@ICMakesTrades
YouTube
Avg. Quality
72
Success Rate
41.70
Analysis
283
Correct
118
Fail
153
Pending
9
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
NIO
Short Entry
4.5750
2026-03-04
06:09 UTC
Target
3.3800
Fail
4.8380
In 9 Hours
Risk/Reward
1 : 5
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Final PnL
-5.75%
P/L: —
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The price of NIO has experienced a significant downtrend, forming multiple descending triangles and failing to hold key support levels. Recent price action shows bearish continuation after a failed breakout attempt above resistance, with the current price below the 4.59 support level, indicating further downside potential towards the 3.38 target. There's also a bearish head and shoulders pattern forming on the chart, suggesting a potential continuation of the downtrend.