$RIOT earnings report today after the close. They rarely release anything that shocks the market, so not expecting anything announced that leads to an immediate drastic move. Still expect the catalyst for the move out of the channel to the upside to be the next leg up for BTC.
$RIOT Followed COIN step for step in a bloodbath today. Definitely would have loved to see this break up immediately, but doesn’t change my outlook for Jan. We’ve seen this type of a rejection before after a breakout - followed by a major move up a week later (look at Nov last year after earnings). Still believe this is just a bear trap and anywhere within the channel is a solid spot to add.
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