Time to start a RiotRiot Blockchain
Short Term
We look to Sell at 8.05 (stop at 8.90)
Previous resistance located at 8.00. The medium term bias remains bearish. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 6.04 and 4.25
Resistance: 8.00 / 14.00 / 23.00
Support: 6.00 / 4.50 / 4.00
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