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RIOT

Intermarket Analysis of Bitcoin and Major Bitcoin Miners1st we should look at the definition of Intermarket Analysis: Intermarket analysis is a method of analyzing markets by examining the correlations between different asset classes. In other words, what happens in one market could, and probably does, affect other markets, so a study of the relationship(s) could prove to be beneficial to the trader.(Investopedia) Instead of looking at financial markets or asset classes on an individual basis, intermarket analysis looks at several strongly correlated markets, or asset classes, such as stocks, bonds, currencies, and commodities. This type of analysis expands on simply looking at each individual market or asset in isolation by also looking at other markets or assets that have a strong relationship to the market or asset being considered.(investopedia) Intermarket analysis should be considered fundamental analysis in that it relies more on relationships to provide a general sense of direction, but, it is often classified as a branch of technical analysis. There are different approaches to intermarket analysis, including mechanical and rule-based.(investopedia) After talking about the definition of Intermarket analysis, let’s see how Bitcoin rallies affect the stocks price of the major North American Bitcoin miners Marathon Patent Group (MARA) and RIOT Blockchain. This bullish rally started on March 13th , 2020. So far Bitcoin scored from 3850 to 46000 and rewarded the investor astronomical return. But if you look at the return of MARA and RIOT, all of a sudden you will noticed that the very similar correlation exists between Gold price and Gold miners stocks is present between Bitcoin and Bitcoin miners stock price. I published many articles about this in the last 4 months, when Bitcoin was 12400, I predict the sharp move, and asked people to invest in Bitcoin instead of trading it for the next 2 years..! Any time we had a correction, I said don’t panic. But at the very same time, I published my view on RIOT and MARA, and wrote that if there is going to be a Bullish rally, miners will win the race! Now you can see that how true it is. Don’t ignore this correlation..! Moshkelgosha (SniperTrader)
BITSTAMP:BTCUSDEducation
by Moshkelgosha
5
RIOT update from FEB 5My apologies, new here and thus have been flagged for not following house rules and suggesting everyone check out these amazing indicators, don't do that, and I will no longer be asking for you to do so... Lesson learned, moving on...From now on just enjoy these charts, hit that like button and follow if you want more ideas. I will be posting more trading ideas/instructions with my main focus being area of value trades and breakouts like this one!!! From my post Friday (this same chart here) we now have a 50% gain (a 7X move on the option...) be ready for a pullback but I am long RIOT in the age of crypto... I entered the FEB 19 calls before close friday. Cheers to all who got in!
NASDAQ:RIOTLong
by Verum0
5
Every Decade you get one.While everyone is chasing the "next thing" or focussing on short squeezes and pump and dumps... Quietly BNGO has emerged from the depths of penny land. While analysts will attempt to scare you out of this stock by touting a 1000%+ run, and touting it as a penny stock similar to ZOM, a look a little closer reveals the company is just retouching its IPO price from two years ago. This is far from a P&D or a GME Short Squeeze hype play (I am all for the GME play, F' Citron) instead this is a new monetization play with some of the smartest Scientists on earth backing it. Stop and think for a second... Why am I chasing a crowded EV play, its TSLA or nothing, why am I chasing a mature e-commerce play like ETSY or Amazon, why am I chasing a MJ play in a foggy market, why am I chasing a mature fin-tech play, why am I chasing a SPAC above $12. If you are looking for true growth you must search for a market that has yet to be monetized. For the next decade the monetization of the human genome will be the largest growth play on earth. I think we have a winner. It's time to yell BINGO! Sale your car, house, child, sale your body, kidney almost anything you can to buy more shares of this. The moon is imminent. ST PT $25 by March 2021. LT PT $415 by March 2023. FANG will go BANG!
NASDAQ:BNGOLong
by ilike2yolo
7
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
NASDAQ:RIOTLong
by jcrosb3
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.
SP:SPXLong
by Moshkelgosha
16
$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.
DLong
by StockGuild
2