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RIOT

Short-Midterm outlook for upward progressionNews has never been better for BTC! Between banks and hedge funds adding it to their portfolios, many digital payment services adding it, credit/debit cards planning to transact with it, companies adding it to their asset sheet, Kevin O'Leary & Elon Musk (+ other celebs) tweeting about it, and of course more stimulus money. I'm guessing we'll see some major growth and all the signs I've looked at seem to agree. We'll see what happens these next few weeks. Cheers and don't forget to like!
COINBASE:BTCUSDLong
by SWAGKINGHEEB
Bitfarms projectionBitfarms has 30% higher hashrate than RIOT does. With an uplisting expecting to a major exchange in coming months, the growth of the stock on fundamentals should put it on a higher valuation than blue chip miners. Long term plans for Bitfarms plan to grow from their current 1.3 EH to 8 EH by the end of 2022. Additional growth in BTC should drive the price even further. 1. Currently 30% higher hashrate than RIOT 2. Exchange uplist expected 3. Longterm plans to grow hashrate from 1.3 EH to 8 EH 4. Institutional investment in BTC should drive the price even higher. A long term price well over $100 would seem reasonable beyond the current fundamental price of $40 shown here.
BLong
by TravisUpNorth
2
Stocks rally over NFT craze IMTE 80%, OCG 86%, TKAT 277% • Non-fungible tokens (NFTs) have been dominating the media headline and only yesterday NFT speculation made Oriental Culture Holding OCG 86%+, Integrated Media Technology IMTE 80%+ and Takung Art Co Ltd TKAT 277%+ jump. • Three days ago, we shared in our group a list of NFT stocks and all of them were popping up yesterday including the ones mentioned above. • These token-based stocks prove that the advancement of blockchain technology over the years has certainly created a new industry. Check our previous Idea CCNC signed the deal we shared with you here two weeks ago and popped 50% pre market.
NASDAQ:OCGLong
by FDGT_academy
Another SOS Speculation 03/16/2021Good afternoon to everyone on the west coast and good evening to everybody on the east! Wow aren't we looking bullish today. Like I mentioned yesterday, as expected, there was going to be a minor pull back today. I sold my options this morning, and bought back in at a lower price closer to around noon (west coast time). For today's analysis, I am going to be using the simple moving average (SMA) lines as resistant points. The Red line indicates the 20 day moving average, yellow 50, and green for 200. Yesterday the 20 day moving average crossed above the 200 day moving average which is how we saw that push in price and volume. The second thing I watched out for is what I like to call "confirmation" and that's when the 50 day average also crosses above the 200 day average. And well, as you can see on the my chart here, we are pretty much there. We are looking bullish. Remember to always practice risk management by setting up losses, or hedging when the market moves against your favor because with many things in life -- anything can happen. Anyway, if you read this far and enjoyed my analysis, feel free to follow me as I will continue to observe SOS daily.
