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Is this a good time to buy RIOT ? LONG
Riot Platforms, Inc.
Long
Is this a good time to buy RIOT ? LONG
By AwesomeAvani
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Aug 19, 2023
9
Cheer
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5
5
Aug 19, 2023
RIOT has had a downfall in the past month on the 1H chart. The crypto
market had a resurgence and is now in the dog days of crypto summer.
The MACD shows some bullish divergence.
The volume profile shows most of the buying was in the 16-17 range. RIOT
is far below that with relative volume voids in any movement back to that level.
I see this as a long trade setup with 30-40% upside on the stock and much more
in a one or two month call contract. If you would like to know my parameters on
a long stock trade or call options please leave a comment. ( please also see
my BTBT post, like and subscribe).
CRYPTO10
cryptomarket
MARA
Moving Averages
Oscillators
pattern
reversal
RIOT
volumeprofileanalysis
Volume
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