Nio important levelsGood morning people 👍
𝙒𝙤𝙪𝙡𝙙 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚 𝙩𝙤 𝙠𝙣𝙤𝙬 𝙖𝙩 𝙬𝙝𝙖𝙩 𝙥𝙤𝙞𝙣𝙩 𝙩𝙤 𝙗𝙪𝙮 $NIO (Nio Inc.) ?🤑🤑
I teach you easily with a graph , the only thing you have to memorize are the 4 areas drawn with 🟢Green / 🟡Yellow / 🔴Red /⚫Black.
🟩Best entry : 27.80 USD
🟨A good entry : 36.80 USD
🟥Risky entry : 43.20 USD
⬛Danger zone : 25 USD
PD : Black zone is dangerous if the price crossdown this level, it could go down much more. The price can drop to 14$ .
PD2 : "Risky Entry" means that it is a more dangerous entry compared to the other 2 colors. But it is a valid entry anyway.
PD3 : Leave me in the comments, what do you want to analyze next. (any crypto/stock/indices )
PD4: If you still don't have Nio in your wallet, I would advise you to buy on the green line or the red line. They are the 2 best entries at the moment.
𝙄𝙛 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚𝙙 𝙞𝙩 𝙤𝙧 𝙞𝙩 𝙝𝙖𝙨 𝙗𝙚𝙚𝙣 𝙝𝙚𝙡𝙥𝙛𝙪𝙡, 𝙮𝙤𝙪 𝙘𝙤𝙪𝙡𝙙 𝙨𝙝𝙖𝙧𝙚 𝙩𝙝𝙚 𝙥𝙤𝙨𝙩 / 𝙘𝙤𝙢𝙢𝙚𝙣𝙩 / 𝙡𝙞𝙠𝙚.
The post would have more visibility so that more people can see it.✅
Check my profile @MisterZtrading
Niostrong
NIO LongNio got beat down with the china news like many other tickers. I think it started forming a base and was holding it friday.
DO NOT enter NIO if money isn't flowing into the EV sector. Follow big money.
Entry: 40.57, 40.51 (golden box)
SL: under 40.09 (.5 fib)
Short term PTs: 47.84, 53.65
Long term: ATH, 59.17-61.86
If u need confirmation wait for a break of the dark green 1/3 trendline and get in on the retest as support
Nio 2020, a stong finish is coming.Glad you guys loved the previous Nio predictions, here's 1 more into the end of the year. Bears have had a feast these past couple weeks, but a couple indicators are telling me this one is due for reversal, and this chart is how I see it happening.
Previous predictions projected using measured moves, so during the last Nio sell of and dip from highs we do the same.
We use candles to show us that $38 is a very likely bottom, not only was it a steal, it was a phycological buy for bulls as it could be the last time we see $30s again, IMO.
A new "base" or "bottom" would be the $40.50 area, which is where we'll be measuring from
Using a date measure to see how long the move could possibly take(previous run with minimal resistance used), we see an 11 bar or 15 day move.
Using a dollar amount measured move from the base, we can expect a move around $16.17. This target puts us at $58 by December 22nd.
Using a percentage move of the same run, we get a 57.37% move. Measured from the base it gives the target of $65-$68 by December 22nd.
Adding my own opinion on these targets, end of year is more feasible but definitely attainable.
Good luck all happy trading!!
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NIO, beautiful day in the consolidation zone, time for next pop?Thanks for all the likes on the previous NIO chart! Keep on pressing like so I know you want more of these ideads!
Nio is following this trend perfectly. Looking for its next break up
Previously in Zone 1, we can also note, RSI find support in the 50 range.
**********copied from previous days chart********** Please press the like button AND the follow button if you like these ideas, thanks!
NIO price target/end of october: $21
Evs , ah quite the market in 2020. Nio has had quite a year, lets examine the last 4 months with NIO .
Since June 30th Nio has been in a beautiful ascending channel , a closer examination of the trend will show that upon reaching highs, Nio has an extended period of consolidation, into a lower end of the channel, which leads to another rise towards the upper end of the channel.
Zone 1-39 candles.
Upon reaching the upper end of the channel (also resistance), we can see consolidation, and upon reaching the lower end (of ascending channel ) we see a rise into zone 2(becomes support).
Zone 2 (theoretical) -26 candles.
Using the same metrics as zone 1 we saw a rise into the upper end of the channel, back into a consolidation range, this time , along support lines. Using zone 1 measurements, we can expect a consolidation into the lower end of the channel which would take it back into the upper end of the channel, also known as zone 3.
Zone 3 (theoretical) - 23 candles.
In this zone we reach said price target.
With aforementioned measurements used in previous zones (zone 1, zone 2) , We can see the price target of $21 by end of October. Bull case scenario on this pattern leaves us at $28 by end of October.
**Provided also are:
*Pink reversal zones (possible to signal reversal if falling out of ascending channel )
* gray area zones (possible for upside or downside)
*red breakdown zones (for price action that falls out of the bullish trend )