previously we swung mara from around $20 --> $70 via: it came down pretty impulsively after poking our target, and there has been no signs of bullish divergence or anything of this nature (thus far). i think it's going to drop lower. shorting it right here for this potential sub-wave 5th swing.
MARA even though this shit got a subpeona on it,, it may be bullish in short term once it gets down in between that 36-46. I'd be looking to buy shares anywhere between that zone, but i do like RIOT more.
Its no MARA, but its still a big W if you hung in there.
In this analysis, I review the most important Support and resistance levels of the top mentioned Wall Street Bets tickers! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! I think most of you know their plays I too risky and chasing is not recommended! Rank 1-6: and my prediction for...
Riot Blockchain, Inc. ( NASDAQ:RIOT ) Sector: Finance (Financial Conglomerates) Current Price: $44.19 Breakout price trigger: $43.00 (hold above) Buy Zone (Top/Bottom Range): $41.00-$35.50 Price Target: $66.00-$68.00 (1st), $79.00-$82.00 (2nd) Estimated Duration to Target: 38-40d (1st), 74-78d (2nd) Contract of Interest: $RIOT 12/17/21 50c, $RIOT 1/21/22...
For whatever reason Riot is a lagger compared to MARA. On Friday closing near resistance this could move heavily to the upside and even break highs in mid December. Seems likely to be .. could be even a 100% gainer from here! Hope you guys are having a good weekend and find these charts before the start of the new week! Will post some more following this one,...
All, OVERALL (BULLISH 70/30) I think we break out this wedge down here either now or one more attempt on bottom of wedge and hit 280-293. However, see details below. I am most likely going to hedge downside depending how Mon/Tues go. A breakout Mon-Tues I will just go into maintenance mode and watch it closely. FUNDAMENTALS Let's get to fundamnetals first. There...
Looks like W3 starting here, looking strong. 1618 fib extension W3 target lands around $61
Y-Axis is log scale Assuming the BTC pumpdamentals continue, RIOT could have a huge breakout here from a macro descending wedge into a bull pennant
riot has broken out of its downtrend from March and tested resistance at the .382 fib level or $43.25 I believe this will test it again in the near future and breakthrough near earnings or the day after on the 15th and rocket up to the .618 $57.09. I have gotten a position in at $27 and will buy a bigger position of calls expiring next week.
NASDAQ:RIOT Possible Scenario: LONG Evidence: Price Action Entry point: buy order : 31.30$ to 31.80$ in case of pull-back, (I don't expect it) TP1: 32.80$ TP2: 34$ Call options, Strike 32$, 11/ 05 /2021 100 Contract cost is 14k and profit at TP1: 4k at TP2:13k, at 36$: 28k Call options, Strike 34$, 11/ 05 /2021 *This is my idea and could be wrong 100%
With added strength in BTC _ ETH and RIOT COIN etc just taking off, watching CSTR for a BIG reversal play here!
RIOT is looking really good right now. This beautiful cup and handle is about to resolve to a major run within the next 2 years to possibly $8000. I know it sounds extreme but the measured move of the cup on a log scale will bring it to approximately $7000-$8000. Hold onto your hats. Good luck everyone. This is not financial advice just my opinion, let me...
Mixed with the way Riot responds with the Bollinger Bands and the 50 Ema. Along with a new engulfing pattern on the horizon, Minus headlines everything points to a short for me. Thoughts?
RIOT seems to be lagging MARA a bit but provides the same setup.
Looking at a strong entry point for a long trade on a second leg formed. Looking for a price target of $30. Signs of oversold conditions starting to appear on the RSI & MACD . Also seeing some divergence. While I see pullbacks on BTC to $50k & ETH to possibly $32-3500, RIOT seems to suddenly making a breakout. Could be profit taking and traders seeing higher...
RIOT after growing +14.47% per day has more potential of growing even more higher in the 1W time frame. After some analysis done on the chart which shows a clear break out gives hope for possible growth. Also a clear RSI divergence on the 1H time frame. #DYOR
Quick follow up on my earlier post about RIOT Blockchain as part of my response to @Ahmedramzy81