RIOT is currently sitting at clear S/R level and back testing the 200 day MA as support. Bitcoin is either going to continue through 35k which will take Riot back to highs OR come back down to test 32k which would be a clear get out of this trade before any of the stops hit.
Probably going to close that gap between 10.05 and here so might get a better entry before the stop area. Anything under 50 daily MA is a no go (currently sitting at about $9.70)
R/R on this is insane. IMO.. DYOR!
Trade active
This trade is up over 20% and at first take profit area. I am getting 25% out which will put me very close to breakeven and then will let the other 75% run as high as she might.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.