RIOT Potential Swing Setup (11/3/21)

Time Frame: Daily Chart
Idea: Breakout
Factors to Consider:
- Crossover on the 9/21/50 EMA's
- Crypto Strength (Specifically BTC)
- Historical data over the last 12 months shows weak resistance in designated price zone (Highlighted Via Purple Rectangle)
- Volume & Open Interest heavily weighted on call options 2-3 Strikes OTM 11/19 Exp.

Note: Daily is currently overbought, pullback and consolidation for a better entry and trend continuation.