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RIOT PLATFORMS INCRIOT PLATFORMS INCRIOT PLATFORMS INC

RIOT PLATFORMS INC

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RIOT trade ideas

Symmetrical TriangleSymmetrical triangles are consolidation patterns and can also serve as a continuation pattern. Triangles can break up or down. No recommendation A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Expectations are that price will turn one way or the other, eventually. It is simmilar to a bollinger band squeeze and will price go one way or the other.
NASDAQ:RIOT
by lauralea
Bullish on RIOT(This is not financial advice) Hey everyone, thought I would make a crypto play considering how well crypto has been doing these past few days and these stocks usually follow the same movements especially on Monday week opens. I am looking for a entry at 45-50 ad I have set up price targets to take profits at on the way up. The reasons I am bullish on RIOT starts with the momentum and big push of crypto over the past few days. We did see a few big gains on this stock throughout the week but we were lucky to see a nice pull back going into the weekend which allows for a bit of a lower entry. The MACD is showing a buy signal and last time it showed a signal like this we saw more then a 20% gain. We are seeing the EMA's and VWAP start to push under showing a bullish signal and we have a strong support at 47 which anywhere around there is a safe and good entry. We seem to be following these fib levels pretty nicely as well so I would use that to look for places to sell off or add to your position. The final thing I was looking at is the pattern we are in right now is very similar to the one we saw last push up this leads me to think that we will do the same thing again. We are also in a uptrend within this pitchfork in the lowest level which shows great room for growth. Thanks for checking out my idea if you agree or disagree be sure to comment and if you like my ideas be sure to like and follow. Thank you! - Vlaire
NASDAQ:RIOTLong
by vlaire
RIOT BLOCKCHAIN - LongRiot Blockchain, a cryptocurrency mining company, has expanded its fleet and mining capacity with a new purchase order for 42,000 S19j Antminers from Bitmain. The purchase order, valued at $138.5 million, is part of a coordinated growth plan to significantly increase Riot’s Bitcoin (BTC) mining hash rate. As a result of the current and previous orders, Riot said it is scheduled to receive a minimum of 3,500 S19j Antminers per month beginning in November and running through October 2022. As Cointelegraph previously reported, Riot expects to achieve a hash rate capacity of 3.8 exahash per second by the end of 2021. Once deployed, the new order of 42,000 Antminers will more than double the capacity to 7.7 EH/s. Once fully operational, Riot’s mining fleet will consist of 81,150 Antminers, of which 95% are the latest generation S19 miners. Shares of Riot Blockchain were down sharply Wednesday, reflecting the overall downtrend in the cryptocurrency market. The stock is down 7% at the time of publication and has corrected 36% from last month’s all-time high. Astonishingly, Riot’s 52-week low is $0.93. It peaked at $79.50 in mid-March and currently trades just above $50 a share.
NASDAQ:RIOTLong
by IvoSqueeze