RIOT
sold out everywhere....well this is consolidating nice along moving avg. perfect pullback to enter at high of day next week. though i feel it is a good swing trade rather then momo but can prob. go either way. election Biden win gonna explode trump win civil unrest = Guns and ammo..... Bought long calls into may and might trade
Short term in contrast with longer timeframe!It is possible for Bitcoin to experience lower prices between 14700-14800, where the support line and SMA200 could convince bulls to add to their positions!
I believe by the next week, Bitcoin has a good chance to get out of consolidation and we will see another bullish rally.
$RIOT Crypto Backed Breakout Coming?$RIOT has been grinding higher for a few days now and creating a strong base on this pullback to previous structure. Sellers are still in charge with lower highs and at least double bottoms so the best the buyers can hope for is a short-term bounce to form a range. If the buyers can't maintain strength on a higher low (green path), then the longer term deeper dip would be next (orange path). Either way, it appears like buyers are interested, it's more just a matter of timing for now. With the crypto markets pushing nicely up this weekend, that may be the fuel they need to break through wedge highs and get things going.
RIOT looks to be falling again one last time RIOT looks to be falling again one last time before moving back up again.
No real evidence just a gut feeling - is a long walk to the next earnings report but by then it will be too late. Buy the dips as we climb higher - people will put two and two together eventually, crypto mining companies make money when BTC jumps up.
I will put in some buys from $3-$4 in 10 cent increments.
These are my trading notes I have no formal education - I am an artist who likes to draw lines.
RIOT forming a nice bull patternA friend of mine asked me to take a look at Riot Blockchain Inc. (from their official website: Riot Blockchain Inc. is focused on building, supporting and operating Blockchain technologies).
Anyway, chart is looking good:) Will watch it closely.
Trade with care! - chartingfeed
So we jumped early before earnings - buy this on the dipSo we jumped early before earnings - buy this on the dip
The cat is out of the bag.
This could go to $100 so get ready just keep buy it.
The rip up today should falter and fall - buy when it drops - it will be the last low price you see.
Check out my RIOT chart as it is a similar company.