I Predict A RIOT
Updated
Riot Platforms 
RIOT
- Above 200 day SMA & sloping upwards
- Ascending parallel price channel .
- Break of OBV resistance levels have been positive
- We have just broken above the Feb 2021 OBV high
New entries into this trade would be better waiting for a re-test of the bottom of the channel with a stop placed beneath it.
As we are breaking out of the OBV high, you could enter a trade here but with a tight stop loss at $18.30. Probably not worth it IMO. Better to wait or look at the other smaller miners.
I previously covered CIPHER Mining
CIFR and Marathon Digital Holdings 
MARA both of which at similar junctures, however CIPHER has had major developments of recent and could rise up to it next resistance at $9.60 fairly quickly over a few months (an 80% + move).
You'll find these charts in my trading view link in my bio. I also cover some fundamentals on Trading view also. They are also in my feed hereunder.
Play it safe
PUKA
RIOT- Above 200 day SMA & sloping upwards
- Ascending parallel price channel .
- Break of OBV resistance levels have been positive
- We have just broken above the Feb 2021 OBV high
New entries into this trade would be better waiting for a re-test of the bottom of the channel with a stop placed beneath it.
As we are breaking out of the OBV high, you could enter a trade here but with a tight stop loss at $18.30. Probably not worth it IMO. Better to wait or look at the other smaller miners.
I previously covered CIPHER Mining
CIFR and Marathon Digital Holdings MARA both of which at similar junctures, however CIPHER has had major developments of recent and could rise up to it next resistance at $9.60 fairly quickly over a few months (an 80% + move). You'll find these charts in my trading view link in my bio. I also cover some fundamentals on Trading view also. They are also in my feed hereunder.
Play it safe
PUKA
Comment
Almost at the bottom of the channelComment
200 Day SMA can provide a good trading opportunity. You can enter after a bounce off it, and place your stop a $1 under or whatever risk tolerance you are ok with.
I personally like to watch for a bounce and confirmation with weekly close confirmed above 200day.
Regardless of all of the above after this correction an entry at or slightly above the 200 day is a lot less risky than were were just a few weeks ago.
PUKA
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