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Champion-Vibe
Jun 7, 2022 3:10 PM

RIOT Long

Riot Platforms, Inc.NASDAQ

Description

LONG-TERM: While Bitcoin is testing a breakout on the daily at its critical multi-year support zone, RIOT has broken out of a downsloping channel and formed a smaller wedge at a major support historically, with classic bullish divergence on the RSI. Using a tight stop on this one so it could fail easily on one red day, but if it does work, it's a great reward to risk ratio. (not financial advice)
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