RIOTD trade ideas
RIOT heading higherLooking at the daily timeframe we can see, that the price has made a brekout above the previous support/resistance line, and more recently made a smaller pullback back to this line. As the stock does not look like it is overbought to us, we do expect another bounce from this line to the bullish side.
The four hour chart does not provide us with any aditional information. We still believe, that a bullish bounce from the before mentioned support/resistance line should be expected.
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RIOT - at a tipping point?RIOT, one of the few crypto plays available through NASDAQ. Options trading too.
Looking at the Martin trend, you can see RIOT turned bearish late last week following the news of Bitcoin/Tether fraud. (Old story)
Stoch and RSI both say buy but our momentum indicators say sell.
I bought some $5.50 and $5.00 RIOT puts last week that are already in the money. But it might not be a bad idea to snag some $5.50 calls expiring this week if they can be had cheap.
$RIOT Breakout very possible if Bitcoin can continue the climb.This is a pure Bitcoin related watchlist stock for us, RIOT has built a nice base in the past year and is now sitting at resistance, we will go long on a break and expect great volatility, nimble trading required for sure, short on any weakness in BTC.
RIOT SODE Research Analysis Bitcoin/Blockchain StocksAs Bitcoin's sudden rally higher captures the world's attention, it is not only cryptocurrency investment that is racing in an upward trend. Any company associated with BTC is experiencing a green day, and naturally, RIOT Blockchain and Social Detention Inc. (SODE) are no exception. As BTC continues to inch upwards back to last years highs, These two companies, RIOT and SODE, are going to be making headlines over the next couple of weeks.
Latest News
RIOT Blockchain: Thinking about buying stock in Aurora Cannabis Inc., Advanced Micro Devices, Aveo Pharmaceuticals, Dave & Buster's, or Riot Blockchain Inc.?
www.marketwatch.com
Social Detention Inc. SODE Launches Blockchain Initiative with the Acquisition of the World's First Bitcoin Dedicated Marketplace in the App Store
www.marketwatch.com
RIOT - Waiting to test support.RIOT made a big move up with good volume and then started to retrace. I'm looking for a 50% retrace to 3.06 or 61.8% to 2.82, both of which line up with previous support/resistance levels. 2.50 is also in the cards with possible support from the 26 and 50 EMAs. A bounce from any of these levels should send us back toward the 4.00 range. Breaking that level means its a long way down.
RIOTRIOT BLOCKCHAIN .... time to accumulate........pls controll mini arrows green then ..... $ 10 - S20 long time
RIOT sideways movement.The exchange rate is based on a triple-wave stranding movement. The bottom support of the wave structure, a "valley axis" can be added. These types of axles have strong support for small ATR movement in exchange rate movements. We can imagine the complete swaying movement in the area bounded by the rectangle shown in the figure. From then on, the rectangular branch of the rectangle can be raised upwards and a stronger gain can be started. The upward movement requires that the d1 ATR axis (purple line) be crossed. The target price for rising motion is 19 usd level environments.
Any Predictions?Based on the previous highs and lows, this stock may drop down during the initial market opening. The support is around 6.50 to 6.60. This could trend upward during midday after a decline. I will be watching this one tomorrow.
RIOT getting tractionNASDAQ:RIOT
RIOT is getting a bit of traction but it's going to correct itself again. Wait for good support.
It's a riot!Looks like an excellent setup for a pretty incredible move up over the next year or so. High r/r in my opinion -- I will probably stop out below the most recent low
RIOT- btc miner - BTC rallybuy riot a bubble bursted but look at where we are now in term of phases of bubbles
Google it up
