If NIO loses this price, probably itâll drop to the 43.89.
The problem on NIO is the advanced breakdown on the RSI, and the possible head and shoulders pattern. Also, NIO canât break the 20ma in the 4h chart, and this is another reason why it canât go up.
Now, more than ever, we must be careful with the breakpoints, as they will tell us if NIO will fly or melt.
If you liked this trading idea, remember to click on the âFollowâ button to get more trading ideas like this, and if you agree with me, click on the âAgreeâ button đ.
See you soon,
Melissa.
