Current pattern looks like the crash of 2020. So, I believe Bitcoin will test 1.618 level. That is $43 500 - $43 300 price level. When it crashes buy more BTC and BTC mining stocks, like NASDAQ:MARA , NASDAQ:RIOT or others. Overall, I am always long BTC.
Been buying shares of RIOT, and will continue to add shares anytime this gets in the 9s. After a couple bad years of production, RIOT's new Corsicana facility is energizing and the new miners will boost hashrate and increase efficiency. Oh, and lets not forget the 8500 Bitcoin on the balance sheet and positive earnings. RIOT has been undervalued for too long! As...
RIOT Chart looking pretty good when you look at the greater picture. Don't think we quite make it to Mars on RIOT. Dogecoin, probably. Yes the smaller moves are not really covered on this chart. But also, this is a key zone for RIOT on the weekly chart. IT goes back quite far. Put/Call info below. rejection trends in red. support trends in green. price zones...
The bulls and bears are currently engaged in a tug-of-war on RIOT's chart. From a technical perspective, the magenta wave (ii) could already be over. However, we are not yet convinced of this and give the price room to move closer to the support at $7.80. Only when the low of the move is established just above this level should the price turn around and rise...
I already provided RIOT analysis ⏰ successfully top 🔝 & correction completed 🚀 Unfortunately 😬 my 2 posts got disconnected against trading view rules 📌 Again making complete analysis for next bull run 🐂 Before entering pls #DYOR Below this post I will update you everything 🙂 So just follow and share post and save it by boosting 🚀 it 🙌 So if I updated...
I think RIOT is one of the more undervalued mining stocks for many reasons. Their HODL balance is over 9000 now, their new Corsicana facility is coming online as we speak and has already been energized. New miners replacing the outdated less efficient ones. The largest overhang is the share dilution over the years to scale things up however, this company has...
Bitcoin mining giant Riot Platforms ( NASDAQ:RIOT ) plans to acquire Bitfarms Ltd. for $950 million, signaling a significant consolidation trend in the sector after the Bitcoin halving event. Riot aims to take over Bitfarms after acquiring a 9.25% stake, offering $950 million in cash and stock, marking a pivotal moment in the industry's evolution. The proposed...
COIN has a big jump July 13 after some good news on SEC litigation against crypto and a court ruling was issued. It is shown here on a 15 minute chart. Since a double top it went sideways for a week and then down trended. The anchored VWAP bands serve to give context and serve to show dynamic support and resistance price was at the mean VWAP on July 13th...
NASDAQ:RIOT Inverse Head & Shoulders, our algorithm currently show a a sell alert large red dot, we are bullish bitcoin and so not we wait for a large green dot to accumulate. Riot Platforms, Inc. (formerly Riot Blockchain, Inc.) is a publicly traded Bitcoin mining company based in the United States. It operates large-scale Bitcoin mining facilities and focuses...
Hello, friends! It's Shark here, and today we'll be examining the technical and fundamental aspects of RIOT Mining Company stocks. We'll delve into both long-term and medium-term plans. Technical Analysis: Long-term Trading Plan (pink color), Timeframe: one month Global support level: $1.61 Global resistance level: $36.38 Global accumulation level: $46.20 The...
Perhaps a consolidation will form with a greater probability of breaking upward. The growth driver could be the advertising of spot Bitcoin ETFs.
I know everyone is bullish BTC and miners here, but the charts still don't look great even after the bounce. I think what's most likely from here is that we sweep the lows before getting a sustained trend higher. We're rejecting off resistance here at $12. I think this is likely to lead to a strong move to the downside. We have a ton of gaps to fill from the...
Analyzing the options chain and the chart patterns of RIOT Platforms prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $2.98. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Based on the provided chart and technical indicators, here's an analysis of Riot Platforms, Inc. (RIOT) and its potential forward outlook: Trend Considerations: Long-Term Downtrend: The price has been in a long-term downtrend since late 2021, evidenced by the consistent lower highs and lower lows. The descending trendline confirms this downward trajectory. ...
Hello, I have wulf finishing up a triple Elliot wave WXY correction. I think it is about to go into a 5 wave impulsive sequence here.
RIOT April breakdown has confirmed the intermediate wave 2 still intact. Good news is, price is likely making a major bottom. The bottom rectangle on the chart represents several technical support zones and if price comes down to this area, it will be a buy for me. We should at least expect a bounce from there. But if price doesn't hold in this area, then we have...
I already provided RIOT analysis ⏰ successfully top 🔝 & correction completed 🚀 Unfortunately 😬 my 2 posts got disconnected against trading view rules 📌 Again making complete analysis for next bull run 🐂 Before entering pls #DYOR Below this post I will update you everything 🙂 So just follow and share post and save it by boosting 🚀 it 🙌 So if I updated...
What we know? Oil is likely bullish in 2nd Half (24'). BTC leads the small caps. TNX usually works as a head wind (and has took a pause). Rate cuts are very bullish for small caps and financials benefit in this environment? technically; the 20dma works as a driver. 50dma and 200dma just gives you context. You can add MACD to confirm things. Im speculating that...