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Riotblockchain

Possible good entry point for GREE $GREE went through a merger with $SPRT. The merger was an absolute nightmare for holders of $SPRT. They were not given the appropriate number of shares of $GREE relative to the price of the old ticker $SPRT. Not only did they see a -50% loss the stock fell from ~50$ ipo price to where it is today ~$22-$23. Now for some possibly good news. It does look like $GREE has found support in the low 20 dollar range. In my own opinion, I can see this stock starting to climb back up because they mine bitcoin. bitcoin hit a new ath and appears to be on its way past 70k in the near future. So because you $GREE mines bitcoin their price is very heavily related to the price of $BTC. How does this stock's Hash rate (basically the amount of bitcoin they can mine) relate to their peers. Well NASDAQ:RIOT hash rate is 2.3 EH/s they have a market cap ~3billon. NASDAQ:MARA has a hash rate of 1.9EH/s and a market cap of ~5 billion. NASDAQ:HUT has a hashrate of 1.3 EH/s and a market cap of ~2 billion. So $GREE has a market cap of ~900 millon and a hashrate of 1.0 EH/s. It is pretty simple too see that they are undervalued relative to their peers. I am long on NASDAQ:GREE myself and am optimistic for what the future holds for them and bitcoin.
NASDAQ:GREELong
by igcollinmcdev
GOOD OPPORTUNITY ON RIOT IN THE SHORT TERMRiot Blockchain, Inc. is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States. This asset is directly related to the Bitcoin price trend. At the same time, it offers less risk than the cryptocurrency market. The trend seems to want to reverse its trend in the short term. Great scenario for different investment strategies. Operations with different interesting risk-return ratios.
NASDAQ:RIOTLong
by UnknownUnicorn25541012
After Big Push Up and Earnings Inflation, Time to Sell RIOT?In institutionalized markets, we often see patterns of up and down, up and down, verses more free markets, in which we see large bull trends followed by disastrous bear trends for some. The more popular the asset, the more swings we often see, as people play a tug of war to win Bull or Bear. As you can see in this long-term Daily Chart, RIOT has had two weeks of a solid uptrend, followed by slight sell-off, and consolidation near the top. The bottom lies around the golden figure of $22 USD. In the shorter-term to medium-term charts, I see little room to move up on the top, with Bitcoin once again reaching resistance at $41,000, and massive downside potential. For the monthly chart, we are at a monthly high. Warren Buffet would recommend to sell the overbought monthly high for a weekly profit. Technical indicators show we are overbought, and due for a slight-to-moderate correction. For the yearly, we are still in a downtrend for both RIOT and BTC, with highs far, far away. The push up in RIOT is likely due to its earnings coming out in two days. Days before earnings arrive, the stock anticipates positive or negative earnings, and rises unexpectedly. Most of the price action commonly occurs before, not after earnings come out. Don't buy the hype. Markets feel ebullient, with SPY at all time highs, making a 38% gain in 1 year, but much of the country is truthfully in a depression. Banks just lowered interest rates again, making savings accounts useless. Many other modern countries having savings with a rate of 8%, more than the typical gain per stock market year. US will have a harder and harder time existing on trillions of debt and even Bitcoin and cryptocurrencies can't save the monster of debt US is lugging around behind its warguns. For myself, I'd rather sell resistance, and buy major support. Ask yourself, too: what is a bit of coin? What is a bit of money to you? A bit of coin to Bank of America is $10 for quarters. That is the maximum amount of coin they will give you. Now think about a billionaire's motive: what is a bit of coin to him? This man has never had to live paycheck to paycheck, does not know the real value of money. To a billionaire, a bit of coin is $100,000. To a multi-millionaire, they often spend $50,000/month on housing and other expenses. At least, that's what I've seen with my own eyes, with real people millionaires. If Bitcoin continues to go up, its ultimate DARK SIDE comes out. It will have the capacity to inflate all assets. In my city, food prices have doubled in many restaurants since BTC reached 60k. Apartment prices have gone up at least 10%. Many people want higher Bitcoin, but it may destroy USA. USA is known for little inflation and fair prices to be united. You have to be a citizen first, and Gordon Gecko of greed second. Reminder: Always do your own analysis.
