RIOTD trade ideas
RIOT / 2hNASDAQ:RIOT worked 6.5% retracing up today, which may be considered as wave x upward.
There are differing formations that an entire correction may develop.
So, the short-term bearish case remains intact. And a decline of 20% is expected to follow soon.
The first Fib-retracement target >> 7.68
The next target >> 7.30
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT / 2hNASDAQ:RIOT continued to advance 5.2% today and exceeded the May high at 9.52
>> suggesting an alternative in which the rising leading diagonal may have been thoroughly corrected in an abc zigzag. But it did not reach the expected target.
Based on this alternate analysis, an impulsive third wave may have begun its way up.
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT: Should go down a bit more...RIOT has pulled back with quite a picture perfect 3 waves. But this may be only the first leg of the correction. BTC is also looking primed to take a dip towards 100k-95k area. If that happens, I would look RIO to come back towards the golden zone are and close the gap along the way. There is also a head and shoulders pattern that might play out. If price gets towards $7.2 area, that would be the true test of the bull market. Price needs to hold the $7.3 - $7.2 area and get a sharp reversal to provide any confidence for the wave 3 move up. All eyes will be on BTC and how the correction plays out there. If BTC is making a long-term top here, then RIOT will be in a lot of trouble. I will, however, start accumulating this dip in accordance to the wave count. I am going to wait a bit longer to see if price comes down a bit more. On the other hand, if this is the end of correction right here and both RIOT and BTC starts to take off, then just need to hold the nose and dive in. Money management will be key to success.
$RIOT / 2hThere is no change in my NASDAQ:RIOT 's analysis. The rising leading diagonal ended with an ending diagonal inside!!
Trend Analysis >> Respecting the wave structure of the leading diagonal in which the 5th wave has revealed an ending diagonal and decline by 12% since the May high, all quite well indicate that the anticipated correcting down should be a relatively deep retracement. And it will take the coming few weeks.
The first retracement target >> 7.68
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT: Can it break the down channel?Now is the pivotal moment for RIOT. This wave 3 needs to be strong enough to break through the two yearlong downward channel. Not only that, a full 5 waves sequence needs to complete after that to have the full confidence that RIOT is out of its rut. It will take a long time to reach the heights. But for now, we need to see price break above $13 and try to get towards $18. There will be resistance zones on the way, but not too much time can be spent to keep the momentum. BTC looks to have the tailwind it needs to start making new price discovery and that should help RIOT to get where it needs to go.
RIOT / 2hNASDAQ:RIOT has worked 5% retrace up today. It may be considered as the 4th wave of a possible diagonal, which would lead to further decline in a deep retracing down that should be underway.
Trend Analysis >> There is no change in my analysis in this frame, so far. Respecting the wave structure of the leading diagonal in which the 5th wave has revealed an ending diagonal and 17% continuous decline, all quite well indicate that the anticipated correction down should be a relatively deep retracement. And it will take just a few weeks.
The first Fib-retracement target >> 7.68
The next targets >> 7.30 >> 6.79
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT / 2hNASDAQ:RIOT continued to decline by 17% since the May high >> 9.52, as anticipated.
Trend Analysis >> Respecting the wave structure of the leading diagonal in which the 5th wave has revealed an ending diagonal and 17% continuous decline, all quite well indicate that the anticipated correcting down should be a relatively deep retracement. And it will take a few weeks ahead.
The first Fib-retracement target >> 7.68
The next targets >> 7.30 >> 6.79
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT - Market Predictive Analysis & ForecastingRIOT
Reversing from a lesser scale (VI), associated with predefined levels
- Eyeing two pivots from 9.587. First one at 7.9189, second at 7.1653; target at 6.4434 is the minimum low
- Lowest low belons to larger scale from 20.8157 to 6.1294-5.6764
Long term remains BULLISH
#RIOT
RIOT / 2hNASDAQ:RIOT continued to decline by 15% since the May high >> 9.52, as anticipated.
Trend Analysis >> Respecting the wave structure of the leading diagonal in which the 5th wave has revealed an ending diagonal and decline by 15% so far, all quite well indicate that the anticipated correcting down should be a relatively deep retracement. And it will take the coming few weeks.
The first retracement target >> 7.68
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT / 2hNASDAQ:RIOT
The rising leading diagonal quite well ended with an ending diagonal inside!!
Trend Analysis >> Considering the wave structure and closing the week with an 11% decline suggests that an expected relatively deep correction should have begun its way down toward the Fib-retracement levels. It will take a few coming weeks.
The first retracement target >> 7.68
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT: The Sleeper Trade to $130📈 RIOT to $130? The Bull Case Is Heating Up
RIOT Platforms is primed for a major breakout — multi-year triangle compression on the weekly, identical to its 2020 setup before a 35x move. We’re now approaching the 1:1 time Fib window (2021 top → 2022 bottom → 2023 echo high), the same cycle structure that triggered the last parabolic rally.
