The RIOT (Riot Blockchain Inc.) Active Long Swing Trade idea has triggered the next buy signal/objective entry or add-on to an existing position on today’s impulsive breakout above the 1.50 resistance level, where the stock has been consolidating below since hitting that first price target for a quick 9% profit back on Jan 14th, just 2 trading days after entering the trade at 1.38. Based upon further review of the charts, with continued bullish price action in both Bitcoin & RIOT, the 2nd target will be revised from 1.74 to 1.78 with a third target added at 2.37 (T3). Previous & updated daily charts below. Click first chart to expand. Once expanded, charts can be panned & zoomed for additional detail.
GBTC (Bitcoin Trust) has taken out the 12.23ish resistance level on above-average volume so far today while a solid daily close above that level would help to firm up the case for more upside in the coming days to weeks.