NASDAQ:RIOTShort
by Grandmaster76
2
RIOT BLOCKCHAIN A LEADING INDICATOR FOR BTCAs I've pointed out in the chart, every major move that has occurred in BTC has come on the back end of a RIOT Blockchain move. The 2 are obviously correlated, and picking through the price history dating back to the major dump of 2018, I've noticed RIOT always goes first, whether it be up or down. This has happened perfectly in sync since RIOT has actually started mining BTC. Currently, RIOT has already started a bullish breakout and is up about 67% since the local low. BTC on the other hand is only up about 28% from it's local low. RIOT will be very important to pay attention to going forward, as they have a large amount of their shares owned by institutions, as well as close to 2% ownership of the BTC hashrate coming soon. Just wanted to point this out! Always good to find an edge somewhere ;) - CA$HLESS
NASDAQ:RIOTLong
by CASHLESSSOCYS
1
$RIOT might be breaking out of its downtrend.....If you look at the weekly trend on Riot Blockchain it may be breaking out of this down channel that has been highlighted on the chart. Look for the price to rebound around 38 and 40 dollars level and find a bull position to ride it up. There are alot of plays you could do with this price movement. You could buy the stock, you could buy a leap, you could buy a spread, you could sell a put credit spread. Based on your level of risk and your zeal for reward you can figure out what works best. Try to include indicators that are useful like the MACD and the RSI ....Later I can discuss the other indicators that are on the chart . But put this one on your watchlist.
NASDAQ:RIOTLong
by rahimdavis
RIOT Swing Trade 5/27/2021Look at day chart and week chart, consolidation on the 200 SMA for the day chart and major break out above 9 SMA. Bearish doji and morning star on week chart, also a break in the 27.50 resistance. Price is going to be heavily based on the price of BTC. BTC broke 9 SMA on the daily and nearing break on the 200 SMA, with a MACD flip and a RSI coming back from 30. Double bottom on BTC with higher lows, broke 40k resistance. Great trade! This is not financial advice, I am not advocating the buying or selling of RIOT stock.
NASDAQ:RIOTLong
by kediguy
We Have Not Reached the Bottom YetThough cryptocurrency as a whole and its related stocks like MARA and RIOT have been declining by almost 11-15% a day recently, the bottom has not yet been found. Farther we dive, searching towards the end of May for low levels with more support. As you can see, there is strong resistance ahead with the red line marking each one in time. When a stock is this bearish, it is necessary to find a real bottom, the lowest absolute price and consolidation before an uptrend, before ever investing in it again. If I was holding, I'd keep holding. As it is, I'm not yet ready to buy this stock. I'd like to see it fall further, to pre-hype and inflated levels. The new price target has fallen from $95 to $55. That's like a 50% cut! This could go down to $15... Good to take into consideration for the time being. Best of luck and loving peace to all.
NASDAQ:RIOT
by Grandmaster76
RIOT BUY/LONG BIG OPPORTUNITY! 15 to 97 by end 2021! TICKER CODE: RIOT Company Name: Riot Blockchain, Inc. Industry: Technology | Software - Application | USA Position Proposed: BUY Technical Analysis 1. Flag Pattern (Forming) 2. Fibonacci Retracement at 0.786 ( Silver Zone) 3. 1st Partial Take Profit will be at Fibonacci Expansion Safe Take Profit, Flagpole Length and somewhere near Key Structure Level (Very likely for price rejection/Pullback) 4. 2nd Partial Take Profit would be somewhere near the Next Key Structure Level (The Market will very likely reach this point before having a major rejection again) Entry: NOW READY (15.00-26.00) - The Market could fall below 26.00 again but very unlikely 1st Partial Take Profit: 97.00 (October - End 2021) 2nd Partial Take Profit: 2.95 (End 2021) 3rd Take Profi: 3.75 (Mid-End 2022) Note that in the Monthly chart timeframe the market is creating a large inverted Head & Shoulders, as such I will still hold some of this stock on hand. Should the market break beyond 145, the next take profit will be at roughly 200-250 price range.
