RIOT Inverse Head and Shoulders EngageWell it took long than I expected for RIOT to really run, but it is finally happening! NASDAQ:RIOT
RIOT trade ideas
$RIOT targets long-termHello folks,
the bottom seems in. My short term target 30+,
long term in 2025 or later we can easily reach 100+
Have fun and NFA
RIOTTechnical Analysis of the next weeks for RIOT based on Elliot Wave Theory.
Currently in the bigger 3rd Wave.
No Financial Advice.
Crypto Stocks Ready to FLY?!Big boy liquidity has been building up at current support levels for crypto related stocks.
From these regions, Price can absolutely fly, or die haha.
The risk to reward to start averaging with very high probable buy positions is $6.50 (prime entry region) to current levels around $11 region
Liquidity shows all of the potential at these levels. The rewards can be extremely handsome =)
RIOT Ready for a BOUNCE here!! Ideas should be simple and visible
- Riot Bounces here or breaks the channel
- Options chain shows BULLS are coming back
RIOT: Choppy action upwards. Brace for impact!The bounce upward this week is looking choppy and corrective, keeping the bearish count alive. If this path continues next week, we should see heavy resistance between $12 and $13. The leg down afterwards should be the last leg on this downside, and we should see the entire crypto market come alive with intense impulsive drive when that is done. Right now, if we see a break above $ 13.75 and a sustained price action above $10, then things might start to look more bullish. Until that happens, shorting the resistance area would be the next play.
$RIOT a mining companyRiot Platforms Inc is a bitcoin mining company. Its stock price positively correlated with bitcoin price. When bitcoin is up miners sell less btc to support operations. Therefore, they get to keep more btc in their balance sheet.
Riot BullishRiot Bullish
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
RIOT elliot waveRiot is trading in a picture perfect elliot wave. Has a few gaps to fill below and should finish off the correction phase.
RIOT: Bounce incomingRIOT is going through a major rout right now. It has fallen much harder compared to BTC. At this point we should see at least a relief rally for both. Current price action looks like a larger wave C is playing out. However, we cannot completely discount the bullish case. The way to identify would be the pace and strength of the next move. If we see a choppy wave 4 type of price action, then the expected wave 5 to around $7.5 area should play out in the next few weeks. If we see a very sharp reversal the takes price above $13.75, then something else is going on and will need to switch to the bullish count. In either case, a buy signal should present itself in the coming weeks.
Riot wait buy and waitRiot a share in every crypto portfolio. I am assuming an entry period of the next 4 weeks. Compared to many short fans who see Bitcoin in further depth, I am firmly convinced that we have been in the bull market since September, exceeding USD 25,000, and that the market will not allow a major price decline. I'm betting on Riot in this crypto bull market. I am pursuing the entry target of a bullish Gartley, and the first targets have been chosen accordingly. Wait, get in, wait and get out.
Good luck and success
SEC EFT CRYPTO APPROVAL SELL THE NEW STRATEGYGains now baked into after SEC announcement! Time to sell
RIOT Breakout! 33% Gain potential RIOT is basically a crypto mining company.
Bitcoin right now is breaking to highest levels since 2022.
RIOT's balance sheet is positive with more assets than debt.
RIOT recently spent 290 million USD on purchasing new and advanced bitcoin mining rigs as well as a contract to buy a lot more of those in the future with MICROBT.
Technicals show breakout after breakout, with a fresh breakout recently above 13.80.
Stop loss is placed below second horizontal support around 12.50.
Take profits are allocated around key resistance levels on the way up.
Indicators show bullish momentum with plenty more fuel to go.
This is a potential swing trade.
Best of luck and feel free to ask questions!
RIOT BLOCKCHAIN LONGRiot is about to break out from an inverted H&S pattern that has been printing since 2021. I expect a big move to the upside.
Riot back to trendThis whip saw market is certainly flushing out leverage. I remain in my spot shares and am contemplating June 20$ calls. Riot like Coin is back to trend although this riot trend line began a full year ago. Both of my short term bearish price targets of 17$ and 15$ were hit. This ETF tease is really going to spook retail. Will we get another flash crash?
RIOT bullish continuationHello traders,
chart of RIOT looks fantastic at the moment with rounded bottom with price founding support on trend line after successful break I think the price will continue higher and my target is 20$.
Riot corrected as planned, now expansionI am heavily expecting riot to go back to 20$ here in this whip saw market. Many levered bets were likely flushed out here. My first short-term bearish target was hit and we came VERY close to 15$ flat as well. I think we are looking between 18.50$ and 20.9$.
Riot to 20$ishI am expecting one of my larger bags (riot) to hit about 20$ before the next correction. Riot and Mara have been on absolute tears lately. My theory that Bitcoin related stocks precede Bitcoin price action has been proven true the past few weeks. A correction to the dashed red would be optimal, although Riot likes to overreact in each direction. A more bearish target is 15.15$ish. In summary I am short-term bullish, medium-term bearish, long-term bullish.
RIOT REVERSAL?Crypto is gaining sentiment while market front runs rate cuts pricing in 4-5 cuts. Now earnings of companies in NASDAQ who is entangled with crypto holdings and institutions recover from the FTX debacle. MicroStrategy's SAYLOR, sees BTC higher with April halving on top 2-10X increase in demand (he implies from ETF crypto filings, pending SEC decisions, he said (TICKER: MSTR). Riot is similar. Once SEC announces approval (otherwise they would not be entertaining SEC registration, if not), SELL THE NEWS!!!
$RIOT: 17.5 May Still Have MoreCrypto is still showing strength here and I'm curious to see if it's proxies like RIOT, HUT and MARA will continue their run as well.
#RIOT Bitcoin Miner ... Can it rocket to $130 ...?You tell me?
Do you think #Bitcoin will cross $100k this cycle or not?
If it does , why wouldn't our miners create parabolic tops in new All time high territory?
Good luck in your speculations.
This could start a $RIOTJust check it out, massive point for NASDAQ:RIOT to break out and rip, paired w/ the halving we are def in for a ride so lets see if it can break this channel and really kick it upwards.
