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RIOT

Riot Platforms has shown an accelerated decline patternRiot Platforms has shown an accelerated decline pattern This figure shows the weekly candle chart of Riot Platforms' stocks in the past three years. The top to bottom golden section at the beginning of 2021 is superimposed in the figure. As shown in the figure, the stock of Riot Platforms has shown an accelerated decline pattern in the past three weeks, and is about to challenge the bullish starting point in June 2023! From the double bottom pattern at the end of June 2022 and the beginning of 2023 to the overall pattern of the three small bands of upward trend, there are still new highs in the future, but the space above is limited!
NASDAQ:RIOT
by Think_More
Bitcoin Miner Moon Race - BMMR - CORZQ Leads the way! The great power of the Bitcoin ecosystem, where is the hash rate coming from? Miners. And most of these miners have bases in Americas only. Most of the Eurasia / South America / Central America (El Salvador Volcano) are not publicly traded yet or direct government related but I suspect this trend is occurring globally. Forget the Moon race, its the Hash Race. All of this too when we are in early stages of a bull market. Don't hear a peep of Bitcoin miners or the ecosystem on Bloomberg either? BlackRock radio silence. . . but the waves are public.
AMEX:BITOLong
by FederalXBT
RIOT | InformativeNASDAQ:RIOT If the price of RIOT breaks above the bullish line of 20.60, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target prices could be set at 22.45, 25.70, and 28.40. Conversely, if the price of RIOT breaks below the bearish line of 19.15, it may suggest a bearish signal, implying potential downward price movement. In this case, the target prices could be set at 17.59, 16.99, 15.75, and 11.86. *I'm slightly bearish based on the daily candlestick.
NASDAQ:RIOT
by shkspr
RIOT - Rising Trend Channel [MID -TERM]🔹POSITIVE signals inverse head and shoulders formation with resistance breakout at 14.72 and potential next resistance at 24.50. 🔹RSI curve shows rising trend to supporting POSTIIVE trend. 🔹RSI above 70 indicates strong short-term POSITIVE momentum. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:RIOTLong
by wavepoint99
BTBT- 500% YTD Pullback for Long EntryBTBT, a stock with cryptocurrency mining activities, has been on a long sustained trend up this year of 500% reflecting the crypotcurrency recovery and resurgence. In the past week, it has pulled back and is now setup for an entry. This stock is similar to RIOT and MARA but with a lower price and market cap. It had been trending along the second deviation line above the long-term VWAP anchored at the beginning of the year. The pullback to the first deviation the line above VWAP allows for an opportunistic long entry. The ascending amplitudes of the K /D line excursions on the MACD indicator are confirmatory for the bullish momentum. I will take a long trade here expecting a 50-100% return over the slow trading of the remainder of the summer. I believe this will further diversity the portfolio by exposure to the crypto sector.
NASDAQ:BTBTLong
by AwesomeAvani
Pigeon is long CleanSpark $CLSKCleanspark is on pace to reach 10eh/s in the next 30-40 days. That is late july early august. They have the miners on site and racking. They also have the miners already purchased and being delivered to reach or possibly exceed 16eh/s by the end of the year. This is a miner that has been lagging against all others. As book value goes they are severely undervalued and have positioned themselves to become a top 2-3 miner. Retail investors aren't liking the dilution but it looks like to me they won't need to use all of the ATM as the stock price has increased. Retail and even analysts have low price targets because there is uncertainty they can pull off the targets they've set out. They have diluted 57% over the last 2 quarter to get 2.5x in hashrate, from 6.6eh/s to 16eh/s. I am fine with this as as they are growing before the halving as miners need to be aggressive and also efficient as possible. Pigeon sees this as an opportunity to buy value and have a calculated asymmetrical bet on the books. There is no such thing as a 'quad top', this is making LH's into resistance. Expecting pace of move to be speed up as that resistance is snaped. Would like to see that zone labeled to hold tho. Pigeon is long sparky.
