NIO MACROVIEW

Here we have NIO. The price might seem in acumulation zone between 33$ and 25$. On macro-view, we can see that the price did a descending channel, but with that acumulation zone we can have a beautiful bounce (price will break the zone from 33$ and will retest it and after that we will have a new acumulation zone on the upper limit of the channel before the breakout from the descending channel-bullish movement).
Chart PatternsTechnical IndicatorsTrend Analysis

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