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Hami_Invest
Oct 7, 2021 9:17 PM

RIOT Fixed Range Of Volume Long

Riot Platforms, Inc.NASDAQ

Description

Quick follow up on my earlier post about RIOT Blockchain as part of my response to @Ahmedramzy81
Comments
Ahmedramzy81
Thanks Hami , understood that there is a big resistance area if Riot be able to break it will go up faster.
Hami_Invest
@Ahmedramzy81, Yes, as i see it, the price is currently being held down by the a major resistance, right about where the the red line on the chart is. This resistance has held down price three times before. First time in January whereafter it broke this resistance in February and had a bullrun of 180%. In May when price formed the first of three bottoms it was again held down by this resistance, and when it broke it i had a bullrun of about 40%. In July it went under again, broke it and had a bullrun of about 40% again. This line is where biggest concentration of volume is and therefore i believe when this resistance is broken, price will rise! LMK if you want me to explain further or make another chart showing my thoughts
Ahmedramzy81
@Hami_Invest, thanks thats more than enough i appreciate your concern
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