$Riot Blockchain, Inc.(RIOT)$ We are screwed. Pre-market is down 6.11%, we need to see a broader bitcoint market rally to stop the bleeding. Coinbase is a IPO lackluster, despite ARK’s Cathie Wood getting in and swooping up about 1M shares. Buckle up. We may head to $32
$Riot Blockchain, Inc.(RIOT)$$Riot Blockchain, Inc.(RIOT)$$Riot Blockchain, Inc.(RIOT)$ We had a false breakout on Tuesday, which qualifies as a bull trap and then last night we had a bear trap. Classic. For the next few days leading to the end of April, we will continue to seee RIOT flatuate between $68 and $32, that is a wide range, unfortunately. It would be less volatile if it gets up and stays above $51/$52.
$Riot Blockchain, Inc.(RIOT)$ $48 is support. Let’s see how it ends today. It has to hold or all hell break lose - meaning the next support is $38, literally a $10 drop.
$Riot Blockchain, Inc.(RIOT)$ $48 support, $51.30 first resistance. Need to stay above $48 or all hell will break. In the meantime, Bitcoin is down, at $62,800 at the time of publish.