Riot looking good on 1 hour

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Obviously Riot is still in a long term downtrend, but I'm seeing good signs of life here on the 1 hour. All Ichimoku indicators on 1 hour are bullish, Philakone EMA's are all bullish.
This may be a good alternative to actually buying Bitcoin, it seems to follow its price fairly nicely.
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Also, I just noticed that it closed above 200 EMA today
Trend Analysis

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