RIOTD trade ideas
RIOT will drop before ripping higherRIOT will drop before ripping higher.
if you like crypto mining stock check out MARA they are in it to and has had the same price action.
I want to pick up more at 3.50 before going to $10
Ready up for earings!Wasnt sure about this chart last week but looks more promising now pre earnings. Wouldnt be surprised going $4 by 8/13 ...we see. $3 strike be good position!
Please Like if Agree or leave opinion in comments. Thanks!
RIOT Bullish FlagRIOt just broke out of the flag pattern. Expect a retest of structure before going higher.
Bitcoin Mining Company // Bitcoin Pairs TradeInteresting BB activity. A Bitcoin Mining Stock & BTC must be correlated when both trade in and out of USD.
$RIOTThis finance conglomerate has the essence of the future, a famous painter once said,"the one who owns the future, is the one who builds it today." Aside from this business venture of having crypto flow into this space of the stock market is one of few. With financials & technical analysis you can see the resistance that was being held until the breakout of a consolidation, where we have support as well as a strong Fibonacci level playing accordingly.
Buy before Aug 7 earningsBuy before Aug 7 earnings the last two earnings were good but mainly it is the interest in BTC that is driving the price - who knows the ASIC chip and mining companies will explode in 2021. So you have all year to buy the dips. I hope you got in on this spring swing up from March Lows
RIOT Falling Wedge - Possible BreakoutWEEKLY PRICE CHART - PRICE ACTION BEFORE AND AFTER BITCOIN HALVING 2016/2020
As we can see from the chart there is a falling wedge forming from around mid 2018. In the near future in going to breakout and have the most possibilities to breakout on the upside following the post-halving bitcoin price action in the mid and long term that is definitely bullish.
CHART
- The blue marks, signs the main resistance/support levels in the pre-halving price action.
- The orange vertical lines are the dates of the bitcoin halving at 2016 and 2020.
SCENARIOS
1. The falling wedge is most possible generally to breakout to the upside. In the short term is gonna break, it is near the end.
2. The bitcoin halving is one day and of course in the short term there is a lot of sellouts and dumps that is logical but in the short and long term is always bullish.
3.This company is so close related to the bitcoin price and it out of the few company listed on NASDAQ that working with blockchain space.
So i think i the mid and long term is gonna be bullish.
This is just my opinion, its not an financial or trading advice. Each person must do its own research before investing in the market.
riot rising channelu can also draw it like this in more of a channel. hopefully wel see another swing high and maybe even break it to the upside
Riot- possible price targets for Bitcoin breakout When analyzing crypto or crypto stocks I think it is important to look at resistance flip support and vice versa. I just drew some trend lines on the linear chart. Price targets are 1.80 and 2.80. It all depends on Bitcoin. Use it as a guide.
RIOT long for future of BTC Personal opinion only, please follow me. Also I’ve been long time fan of RIOT management they been there long time. It started seeming similar to Ponzi scheme until the lawsuit said they had around 20M in assets and that was phenomenal because it was like a government sponsored external audit.
RIOT is not a $2 plus stock but it’s a $1+ stock. When it’s below 1.00 it’s a great buy.
Similar stock being Canaan maker of Avalon miners.
RIOT about to break within 3-4daysHello everyone, this is my first analysis of RIOT,
I'm not an experience trader, but i want to share you my idea.
Based on my analysis prediction, from the photo i believe that we are about to have a bull run after a breakout that should happen within 3-days from now.
Get in around $1.32-1.42, cause this is currently our main support.
>>first resistance lvl is $1.55,
>>and 2nd resist lvl is $1.64.
I could be wrong, but feel free to comment your suggestions.
Thanks,
AznMessiah
quiet riot? bitcoRnwith iran attacking usa . bitcoin should start pumping. with that being said riot can get a huge squeeze going.
riot breaks $2 it can get really fun
short term target $6
Ready to turn a corner?After being faked out a few times on the way down (as is typical of this stock) the charts seem to be revealing a possible direction.This looks like it could very well be ready to rally. As you can see, there seems to be a pretty well defined triangle that looks to be morphing into a bullish channel. If we take a look we can see that a firm looking double bottom has developed along with a 5 to 6 month diversion between price and RSI. There is also a fledgeling MACD bull cross taking place at the same time. Not too sure about an initial target but somewhere above the the 200 ma is not out of the question IMHO. Note there are open gaps up to the $3.50 area. Good luck!
RIOT [NASD] Riot Blockchain long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
$SPY im so pumped for this one. finally all the way in. even hunted down stale algo options for like 5 bucks in the 2020s.
siiiiick.
