I've been sitting on the sidelines, thought $40 was a good buy point and got back in some. Went down to $34, looks like that zone bottoms at $33. If it breaks below that level who knows where the bottom is, $27, $21 then $14 worst case scenario. We do have to consider market conditions on this selloff, its a bloodbath out there right now. I'm long RIOT from here, I think its oversold at this level.
Kommentar:
Finished the day back up to $40 - so 2 things today. The $34/33 zone is finding buyers so it looks like we have an actual support area now. It went back up above $40 and closed back at it. For now thats a good balance. I'm bullish at this number still