VolumeSpreadAnalysis
Oct 27, 9:46 PM
$RIOT
Price:
$13.56
Volume: Above average
Catalyst: BTC's recent rally toward key levels is reigniting interest in miners like RIOT.
Resistance:
$14.80
Support:
$12.40
Bull case: A clean break above
$14.80 on strong volume could fuel a push toward the mid-
$16S.
Bear case: Rejection at resistance with fading BTC momentum could send shares back to retest
$12.40.
What I'm watching: Volume follow-through on any move through resistance and BTC's correlation holding steady.
Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to check out the link in my bio: @VolumeSpreadAnalysis
0 replies