$NIO TOP 20 PROJECTION
Added 2024-01-03 17:21:48 +0000 UTCA lot of new joiners over the last 2 months and I want to add this again to show how $NIO can look if it continues on its road to progression.
This is a straight forward Double Bottom structure, using the same time frame down to $7 from $24, as back up to $24.
This is the conservative chart and the MACD is showing a bullish curve up on the weekly chart.
The 50 Day MA is the prominent resistance line here on the weekly chart but we can notice that the 50 Day MA on the weekly chart is at the exact same level as the 200 Day MA on the daily chart.....interesting.
So a break above this level at $9.35 will certainly be a big win for $NIO bulls.
Comments
Lets go for it!
Federico Salerno
2024-01-03 17:25:17 +0000 UTC
