Double Bottom
(Not Investment Advice)
Riot is showing a double bottom on the weekly chart. Riot has finished off 2021 lower than expected in the way of price action, Riot has accumulated large amounts of BTC and is focusing on growing further. The fact they have not offloaded BTC in the past year is a buillish sign for potential higher prices in the future, will this big play have a big pay day? only time will tell.
Riot breaking through $20 on the downside may provide a potential short opportunity however across the long term Riot is looking strong while going through sideways action.
(Not Investment Advice)
Riot is showing a double bottom on the weekly chart. Riot has finished off 2021 lower than expected in the way of price action, Riot has accumulated large amounts of BTC and is focusing on growing further. The fact they have not offloaded BTC in the past year is a buillish sign for potential higher prices in the future, will this big play have a big pay day? only time will tell.
Riot breaking through $20 on the downside may provide a potential short opportunity however across the long term Riot is looking strong while going through sideways action.
(Not Investment Advice)
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