NYSE:SOSLong
by SPADESASSETS
1
CRYPTO - RIOT - The Wyckoff MethodWyckoff Method Application: Hello everyone, DPT here. I love analysis, and I love to learn about and trade using theories and frameworks Dow Theory, Elliot Wave Theory, Action Reaction, and others, as I develop my own methodology... Today, I spotted a very good fit for the Wyckoff Method for a trade setup, and I wanted to share this with you. There are a few steps omitted, but I included the article which I used as reference so you can follow along, or use it as a template for your own trades. This is not financial advice, just an informational! 5 Step Approach to the Market: 1. Determine the present position and probable future trend of the market. - Currently swinging bearish: 2. Select stocks in harmony with the trend. - RIOT is known to follow BTCUSD, as it is a BTC miner! 3. Select stocks with a “cause” that equals or exceeds your minimum objective. - I have high conviction that BTC is (a) on a downtrend with more downside, (b) RIOT has yet to price this in. 4. Determine the stocks' readiness to move. - TA Oscillators and Moving Averages show that the stock is ready for a move to the downside. 5. Time your commitment with a turn in the stock market index. - I have high conviction that the stock market index will also see downside in the nearest future: Three Wyckoff Laws: 1. The law of supply and demand determines the price direction. 2. The law of cause and effect. (BTC and stock market downtrend, yet to fully be realized by RIOT). 3. The law of effort. Analyses of Trading Ranges: - Trading ranges (TRs) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand. Institutions and other large professional interests prepare for their next bull (or bear) campaign as they accumulate (or distribute) shares within the TR. Wyckoff Schematics: - A successful Wyckoff analyst must be able to anticipate and correctly judge the direction and magnitude of the move out of a TR. Fortunately, Wyckoff offers time-tested guidelines for identifying and delineating the phases and events within a TR, which, in turn, provide the basis for estimating price targets in the subsequent trend. Nine Buying/Selling Tests: FYI - I won't be using a P&F chart. 1. Upside objective accomplished. ✔️ 2. Activity bearish (volume decreases on rallies and increases on reactions). ✔️ 3. Preliminary supply, buying climax. ✔️ 4. Stock weaker than the market (that is, more responsive than the market on reactions and sluggish on rallies). Stock did not make new high, when BTC made a new ATH! ✔️ 5. Upward stride broken (that is, support line or uptrend line penetrated). Currently in the beginning of a descending scallop (scythe) pattern, clearly breaking uptrend line. ✔️ 6. Lower highs. ✔️ 7. Lower lows. ✔️ 8. Crown forming (lateral movement). ✔️ 9. Estimated downside profit potential is at least three times the risk for if the initial stop-order were hit. ✔️ STRATEGY: - Entry: 63 - SL: 87 - TP1: 47 - TP2: 38 - PT: 23 - RRR: 1.71 - Timeframe: 45d - TRIGGER: 1. Confirmed rejection at this resistance. 2. BTC continued downtrend. 3. Increasing sell pressure. “…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.” (The Richard D. Wyckoff Course in Stock Market Science and Technique, section 9, p. 1-2) As always, if you enjoy this post, please Like, Follow, Leave a message... GLHF! - DPT
NASDAQ:RIOTShort
by UnknownUnicorn1043646
4
$Gwac bitcoin play spac , go long GWAC What is GWAC ? Its a spac that merges with BTC mining company This little bastard going to the moon 🌙 Commons at $11 , units at 3.1 Institutions buying it up P.s. I do not post a lot of ideas , but nail about 90% success . Look at my past posts : Alerted $riot at few bucks , $pltr at $9-10 and so on.... If you want more details about my trade ideas , check myTwitter feed Gwac : Cipher Mining Inc. agreed to a merger with blank-check firm Good Works Acquisition Corp. (GWAC) in a deal valued at $2 billion. Crypto mining stocks are reaching new highs at the outset of 2021 with valuations ballooning. These include valuations of crypto mining players, such as Marathon Digital Holdings Inc. (MARA), currently at $2.8 billion, Riot Blockchain Inc. (RIOT) with a $2.7 billion market capitalization and HIVE Blockchain Technologies Ltd. (HIVE.V) at $1.5 billion
GLong
by asigristch
Intermarket analysis of Bitcoin price and Bitcoin miners !If you are interested to invest in Bitcoin and related asset, then Bitcoin miners stocks could be a more rewarding investment opportunity. As you see in this chart, RIOT, MARA, CAN, and HVBTF are the largest publicly traded Bitcoin miners stocks. They all have positive correlation with Bitcoin price during Bitcoin bullish rallies and perform 2-4 times better than Bitcoin. As I predicted in early November RIOT has outperformed Bitcoin the best (>4x) in the last 4 months. In conclusion, it would be good for Bitcoin investors to put some money in Bitcoin miners to boost their cryptocurrency investment performance. Moshkelgosha
BITSTAMP:BTCUSDLong
by Moshkelgosha
2