Riot Platforms, Inc.Short
Bears Salivating As Riot Blockchain Approaches Shorting Levels
The bitcoin craze is showing signs of quieting down (I hope). This instrument (Riot stock) is showing significant selling pressure. If I was trading it, I would consider shorting it on a break below the Red indicator line.
The custom support resistance indicator lines show decent places to enter or exit.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.
If your instrument closes below the Red line, we think about Shorting.
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter.
-Alex
The custom support resistance indicator lines show decent places to enter or exit.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.
If your instrument closes below the Red line, we think about Shorting.
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter.
-Alex
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Visit my financial blog & get alerts : masterchartstrading.com/blog
@mastercharts
Visit my financial blog & get alerts : masterchartstrading.com/blog
@mastercharts
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