NIO Analysis

٢٣ أغسطس ٢٠٢٢

Price has played out as analyzed last week. Price is currently at the bullish POI at 19.18 where I was expecting a bounce to the upside. However, this bullish move was just a liquidity grab as we close below the liquidity pool. Price has now broken market structure to the downside. I'm expecting price to continue down.