Is this a good time to buy RIOT ? LONG

2023년 8월 19일

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).