RIOT - short position on 1h time frame

29 ต.ค.

hi traders

let's have a look at RIOT on 1h time frame.
The price is at the upsloping resistance of the channel.
This short position on RIOT is based on a bearish divergence with the RSI. Enter short at the resistance now.
Take profit/ target: at the horizontal support (orange line),
stop loss: 10,75.