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Andy_D
Apr 13, 2021 5:19 AM

$BTC $RIOT Update - Bullish Pennant - Onwards and Upwards? Long

Riot Platforms, Inc.NASDAQ

Description

#Bitcoin #RIOT #RIOTBlockchain

RIOT Blockchain as an equity relies heavily on BTC price movements.

BTC looks like it's edging to move up any day now.

RIOT, technically, looks like it could either break to the upside, or trade sideways pretty soon.

Given my bullish stance on BTC, I have a bullish bias towards RIOT, even though, competing companies have found their prices getting hammered due to poor earnings and FUD.

RIOT however produced positive earnings, so fundamentals are much stronger here, plus it's not a penny stock, it's traded on the NASDAQ and accessible to RobinHood traders.

Comment

Price dumped due to BTC drop.

Comment

Talk about having bias.. wow.. I really need to keep it in check in future :D
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