Please take a look at this chart .How real is this scenario ? How would you feel going this roller coaster ? Well, this is nothing but a blast from the past - XTZ chart from March of 2019 to February of 2020(major fib based moves). The reason I decided to use XTZ is because NIO or any other penny stock is somewhat volatile as crypto . Same psychological tactics can be used by whales to create psychological pressure and excitement .Have a good weekend.
註釋
Listed prices are nothing but average estimation .Do not take that chart as price prediction.I was playing with fib levels on XTZ chart trying to understand psychology behind those moves and decided to apply XTZ fib based moves to NIO chart.
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