Expected scenario: The digital currency witnessed an intention, a positive change in the general trend, after the breach of the falling channel, and consolidation at the support levels 10.40, to stabilize in the middle of trading today at levels of 12.30 dollars, noting the positive shift in The liquidity flow indicator, in an indication of the purchasing power's control at the present time on the Neo trades, so we are expected to witness more gains to reach the levels of 13.50 and then 15.45 as a second price target.

As for the alternative scenario: In the event that the Nio fails to breach the resistance of the 12.40, and the stability is the highest, which is the least likely possibility at the present time, we will witness a return to the declining general trend, with further declines down to 10.50 then a level Psychological support at 10.

Expected general trend: bullish

Estimated traffic range: 12.30 to 15