RIOT
MARA - Still Hodling / FlaggingKeeping this short and sweet. Watch the fib levels and watch for a break up and out of the flag.
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
RIOT 1/18 Trade Idea and ProjectionsRIOT sympathy play with BTC
BTC:
Bull flag (symmetrical wedge) on Daily
Reversal price action respecting bottom trendline (2 wicks w/ small bodies)
20 SMA coming up for support
$1.9T stimulus packet proposal, decreasing USD
RIOT:
Bull KL's: PLOD, PHOD, 22.50, 24.00, 25.00, 25.50
PT: 26.50, 27.70, 29.30
Long term PT: 33.30, 46.30
Price action projection: gap up, flush, strong morning momentum, 50% retracement, sideways price action. Looking for continued momentum if btc breaks flag with volume
RIOT - Small Dip Before Continuing UptrendI think RIOT needs to correct a little before it can continue rising within the formed trend channel on the daily charts.
RSI still looks overbought.
This stock obviously reacts to BTC Price movements, but it's sometimes delayed.
Short term dip, with an entry price target of about $21.40, then long from there, given bitcoin continues it's bull run.
If there's a major move in next few days for BTC, expect this stock to run up again.
MY TOP 10 ANALYSIS IN THE LAST 3 MONTHS VS SPX,NDX,DJII would like to invite my followers and all other users on Tradingview who did a trade base on my analysis in the last 3 months to write a comment about their experience.
While major 3 indexes gained 7.5 to 12.5 % in the last 3 months, I had two 4 digits, many 3 digits, and lots of + 50% analysis.
Keep it on your mind that I made the call to buy:
MARA @ 2.37
RIOT @ 3.43
BNGO @ 0.54
CHEK @ 0.36
CAN @ 2.60
PLUG @ 15.47
IDEX @ 1.54
GEVO @ 3.70
SYN @ 0.38
FCEL @ 5.36
Please write what you think in the comment.
$DIGAF Following Breakout Pattern as $BTC $BTC.X Rises PT .25+$DIGAF May just release its payment service provider very soon. It may be PayPal for all we know. That will be what really blows this out of the water. There may also be an NDA to protect the client. In addition they may be in the middle of purchasing more cryptocurrency exchange platforms to incorporate their Securiter protocol technology for crypto market transactions in South America. No wonder it’s so quiet!!! I’m patience for the fireworks remember this did almost 800% on updates in December.
CRYPTOSTOCKERS IIAnother batch of Crypto Stockers...
Remeber..They chase bitcoin and bitcoin chases them..be always behind the trend.
Enjoy!
TRADING CRYPTO STOCKSThe great thign about all of this crypto stocks is that they follow bitcoin..DAHHH!
The simple chart ilustrates it
1 itis imperative that you keep a pulse on bitcoin and the stock share Dilution not to be trading against the wave. As there has been and will be regular offerings....
2 Profit taking its mean here and stop loss cascades are common.
3 Always be aware of the bitcoin support and resistance levels as well as time waves.
4 Be on the lookout for institutional buying and selling and follow their cicles.
5 Be ready to react imediatly to divergence arising from bitcoin and the market in which the stock trades.
6 BEGINERS DONT SHORT!!
Good Luck!
$OSTK bulls need to be patient - buy level is at $39-$41$OSTK bulls need to be patient - buy level is at $39-$41
MARA - Significant Level Here - Watch for reactionMARA - Significant Level Here - Watch for reaction
I hodl shares from 2.27, shaved 20% off at 12.05 to lock in gains. Playing options as well. Just sold 19MAR21 20 @3.20/ BOT 15JAN 21 7 P @.05. Will keep playing add/subtract for the foreseeable future.
MARA @.786fib. Mid regression channel meets top of downtrend.
Looking for 16 - 17 if it can break up and out.
BTC set up as well. Trying to Run.
______________________________________________________________________________________________________________________
This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Riot Bitcoin dynamic duoOk so I’ve been looking at the chart and there seems to be a correlation to riots price and Bitcoin, are we expecting to look at a $20 price target for riot on the market this week since Bitcoin is at it’s ath at 33,000. Also does anyone think their will be a massive 40-60% Bitcoin sell off that could cause riot to also come crashing down?
