$NIO TOP 20
Added 2023-04-10 16:37:11 +0000 UTCReally struggling to find any momentum from buyers to complete Subwave 2, the 200 Day MA is just above on the 1hr chart and has acted as a resistance level before at the end of March, we will still expect to see some bounce for Subwave 2 before moving down further but for now, buyers are not stepping in....it has been a difficult day for the markets too however. I will also be watching for the 50 Day MA to cross the 200 Day MA, this would be quite bearish and in line with what we are expecting.
Comments
Dates are at the bottom of the chart
Gareth Neary
2023-04-10 17:37:46 +0000 UTCAny time frame please ? Appreciated
Samer Said
2023-04-10 17:36:00 +0000 UTCSo we can expect wave 3 to bring us for the buy zone !!
Samer Said
2023-04-10 17:35:34 +0000 UTCThat's it Peter, it is quite aggressive and can move quickly with very little pulls backs or bounces
Gareth Neary
2023-04-10 16:45:49 +0000 UTCThanks for the update! Is it correct to assume that wave 3 is the most aggressive?
Peter C
2023-04-10 16:39:04 +0000 UTC