NASDAQ:RIOTLong
by traderprosignals
2
RIOT - GETTING READY FOR A RALLYRIOT has been beaten down pretty bad and had a pullback as far as 33.30 area which was a -58% pullback! There's a major support at the 34.20 level which would've been a perfect entry but I think there's more room for this to move. We are also forming a ttm squeeze on the 4hr and it looks like it's setting up the same way it did when it had a pullback back in March 9th. It's hard to time a perfect entry but I think this is a good starter position in this level having that we've identified a good support level which can identify the risk and I've set targets for taking profit. A couple catalyst to watch out for: - April 28th-29th: Pres. Biden + Fed Chair. Powell speaking regarding the fed reserve policy as well as a follow up to the capital gain tax. - May 17th: ER Contract Suggestions: RIOT 5/21 55C @ 1.57 or RIOT 5/21 60C @ 1.07 Average down areas: - $39 (gap fill area) - $34 (major support) Stop loss: Below 33.50 NASDAQ:RIOT
NASDAQ:RIOTLong
by Ross-Santos
My outlook now is neutralI've been following RIOT for a few months now. Initially it was moving hand in hand as BTC did, but it broke away from that and went off on its own. Its really just trading in a range now with some influence of what BTC is doing. One thing that I've noticed on this company compared to others is they put out very little info in the way of news. We only really see how many miners they've purchased and when they are being deployed. Not much other info. Sure I can understand with a company that only has a handful of employees they likely dont care very much about what people buying the stock think over what their day to day duties are. I think that is hurting them. Even MARA is putting news out or getting on video and discussing topics. It gives at least some legitimacy to their operation. Going forward it seems like the best move is to just trade the zones, long below $50 and start thinking about shorting when it gets to $60 or even just close your longs out and wait for the pullback. Until this gets back above $67, I dont think we have much to work with in the way of upward value for the time being. MARA which was much lower than RIOT did actually catch up in price this week too. So both of these things are really only moving because hype vs actual value. You can of course trade either but it seems like the hype has backed off on this one. Now if you are trading this for exposure to BTC until we of course get an ETF for it, you are better served by getting GBTC for buying shares or MSTR for shares/options. Keep in mind the options on MSTR are low volume and very wide bid/ask spreads, however extremely juicy premium if you like selling Theta.
NASDAQ:RIOT
by Rikity
RIOT to rage harder than a Portland protest? We'll soon see!Alright everyone, listen up. Let me preface this by saying one thing - I have absolutely no idea what I'm talking about. But if I've learned one thing so far it's that I need to make the TA work for me. Know what I mean? So let's get jiggy with it. First of all, let's observe: DAILY Now there's a lot going on here, so let me make this real simple for you, and let's go top to bottom. Top orange line = BTC price. Why do we care? Because, this is RIOT blockchain, ya dingus. BTC is ripping and that's a pre-requisite for a good time over at RIOT. Yellow angled line - I drew this bad boy. Why? Because, I liked the way it looked. I like drawing lines to confirm my own bias, we'll see if she breaks through and does a little bounce, or if it zings through so fast we miss our shot altogether. (And probably chase for a loss) See all those curvy colored lines? They're all EMA's. Here's the thing - does it matter which one is which? RIOT is on top of all of them, we like that. Volume was looking spicy today, and I like that little volume average curling up. Now, please, observe with the addition of MACD and RSI indicators: First off, I don't know what these indicators mean. MACD has something to do with momentum, I don't really care all I know is I like that blue is about to slip past orange and that little red guy is looking like he's gassed and ready to pass the ball to the green team. RSI has something to do with volume, I don't know, all I know is when it's over that 70 it could get gassed quicker than Connor McGregor past 3 rounds. That said, there's some room to rock here and she's primed and ready by my estimation. SO NOW WHAT? Well, I have no idea. All I know is it's too easy to over think, so I'm not going to. I found some spots on the 2 hour that look like some soft resistances, maybe we'll rip through tomorrow or the next couple days, or maybe we'll reject. What I do know folks is that we're currently in the zoom zoom zone. What's the zoom zoom zone??? Well, the zoom zoom zone is the zone at which the ticker has less traveled. There hasn't been much activity in this region, so we're likely to be extra spicy if the volume is there. Price moves quick in the zoom zoom zone. Feast your eyes: See those bars on the right? Something about volume in that price zone. Once it gets shallow with some volume these babies peel rubber. Don't take my word for it, use the dang thing, ya turkey. Anyways, if it starts ripping towards 65 tomorrow don't say I didn't tell you so. Also I drew another line at the bottom because the only thing better than a trend line is 2 that form a triangle. Sometimes when stuff breaks out good things happen (or bad, keep your putties handy.) If BTC rips overnight chances are we'll see some action here, some support on these levels, who knows. All I know is, I like the stock.
NASDAQ:RIOTLong
by korbinperry
4