$NIO TOP 20
Added 2023-02-19 11:00:49 +0000 UTCSo $NIO dipped below the wedge twice last week, reclaiming it once and then finished the exactly in the line, not above or below, which does nothing to help people decide which was this will go next! But my target remains.
The RSI is showing both bullish and bearish indications but we are looking on the 1hr chart here, that does not always paint the clearest picture of the trend but I needed to use a lower scale to show all indications and the price.
MACD is slightly bearish tho....I feel that if the market continues red this week, Nio has little chance of going against this trend, CATL's news of reducing the price for their batteries may be some positive news to start the week.
