As you can see on the chart, 
RIOT has formed a rising channel and has broken to the downside and is currently testing the channel as resistance. Should it not be able to make it back into the channel, then my bias leans towards more downside before higher prices.
As of now, I lean towards the lows getting retested or broken and a bottom forming around the $8 region.
After that takes place, then I thinkRIOT is primed for a large move higher in which we should see prices go 100%+ into the $15-$17 region.
Let's see if/how it plays out.
RIOT has formed a rising channel and has broken to the downside and is currently testing the channel as resistance. Should it not be able to make it back into the channel, then my bias leans towards more downside before higher prices.As of now, I lean towards the lows getting retested or broken and a bottom forming around the $8 region.
After that takes place, then I think
RIOT is primed for a large move higher in which we should see prices go 100%+ into the $15-$17 region.Let's see if/how it plays out.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。