Bullish pennant for RIOT - Target $26 if acceptedFirst post here.
Support showing around $17. If the price moves fast enough, it could close $26 today.
Feel free to share your thoughts.
RIOT
Bitcoin and the stocks influenced by Bitcoin priceI have made this comparison multiple times, if you not investing in Bitcoin and jut trade it for some profit , just look at these stocks which gains far more by every + day in Bitcoin ..!
Riot is likely to go upRiot has created a pretty good support and resistance level shown in the chart with red and green lines, so it might go up now.
Do your own analysis.
Every Decade you get one.While everyone is chasing the "next thing" or focussing on short squeezes and pump and dumps... Quietly BNGO has emerged from the depths of penny land. While analysts will attempt to scare you out of this stock by touting a 1000%+ run, and touting it as a penny stock similar to ZOM, a look a little closer reveals the company is just retouching its IPO price from two years ago. This is far from a P&D or a GME Short Squeeze hype play (I am all for the GME play, F' Citron) instead this is a new monetization play with some of the smartest Scientists on earth backing it. Stop and think for a second... Why am I chasing a crowded EV play, its TSLA or nothing, why am I chasing a mature e-commerce play like ETSY or Amazon, why am I chasing a MJ play in a foggy market, why am I chasing a mature fin-tech play, why am I chasing a SPAC above $12. If you are looking for true growth you must search for a market that has yet to be monetized. For the next decade the monetization of the human genome will be the largest growth play on earth. I think we have a winner. It's time to yell BINGO! Sale your car, house, child, sale your body, kidney almost anything you can to buy more shares of this. The moon is imminent. ST PT $25 by March 2021. LT PT $415 by March 2023. FANG will go BANG!
OSTK Break out Long IdeaOSTK, looks to be breaking out of a wedge pattern. These are usually bullish.
RIOT Swing TradeBullish play, 90 shares, may continue back up to retest.
Max loss is $22, bought at 22.99.
We'll see how it pans out. Plan to sell on Friday.
SPY seems to be breaking out too.
MARA - Still Hodling / FlaggingKeeping this short and sweet. Watch the fib levels and watch for a break up and out of the flag.
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
RIOT 1/18 Trade Idea and ProjectionsRIOT sympathy play with BTC
BTC:
Bull flag (symmetrical wedge) on Daily
Reversal price action respecting bottom trendline (2 wicks w/ small bodies)
20 SMA coming up for support
$1.9T stimulus packet proposal, decreasing USD
RIOT:
Bull KL's: PLOD, PHOD, 22.50, 24.00, 25.00, 25.50
PT: 26.50, 27.70, 29.30
Long term PT: 33.30, 46.30
Price action projection: gap up, flush, strong morning momentum, 50% retracement, sideways price action. Looking for continued momentum if btc breaks flag with volume
RIOT - Small Dip Before Continuing UptrendI think RIOT needs to correct a little before it can continue rising within the formed trend channel on the daily charts.
RSI still looks overbought.
This stock obviously reacts to BTC Price movements, but it's sometimes delayed.
Short term dip, with an entry price target of about $21.40, then long from there, given bitcoin continues it's bull run.
If there's a major move in next few days for BTC, expect this stock to run up again.
MY TOP 10 ANALYSIS IN THE LAST 3 MONTHS VS SPX,NDX,DJII would like to invite my followers and all other users on Tradingview who did a trade base on my analysis in the last 3 months to write a comment about their experience.
While major 3 indexes gained 7.5 to 12.5 % in the last 3 months, I had two 4 digits, many 3 digits, and lots of + 50% analysis.
Keep it on your mind that I made the call to buy:
MARA @ 2.37
RIOT @ 3.43
BNGO @ 0.54
CHEK @ 0.36
CAN @ 2.60
PLUG @ 15.47
IDEX @ 1.54
GEVO @ 3.70
SYN @ 0.38
FCEL @ 5.36
Please write what you think in the comment.
dont know long term but short term i see dipstruggling to cross 41k. want to see how tomorrow it closes. Weekly RSO already at 95+. Daily at 88+. Pump and dump coming
almost getting ready to sell offBTC way high. Near term i see sell off in BTC. This has to melt down lit bit here. At least to 20 level
$RIOT | I predict a riot. Target $70 by June?NASDAQ:RIOT
Riding the Bitcoin wave. RIOT blockchain looking to approach some key levels. A break of the most recent high will confirm quite a nice uptrend and continued break out. Quite nice for some June calls
$DIGAF Following Breakout Pattern as $BTC $BTC.X Rises PT .25+$DIGAF May just release its payment service provider very soon. It may be PayPal for all we know. That will be what really blows this out of the water. There may also be an NDA to protect the client. In addition they may be in the middle of purchasing more cryptocurrency exchange platforms to incorporate their Securiter protocol technology for crypto market transactions in South America. No wonder it’s so quiet!!! I’m patience for the fireworks remember this did almost 800% on updates in December.
CRYPTOSTOCKERS IIAnother batch of Crypto Stockers...
Remeber..They chase bitcoin and bitcoin chases them..be always behind the trend.
Enjoy!
TRADING CRYPTO STOCKSThe great thign about all of this crypto stocks is that they follow bitcoin..DAHHH!
The simple chart ilustrates it
1 itis imperative that you keep a pulse on bitcoin and the stock share Dilution not to be trading against the wave. As there has been and will be regular offerings....
2 Profit taking its mean here and stop loss cascades are common.
3 Always be aware of the bitcoin support and resistance levels as well as time waves.
4 Be on the lookout for institutional buying and selling and follow their cicles.
5 Be ready to react imediatly to divergence arising from bitcoin and the market in which the stock trades.
6 BEGINERS DONT SHORT!!
Good Luck!
$OSTK bulls need to be patient - buy level is at $39-$41$OSTK bulls need to be patient - buy level is at $39-$41
MARA - Significant Level Here - Watch for reactionMARA - Significant Level Here - Watch for reaction
I hodl shares from 2.27, shaved 20% off at 12.05 to lock in gains. Playing options as well. Just sold 19MAR21 20 @3.20/ BOT 15JAN 21 7 P @.05. Will keep playing add/subtract for the foreseeable future.
MARA @.786fib. Mid regression channel meets top of downtrend.
Looking for 16 - 17 if it can break up and out.
BTC set up as well. Trying to Run.
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Riot Bitcoin dynamic duoOk so I’ve been looking at the chart and there seems to be a correlation to riots price and Bitcoin, are we expecting to look at a $20 price target for riot on the market this week since Bitcoin is at it’s ath at 33,000. Also does anyone think their will be a massive 40-60% Bitcoin sell off that could cause riot to also come crashing down?
