Bitcoin and RIOT are both setting up for tradable Buy Signals in the days ahead. BTC - New Buy Pending Bitcoin needs a strong enough day to generate a Trend Model Buy, while at the same time getting back into the Intermediate Term upward trending trend channel. This action would reverse the Sell from Apr 21st. With an all clear on Bitcoin, we can focus on RIOT and its underlying calls. RIOT - Intermediate Term We are waiting on a fresh Trend Model Buy Signal (a new blue up arrow) to enter calls, strike and price to be determined (see Sep 15th table below). The previous Trend Model Buy was on January 9th @ 4.89, taking RIOT as high as 14.83 on Apr 18th. A similar percentage move from current price targets $30+ by late summer. RIOT's all time high was $79.50 in Feb 2021. RIOT Sep 15 Calls - Out-of-the-money RIOT Long Term Summary New Trend Model buys are needed in both BTC and RIOT to trigger a new trade in RIOT calls.
