NIO - 3 Scenarios

١٨ أبريل ٢٠٢١

A descending triangle is often a sign that the bearish trend will continue and further lows will follow. But this is not necessarily the case, because: Triangle is triangle. Brekout in both directions is possible. If the price falls below 32 USD, caution is advised. On the other hand, a new attack on USD 38 could turn the trend. It remains exciting :)