NASDAQ:CLSKLong
by Pigeon941
15
BTBT a crypto equity play in a Bull FlagAs seen on the 4H chart, BTBT is triggering a breakout from a High Tight Flag Pattern ( see the link below) supported by the MACD crossing the zero line from below and the ADX indicator showing the beginning of a bull trend abuve the green line at ADX 20. Earnings are soon upcoming on March 29th and the prior earnings were decent in the middle of " Crypto Winter" which is now rapidly thawing into the spring. RIOT and MARA are breaking out BTBT is about to follow those leaders. A trader would be "chasing" after the latter but taking a BTBT trade would be getting to the party just on time. The call options table shows the 4/21 $1.00 strike at $40 premium which rose 50% on Friday. I see this as an earnings play off the flag pattern with great upside potential in the context of the resurgence of the cryptomarket while banks with fiat currency have significant challenges ( or collapses depending on what version of chaos you see,)
NASDAQ:BTBTLong
by AwesomeAvani
7
WULF Long on TeraWulf First one but after this yall be listenin' close up Chart says we will be at $3.62 mid Q2 23' Then $5 something into Q3 after summer she rip to $11.5 Then she dumps to $7 on announcement of merger with Hut8 (USBDC failed vote), retaining the Terawulf brand $7 to $26 After massive stock buyback program followed by announcment of the industries first BTC dividend. then some pull backs cause its healthy or something, Followed by a head spinning run to $55 By 25' (Y/E) #55by25 Ideas simple, Buy 300,000 shares @ $0.783 for a cost of $234,900. Time 1 Y +3Q's Value of holdings at redemption, $16.5M ROI $16,265,100 or like 70xish *This accounting exludes revenue from BTC dividends *This is also a absurd prediction with no basis in fact or reality. *I am not even good at this, just playing around *SATIRE, NOT INVESTING ADVICE OR ANY OTHER TYPE OF ADVICE
NASDAQ:WULFLong
by Not_Super_Diversified
4
Long RIOT #tradingtheapocalypseFundamentals: Riot Platforms, Inc is a Bitcoin mining company that survived the recent downturn in Bitcoin price, unlike some of its competitors. That's as much as I need to know. This trade is a leveraged bet on Bitcoin. Bitcoin recently completed a weekly Wyckoff accumulation pattern, which was confirmed by the break and hold above 26k. Technicals: Crypto equities seem to respect nothing in particular except the Bitcoin price, and the general stock market conditions. However, moving averages help. RIOT has closed above its 200-day Exponential Moving Average, and tested it as support, along with previous resistance, gapping up afterwards, showing demand. The trade is a long from here, with a stop below the recent low around $5. Ultimate target is the most recent peak the last time price was above the 200 EMA, but really the trade should be managed according to the state of the crypto market.
NASDAQ:RIOTLong
by SimpleCryptoLife
RIOT - 126-130$ top target for 2025In this analysis, we will delve into the significance of confluence in technical analysis, the implications of shareholder dilution, the role of Bitcoin mining, and the importance of the technical indicators used in our assessment of Riot Platforms, Inc (RIOT). Confluence in Technical Analysis Confluence is a crucial aspect of technical analysis, as it allows traders to identify critical price levels where multiple technical indicators align. This increases the probability of a successful trade, as it provides confirmation and reduces the likelihood of false signals. The confluence between the 1.382 Fibonacci speed resistance fan and the horizontal 1.618 Fibonacci extension level in RIOT's chart offers a compelling indication of a potential turning point. Shareholder Dilution Shareholder dilution occurs when a company issues additional shares, which results in a decrease in the ownership percentage of existing shareholders. This can negatively impact the stock's value and investor sentiment. Therefore, avoiding shareholder dilution is essential to maintain shareholder confidence and support the stock's price appreciation. Bitcoin Mining As a company primarily engaged in Bitcoin mining, RIOT's performance is closely linked to the cryptocurrency market. Continued growth in Bitcoin mining will likely support RIOT's revenue and contribute to its stock performance, especially during periods of heightened crypto market activity. Conversely, regulatory setbacks or a decline in mining activity could negatively impact RIOT's stock price. Technical Indicators Our analysis employs the convergence of the 1.382 Fibonacci speed resistance fan and the horizontal 1.618 Fibonacci extension level to determine potential price targets. These indicators have proven to be reliable in identifying key support and resistance levels in the past. By extrapolating the data from these indicators, we can project a potential price target of $126-$130 for RIOT. Conclusion In light of the confluence observed in RIOT's chart and the importance of avoiding shareholder dilution and sustaining Bitcoin mining operations, we recommend considering a long position in RIOT around November/December of this year. This strategy aims to capitalize on the anticipated cryptocurrency market euphoria and achieve a price target of $126-$130. However, it is crucial to monitor the company's performance and the regulatory landscape, as these factors may impact the stock's trajectory.
NASDAQ:RIOTLong
by TheTraderAndy
1