Get started

RIOT

GOOD OPPORTUNITY ON RIOT IN THE SHORT TERMRiot Blockchain, Inc. is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States. This asset is directly related to the Bitcoin price trend. At the same time, it offers less risk than the cryptocurrency market. The trend seems to want to reverse its trend in the short term. Great scenario for different investment strategies. Operations with different interesting risk-return ratios.
NASDAQ:RIOTLong
by UnknownUnicorn25541012
$RIOT Target 45.70 for 51.27% $RIOT Target 45.70 for 51.27% Or next add at 30.47 We've gotta push through the resistance here... Let's go... I did not add here... ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:RIOTLong
by SPYder_QQQueen_Trading
1
BITF - Undervalued to peers, based on BTC minedBitfarms Ltd. is a canadian bitcoin mining company. Resistance at $6.45, as that is highest close and tested that level twice already. The chart basically follows bitcoin, so I am going to write about bitcoin mined compared to RIOT and MARA. BTC mined for BITF in may 2021 = 262, RIOT = 227, MARA = 227. June 2021 = 265, RIOT = 243, MARA = 266. MC of BITF is 5x less than MARA and RIOT. Earnings is Aug 16th, so if there's a pullback . It would be good time for entry.
NASDAQ:BITFLong
by hockeysniper
After Big Push Up and Earnings Inflation, Time to Sell RIOT?In institutionalized markets, we often see patterns of up and down, up and down, verses more free markets, in which we see large bull trends followed by disastrous bear trends for some. The more popular the asset, the more swings we often see, as people play a tug of war to win Bull or Bear. As you can see in this long-term Daily Chart, RIOT has had two weeks of a solid uptrend, followed by slight sell-off, and consolidation near the top. The bottom lies around the golden figure of $22 USD. In the shorter-term to medium-term charts, I see little room to move up on the top, with Bitcoin once again reaching resistance at $41,000, and massive downside potential. For the monthly chart, we are at a monthly high. Warren Buffet would recommend to sell the overbought monthly high for a weekly profit. Technical indicators show we are overbought, and due for a slight-to-moderate correction. For the yearly, we are still in a downtrend for both RIOT and BTC, with highs far, far away. The push up in RIOT is likely due to its earnings coming out in two days. Days before earnings arrive, the stock anticipates positive or negative earnings, and rises unexpectedly. Most of the price action commonly occurs before, not after earnings come out. Don't buy the hype. Markets feel ebullient, with SPY at all time highs, making a 38% gain in 1 year, but much of the country is truthfully in a depression. Banks just lowered interest rates again, making savings accounts useless. Many other modern countries having savings with a rate of 8%, more than the typical gain per stock market year. US will have a harder and harder time existing on trillions of debt and even Bitcoin and cryptocurrencies can't save the monster of debt US is lugging around behind its warguns. For myself, I'd rather sell resistance, and buy major support. Ask yourself, too: what is a bit of coin? What is a bit of money to you? A bit of coin to Bank of America is $10 for quarters. That is the maximum amount of coin they will give you. Now think about a billionaire's motive: what is a bit of coin to him? This man has never had to live paycheck to paycheck, does not know the real value of money. To a billionaire, a bit of coin is $100,000. To a multi-millionaire, they often spend $50,000/month on housing and other expenses. At least, that's what I've seen with my own eyes, with real people millionaires. If Bitcoin continues to go up, its ultimate DARK SIDE comes out. It will have the capacity to inflate all assets. In my city, food prices have doubled in many restaurants since BTC reached 60k. Apartment prices have gone up at least 10%. Many people want higher Bitcoin, but it may destroy USA. USA is known for little inflation and fair prices to be united. You have to be a citizen first, and Gordon Gecko of greed second. Reminder: Always do your own analysis.
NASDAQ:RIOTShort
by Grandmaster76
2
Trading Triangles and ChannelsGreat trading day, loved the quick action on the charts. Today, RIOT formed a symmetrical triangle in the morning hours. I marked the top resistance levels, mid support/resistance levels, and bottom support levels. It was a fantastic freefall from the top resistance levels to mid support levels, where it then formed resistance and plummeted to bottom support levels. Trade #1 - Up $800 USD in Paper Account Trade #2: Up $350 Trade #2 was based on Descending Wedge and Channel patterns, forming new support and resistance levels. It's very hard to see on the 15 minute chart, as I was working with smaller time levels that I cannot publish about. How do you manage risk? Share any risk-management tactics, traders!
NASDAQ:RIOT
by Grandmaster76