Def took a big hit. Massive rejection up abov 60$ today. Once again it couldn’t flip 54$ 57$ or 59.30 into support
The problem is BTc at all time highs with a lot of fear of Bitcoin being close to a potential top very soon
Usually when BTC finds a top, altcoins start mooning hard. With that known indicator it’s going to cause extreme voltatile shaky hands in RIoT more then anything
That being said we have still been maintaining inside this traingle. The lower support line goes as low as 48.64 -49$ level. We have been making higher highs and higher lows since we have been running back from the 34$ lows.
Riot had a great run to 80$ at one point. Now there is resiatnce above an many trapped buyers up there. There will now be more resiatnce and sellers getting out this pattern has until 20th to play out one way or the other
I got stopped out and I am way more uncertain which way this will go, but for now I am bullish on BtC as it is flipping old resiatnce to support therefore as long as this continues RIot ideally should remain bullish
The problem is BTc at all time highs with a lot of fear of Bitcoin being close to a potential top very soon
Usually when BTC finds a top, altcoins start mooning hard. With that known indicator it’s going to cause extreme voltatile shaky hands in RIoT more then anything
That being said we have still been maintaining inside this traingle. The lower support line goes as low as 48.64 -49$ level. We have been making higher highs and higher lows since we have been running back from the 34$ lows.
Riot had a great run to 80$ at one point. Now there is resiatnce above an many trapped buyers up there. There will now be more resiatnce and sellers getting out this pattern has until 20th to play out one way or the other
I got stopped out and I am way more uncertain which way this will go, but for now I am bullish on BtC as it is flipping old resiatnce to support therefore as long as this continues RIot ideally should remain bullish
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。
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。