RIOT getting to point which it needs to choose a directiona lot of people say short but still it holds uptrend and it made already a nice pull back. it could now shift to a nice Bounce by kemach550
$RIOTI like MARA better, but this trade has made me $$$$. I buy common and write calls against.Longby CryptoCosta5
I’m long hereAt the end of the line with this descending triangle, shows to be oversold, so this shows that it will likely breakout again.Longby ramelscontent112
Paper Account up from 100k to 410k in 8 monthsMultiple strategies and algorithms have been working excellently for TradingView's Paper Account feature and I'm up 300 paper grand. $$$ If only it was real money! $$$ I automated a few of the algorithms with some PHDs and gave them to a third world country and used some of the profits to feed starving Ugandan children who live on $1 day, the world's lowest poverty zone. Tradingview, please create a brokerage/exchange that is JUST LIKE your paper exchange. YOURS IS THE MASTER. WE WILL ACCEPT NONE OTHER THAN THE BEST!by Grandmaster760
Bullish RSI Divergence on RIOT1) Riot keeps making higher lows while its RSI is making lower lows. This is a so called "hidden continuation divergence". 2) Riot is forming a wedge pattern that will break either up or down. A) That said, last I checked there was a strong bearish RSI divergence forming on BTC, and since RIOT is a proxy play for ppo who cant trade BTC derivatives, any RSI signal will be drowned out by a general crash in the crypto markets. by roguewavecapital5
Opening: RIOT May 21st 25/30 Short Put Vertical... for a .91 credit. Notes: With 30-day at 151% and the short put strike some $15 below where the underlying is currently trading camped out at the 12 delta strike, what could go wrong? With earnings in 24, will probably look to take it off before those ... .by NaughtyPines0
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.by Rikity0
RIOTGot bull trapped on the false breakout this week so my calls got clapped so now trying to re-analyze this triangle with some noob EWT. Based on many twitter charts it appears everyone has this similar ABCDE triangle correction setup (hopefully this doesnt jinx it) (www.24elliottwaves.com) and bottom MAYY be in (added more shares today)... Anyways, Wave 5 .618 fib lines up perfectly with the equal length breakout and that's what matters . L F G RIOT $100!!!! Feel free to critique thanksLongby SongWins1112
not just yet wait for confirmation on this one very scary with COIN and BTC can see $80 if strength comes back to them by nah00
RIOT at the bottom of a Huge Triangle Hey guys, RIOT seems to be on the brink of breaking either up or down. I will play the following scenarios as they unfold. 1. The price will bounce off the bottom and visit the upper line, -> tight stop loss. 2a. The price will break down once we see a strong crossing of the lower dashed line (red) 2b. The price will break to the upside with major volume once we see a strong crossing of the upper dashed line (green) which has acted as heavy support in the past. No financial advice, just my personal opinion. I take these trades tho ;)by MaPaCUpdated 337
Just a thought... Targeting 90 - 100 on RIOTJust a thought... Targeting 90 - 100 on RIOTLongby MarcoJarquin669
TSLA 🌦RIOT SQ MSTR TSLA Were all down today. I suspect its because people would flock towards them due to their exposure to bitcoin on their balance sheet, but now that Coinbase is public people might just invest in them. Nothing confirmed just a theory. Tesla is always a long for me Longby jeromepower0
Buy super cheap RIOT $45 Puts Apr/16BTC is looking increasingly binary. There is a lot of energy going either way with this consolidation and BTC looks to be really struggling to find demand to breakout. Google search trends are also showing a signal that interest intensity is declining in the sector. Buy RIOT Apr/16 $45 calls for $35/contact If BTC tanks, target $35 ($1000/contact). RR of ~29x so it’s worth a small shot. If one wants to hedge, they could also buy out of the money calls as well.by vandmedUpdated 774
RiotDef took a big hit. Massive rejection up abov 60$ today. Once again it couldn’t flip 54$ 57$ or 59.30 into support The problem is BTc at all time highs with a lot of fear of Bitcoin being close to a potential top very soon Usually when BTC finds a top, altcoins start mooning hard. With that known indicator it’s going to cause extreme voltatile shaky hands in RIoT more then anything That being said we have still been maintaining inside this traingle. The lower support line goes as low as 48.64 -49$ level. We have been making higher highs and higher lows since we have been running back from the 34$ lows. Riot had a great run to 80$ at one point. Now there is resiatnce above an many trapped buyers up there. There will now be more resiatnce and sellers getting out this pattern has until 20th to play out one way or the other I got stopped out and I am way more uncertain which way this will go, but for now I am bullish on BtC as it is flipping old resiatnce to support therefore as long as this continues RIot ideally should remain bullish by Erictaylor556
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. Longby korbinperryUpdated 449
Bullish RIOT As We Break Out Of Bull FlagRIOT Current Price $61.90 Price Target $80 HIGH RISK OPTION - $59.5c 4/16 ($315, 6% till breakeven) RIOT Current Price $59.27 Price Target $80 HIGH RISK OPTION - $59.5c 4/16 ($315, 6% till breakeven) With the Coinbase IPO tm & BTC making new highs I expect some serious upside from the sector in the short & long term.Buying some shares after hours personally. Longby Value-Invest1
RIOT bullish broke out with a long candlestickBased on the bullish breakout and current uptrend, I would expect RIOT to hit new highs in the coming days or weeks!Longby LoboIIUpdated 1
We should see $68 tomorrow and $100 in few weeksGreat moves today and looks ready for the last leg up. Longby rbswingtrader15153