Like Cryptocurrencies? Check out the Price Action in this Bitcoin Mining Stock

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Bitcoin miner Riot Blockchain has been skidding lower since February, but now it could be ready to move again.

The main feature on its chart is its jump above the 50-day moving average on July 26. It’s formed a tight consolidation pattern above the line since. The current action differs from a moment like early July, when …

For more, please click here to view the related idea and chart analysis on TradingView.

Riot Blockchain (RIOT), daily chart with selected patterns, courtesy of TradingView.
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