$DIGAF Ascending to 2nd Breakout in a Month Following $BTC ATH$DIGAF Which recently had a 800% Day Breakout on December 15th Following $BTC's breakout is on an uptrend to yet another breakout as BTC breaks its ATH today.
$DIGAF was one of the few cryptocurrency stocks to run over 2,500% during the last Crypto rush and I anticipate it could do even more than that next year. The S/S is relatively the same since the last rush and the company has made major progress since then.
Some background on $DIGAF and current and future updates to come:
Securter Spin-Out:
1. After the Spin-out DIGAF increases its equity position of
Securter from approximately 2% to over 25% - this is very good.
2. The previous Definitive Agreement $DIGAF was to fund up to
US$3m to buy up to 33% of Securter. $DIGAF got a Reg 1-A SEC
approved but abandoned it probably because the market didn’t
like the structure, dilution and/or the valuation. After
the Spin-out $DIGAF is no longer required to fund; which
reduces dilution, $DIGAF ends up with approximately the same %
at 1/10th the original cost.
3. $DIGAF can operate on an annual budget of less than $200k
(FS’s Q’s &K’s) cut expenses and kept a low burn
rate during the Covid19 disaster pending Securter launch.
4. Securter can now independently fund their own business
development @ CAD$0.07, they will be able to raise what they
need to launch and get their own skin in the game.
5. $DIGAF acquired sales license for a billion-dollar growth market in
South America.
6. New opportunity, new market with massive growth potential
and Securter has a buy-back clause to pay $DIGAF market value
as determined by independent valuator.
7. $DIGAF has control to fund, not the commitment, South America
in each country or joint venture with the largest PSP’s in
the area. For $DIGAF to go after SA they must have
relationships perhaps Columbia or Chile or Brazil,
definitely interesting.
8. Buy-back clause where Securter will pay Digatrade fair
market value by an independent evaluator. This could
trigger as soon as Securter gets acquired by Apple or other
major when they roll up the territories and licensing
agreements.
9. Provides great growth opportunity and will generate news and
Press Releases for the next year.
10. Valuation & price target: A comparable was the Mobeewave
acquisition by Apple for US$100m. Securter is better than
Mobeewave and could easily push up Securter valuation to
$200m. At this price, $DIGAF would own 25% or $50m equity
equivalent and receive cash dividends to redistribute to
$DIGAF shareholders; or: $DIGAF uses the cash for open market
stock buy- back and then cancel the shares reduce the issued
and outstanding. Current market-cap US$1m share price
$0.001 * 50 = US$0.05 per share. Usually these growth tech
stocks generating net positive cash flow trade minimum 10X
so share price would be $0.50+
11. If Securter launch is successful $DIGAF shareholders win –
the share price will soar on massive volume providing
liquidity and trading profits for anyone who wants to sell.
$RIOT - Monday Covered Calls / Tuesday Long CallsOn Monday, Sell highly inflated out of the money call options on Mondays utilising the "recalibration/catch up" from RIOT compared to BTCUSD which runs all weekend.
On Tuesday, Dip Buy weekly long calls, ride the wave up, flip em for profit.
If Friday sell-off (like often), go long calls and flip them on Monday morning at the top, flip them + add your covered calls.
Rinse, Repat every week.
These options are not part of a spread and can be closed separately.
Good luck !
Started a YT channel recently on which I mostly focus on passive income strategies selling weekly covered calls (Including $RIOT, $MARA, $PLTR, $SRNE, etc)
Feel free to stop by : "Brenn Capital"
RIOT Unusual Call ActivityUnusual OI and call volume on the the 1/15/21 $15c. Check with your broker but TD showing big spike on 12/16, 12/17 & 12/18.
Following its lower trendline, caught horizontal support as well as the support on the 8 EMA. I'd like to see a break on the upper resistance trendline on the RSI before making an entry.