−0.420 USD
97.17 M USD
334.55 M USD
About Riot Platforms, Inc.
Sector
Industry
CEO
Jason Les
Website
Headquarters
Castle Rock
Founded
2000
ISIN
AR0375251839
FIGI
BBG01MDJW543
Riot Platforms, Inc. is a bitcoin mining company, which engages in the provision of special cryptocurrency mining computers. It invests in Verady, Coinsquare, and Tess. It operates through the Bitcoin Mining and Engineering segments. The Bitcoin Mining segment focuses on maximizing ability to successfully mine Bitcoin by growing hash rate. The Engineering segment designs and manufactures power distribution equipment and custom engineered electrical products that provides them the ability to vertically integrate many of the critical electrical components and engineering service. The company was founded on July 24, 2000 and is headquartered in Castle Rock, CO.
Related stocks
RIOT / 3hAs illustrated on the 3-hour chart above, NASDAQ:RIOT appears to be extending the third wave of an impulsive advance within Minor degree wave 3.
And as anticipated, a sideways correction is unfolding as the fourth wave of the ongoing extension in Minuette degree wave (iii).
Fib Extension Targets
$RIOT Targets hitNASDAQ:RIOT has hit my take profit target at the High Volume Node and R3 daily pivot where it has found resistance.
Wave III appears to be complete with wave IV expected targets being the 0.382-0.5 Fibonacci retracement, also the daily pivot point and ascending daily 200EMA, $10.24.
Analysis is
RIOT Platforms, Inc. ($RIOT) – Price Decision Point Near: $17 Br
📆 Timeframe: Daily (1D)
📈 Current Price: ~$13.56
🪙 Key Correlation: Moves in strong tandem with Bitcoin ( CRYPTOCAP:BTC )
⸻
🔧 Chart Analysis Summary
NASDAQ:RIOT has approached a major confluence zone just below $14.06, where several resistance levels, order blocks, and fair value gaps converg
RIOT: Sideways is goodRIOT has broken above a very important downward channel dating back July of 2023. It is imperative that RIOT stays above the channel. The sideways consolidation while BTC and the crypto market corrects is a pretty good sign. Next week might be more of the same, maybe a bit more down to gain the mome
RIOT / 3hThere is no specific change in my NASDAQ:RIOT 's analysis. The wave iii(circled) of Minor degree wave 3 should have ended at 15.34.
Now, a following correction in the 4th wave of Minor degree wave 3 may have started to develop sideways. And it might take just a couple of weeks.
NASDAQ:RIOT CRY
RIOT / 3hThere is no change in the NASDAQ:RIOT 's trend analysis.
Wave Analysis >> As illustrated in the 3h-frame above, NASDAQ:RIOT may have completed the 3rd wave of the ongoing Minor degree wave 3 at 13.64, its correction in wave iv (circled) is likely in progress sideways.
#CryptoStocks #RIOT #BTC
$RIOT Hit The Target Whats Next?NASDAQ:RIOT hit the descending orange resistance were I took partial take profits on my trade this week and it was immediately rejected as expected.
Price is now above the weekly pivot so that is the next support. This level also matches the weekly 200EMA.
Wave (II) hit the 'alt-coin' golden pock
$RIOT Continues to Follow PathNASDAQ:RIOT Is sticking closely to the plan testing the bottom and top of the channel multiple times.
Price closing above the weekly 200EMA and weekly pivot Friday will be a very bullish signal. As we have over 4 tests of the upper boundary resistance there is a high probability we break through a
See all ideas
Curated watchlists where RIOTC is featured.