RIOT Buy the Bitcoin Pullback? LONG

업데이트됨
IOT on the 30 minute chart has pulled back 35% from its end-of-the-year high when Bitcoin made

a bullish move. Bitcoin has settled down and RIOT has followed that trend down. the MACD

lines are above zero while the RSI lines have settled in deep oversold territory. I see this as

a good entry for a long position with at least 50% upside and much money if taking

call options. As to the latter, I would look for a Juen expiration at a strike just below the

POC line of the volume profile which is confluent with the mean long-term VWAP. My goal is

a 500% return. The OTM call options are cheap enough to take several and then take

partial profits each time Bitcoin reaches a pivot high over the interval and maybe pick up

another when a it finds a pivot low.
액티브 트레이드
Price hit a pivot low at mid-session on Friday for another buy of a call contract.
액티브 트레이드
So far sideways this week as this stock is waiting for a dominate move out of Bitcoin.
노트
The big engulfing green candle to close the last session suggests to me it is time
to buy the dip.

스냅샷
액티브 트레이드
The 100 scale can be confusing to the unfamiliar here is the chart showing actual price

스냅샷
Bitcoin (Cryptocurrency)BTCUSDcoinbasecryptomarketMARAMoving AveragesOscillatorsRIOTVolume

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