BTC at $111K, eyeing $160K. History says miners lag then explode. RIOT gained 35x in the last BTC breakout — this cycle could easily echo that with a $130 target (0.886, last cycle price hit the 0.786, prior to that, the 0.65 so the logical next target is the 0.886
Fundamentals are locked in:
⚡️ Hash rate: 33.7 EH/s
🧱 Producing 500+ BTC/month
🧮 Cost per BTC: ~$44K → profit margins >70% at $160K BTC
💰 Treasury: 19,000+ BTC (~$2B)
🏭 New Corsicana site online, scalable beyond 35 EH/s
Sentiment setup is explosive:
🔥 High short interest = squeeze fuel
🔁 Chart reclaiming macro trendline + coiled tight
🧠 Retail and institutional flows rotating into miners
Cycle symmetry. BTC tailwind. High-beta name with short squeeze potential. Riot’s $130 move is technically, fundamentally, and psychologically primed.
#RIOT #Bitcoin #BTC #CryptoMiners #Breakout #Compression #BullRun
RIOT / 2hNASDAQ:RIOT should have completed the leading diagonal pattern at the mid-May high >> 9.47, and holding the price under that this week. Also, it seems to have posed a further decline toward the Fib-retracement level of 0.618. The first target >> 7.28
Trend Analysis >> The Minuette degree trend should have turned downward. And it would likely be a relatively deep correction which takes a few weeks.
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT Compression Breakout to $10
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TradingView Summary – RIOT Platforms, Inc. (Ticker: RIOT)
Current Price: $8.82 | Timeframes: 1H / 4H / 1D
Bias: Bullish toward $9.90–$10.12 zone
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Trade Thesis:
The “RIOT Compression Breakout to $10” setup is based on multi-timeframe alignment showing bullish structure, fair value gap fills, and a coiled price pattern just beneath key resistance. RIOT has reclaimed a critical level ($8.80), suggesting a setup for breakout toward stacked liquidity between $9.90 and $10.12.
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Technical Justification:
1H / 4H:
• Filled FVGs between $8.60–$9.11 suggest recent accumulation.
• Bullish Order Blocks provide layered support from recent demand.
• Compression below resistance ($9.11) indicates a pressure build toward breakout.
• Volume Clusters show declining sell-side volume as price holds above $8.80.
1D (Macro Context):
• Daily uptrend with higher lows and bullish candle structure.
• Reclaim of $8.80 confirms prior resistance flipped to support.
• Clear breakout targets at $9.90 (liquidity) and $10.12 (imbalance fill).
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Key Levels:
Type Price
Entry Support $8.80
Pivot Breakout $9.11
Target 1 $9.90
Target 2 $10.12
Invalidation < $8.50
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Trade Logic:
Hold above $8.80 confirms bullish bias. Break and close above $9.11 on volume opens the path toward $9.90–$10.12. Failure to hold above $8.50 invalidates the setup.
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Disclaimer: Not financial or legal advice. For educational purposes only. Conduct your own due diligence before investing.
RIOT / 2hNASDAQ:RIOT reached both diagonals' lower boundary line, as expected in my prior analysis.
The ending diagonal inside the leading diagonal remains in a very late stage. An ultimate advance of 8% lies ahead. It would be before the following deep correction towards the Fib-retracement levels >> 7.19 >> 6.74, as illustrated in the chart above.
Wave Analysis >> The diagonal wave v can not exceed 9.70 because the length of wave v can not be longer than wave iii, which can not be the shortest upward in the 5-wave sequence.
The Ultimate Target >> 9.70
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT / 2hNASDAQ:RIOT continued to advance 5% today, suggesting that an analysis that considers an ending diagonal as wave v inside the leading diagonal in which the last subdivision has remained in the late stage should be respected.
Wave Analysis >> The diagonal wave v can not arise beyond 9.70 because the length of wave v can not be longer than wave iii, which can not be the shortest wave upward in a 5-wave sequence.
The Ultimate Target >> 9.70
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT: Not really keeping up with Bitcoin.While BTC is pushing into January highs, RIOT and other miners are still far off from their respective January tops. RIOT had a fine move off the April lows but May started to get choppy. It is not a good sign if Miners are hitting a wall while BTC is ripping. So, at this point the best bullish case for RIOT is a leading diagonal structure. Right now, BTC, NDX etc. are looking to coming up on a local top. RIOT should also see a little bit higher price and then get ready for a correction. This is when the true test of bull market will take place. Both BTC and RIOT should form some kind of an inverted head and shoulders pattern. In that case the correction should last for a couple of weeks to a month or so and create a higher low. We do not want to see RIOT dipping below $6.96. I am out in the sidelines at the moment. I will start to buy in again at around $7.9- $7.5 support area. Hopefully the gap close and then ready to rip. If price is in fact on wave 3, then the move up should be in clean 5 waves up, 3 down formation and with very strong impulse. Initial targets will be a test of the top side of the channel. Below $6.96, things will start to fall apart for bullish story.
RIOT / 4hNASDAQ:RIOT has risen well with a leading diagonal, which developed since the mid-April low at 6.19.
After an expected 4.14% advance today, expect now to continue to rise >> just 7% tomorrow. And it would be prior to the correction of the rising tide diagonal.
Target >> 9.72
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
Double bottom and Demand on RIOT! OptionsMastery:
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