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Riotstock

RIOT next BTC to bull 🐂 road map I already provided RIOT analysis ⏰ successfully top 🔝 & correction completed 🚀 Unfortunately 😬 my 2 posts got disconnected against trading view rules 📌 Again making complete analysis for next bull run 🐂 Before entering pls #DYOR Below this post I will update you everything 🙂 So just follow and share post and save it by boosting 🚀 it 🙌 So if I updated anything in this macro correction or exit or crucial things u get updated 📌 Let's get started 📌 🧵👉
NASDAQ:RIOTLong
by raj5_7_5
54
Riot next BTC halving to bull run road map I already provided RIOT analysis ⏰ successfully top 🔝 & correction completed 🚀 Unfortunately 😬 my 2 posts got disconnected against trading view rules 📌 Again making complete analysis for next bull run 🐂 Before entering pls #DYOR Below this post I will update you everything 🙂 So just follow and share post and save it by boosting 🚀 it 🙌 So if I updated anything in this macro correction or exit or crucial things u get updated 📌 Let's get started 📌 🧵👉 1 📌 Next halving 25TH APR 2024 expecting price $28-35 RIOT 2 📍 2025 jan-march range expecting bull run top 🔝 target 🎯💯 Then money 💰 flow back to BTCUSD to final top 🔝 . 3 📌 Present support zones 📌 ( BUY / ACCUMULATION ) $12-11.5 ( 20-30% 💰 ) $7.25-8.6 ( 40-50% 💰 ) Worst case 📌 $5-6 #imo not possible 😜 Stop 🚏 lose #SL :: month close below $5 . 4 📍 Resistance 🤥 ( selling / exit ) Before going sell learn 😃 about PRINCIPAL TRADE concept 👍 It's nothing but removing your liquid or seeing your liquid 💰 at that target or zone 📌 Only holding #profit either to rotate nor to be safe in this risk assets 🙌 Principal trade target 🎯 $25-35 ( expecting halving time ) Profit sell :: $52-84 ( even more possible but that time I will update you here ) Always be in a plan 😉 keep mind 🧠 with minimum target 🙂 Then ur emotions won't get hurt 🤕 ❤️‍🔥
NASDAQ:RIOTLong
by raj5_7_5
6
RIOT Platforms Bullish Rally Hits All Targets! Trade CompleteTechnical Analysis: Riot Platforms – 15-Minute Timeframe (Long Trade) Riot Platforms executed a strong bullish move, hitting all profit targets after a long entry at 8.04. The trade has now concluded successfully, with all targets achieved. Key Levels Entry: 8.04 – The long trade was initiated after identifying bullish signals. Stop-Loss (SL): 7.83 – Positioned below key support to manage risk. Take Profit 1 (TP1): 8.30 – Hit early in the trade, confirming initial upward momentum. Take Profit 2 (TP2): 8.72 – Continued buying pressure drove the price to this level. Take Profit 3 (TP3): 9.14 – The strong uptrend pushed the price to this target. Take Profit 4 (TP4): 9.40 – The final target has been successfully reached, concluding the trade. Trend Analysis The price stayed well above the Risological Dotted trendline, confirming a sustained uptrend. Riot Platforms showed clear bullish momentum throughout the trade, hitting each profit target in sequence. The long trade on Riot Platforms was highly successful, achieving all targets, with the final target of 9.40 marking the end of the trade. This showcases the effectiveness of identifying strong upward trends.
NASDAQ:RIOTLong
by ProfitsNinja
1
Bitcoin Miner Riot Platforms Set to Acquire Bitfarms for $950M Bitcoin mining giant Riot Platforms ( NASDAQ:RIOT ) plans to acquire Bitfarms Ltd. for $950 million, signaling a significant consolidation trend in the sector after the Bitcoin halving event. Riot aims to take over Bitfarms after acquiring a 9.25% stake, offering $950 million in cash and stock, marking a pivotal moment in the industry's evolution. The proposed acquisition underscores the ongoing consolidation in the Bitcoin mining sector, spurred by the recent Bitcoin halving event. Riot's bid for Bitfarms, valued at $950 million, positions the combined entity as a dominant force in Bitcoin mining globally. This consolidation trend mirrors the larger shifts in the cryptocurrency market, as companies seek strategic alliances to navigate evolving market dynamics. Riot's offer to Bitfarms comes amid management upheaval within the latter, with Bitfarms recently terminating its interim CEO, Geoffrey Morphy, following legal disputes. Despite Bitfarms' rejection of the initial offer, Riot ( NASDAQ:RIOT ) remains steadfast, planning to push for discussions and propose new directors to enhance corporate governance. Bitcoin mining faces challenges post-halving, impacting profitability for miners. Riot, with its extensive mining facilities in Texas, aims to capitalize on market opportunities, while Bitfarms expands its global footprint, particularly in South America, leveraging cheaper electricity costs for mining operations. Both NASDAQ:RIOT and NASDAQ:BITF stocks surged post-announcement, reflecting investor interest in the Bitcoin mining sector, but sharply retraced to new support level currently trading down by 0.72%.
NASDAQ:RIOT
by DEXWireNews
Gemini AI Analysis of RIOT (Riot Platforms) Stock (Bottoming) Based on the provided chart and technical indicators, here's an analysis of Riot Platforms, Inc. (RIOT) and its potential forward outlook: Trend Considerations: Long-Term Downtrend: The price has been in a long-term downtrend since late 2021, evidenced by the consistent lower highs and lower lows. The descending trendline confirms this downward trajectory. Recent Consolidation : The price seems to be consolidating within a range recently, indicating a potential pause in the downtrend. Momentum Indicators: RSI (Relative Strength Index): The RSI is currently around 28, which is near the oversold region (below 30). This suggests that the downward momentum might be weakening and a potential rebound or consolidation could occur. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line and both are negative, indicating bearish momentum. However, the histogram bars are decreasing in size, which could be a sign of weakening bearish momentum. Other Observations: JP Macro Trend Dynamics : This indicator shows a mix of green and red bars with no clear trend, suggesting uncertainty in the market sentiment towards RIOT. Heikin Ashi Candles: The Heikin Ashi candles are predominantly red, confirming the overall bearish trend. However, there are some recent instances of green candles, hinting at potential buying pressure. Support and Resistance : The $10 level appears to be acting as resistance, while the $8.50 area might be providing some support. Forward Outlook: The technical indicators suggest a mixed outlook for RIOT. While the long-term trend remains bearish, there are some signs of weakening downward momentum and potential consolidation . Possible Scenarios: Continuation of Downtrend: If the price breaks below the recent support around $8.50, it could signal a continuation of the downtrend, potentially reaching lower levels. Rebound or Consolidation: If the price manages to hold above the support and the RSI moves out of the oversold region, we could see a rebound or a period of consolidation within a range. Trend Reversal: A break above the resistance at $10 with increasing volume and confirmation from other indicators could signify a potential trend reversal and a shift towards a bullish outlook. Additional Factors to Consider: Overall Market Conditions: The performance of the broader cryptocurrency market and Bitcoin, in particular, will significantly influence RIOT's price movements. Company-Specific News and Events: News related to Riot Platforms, such as earnings reports, expansion plans, or regulatory developments, could impact investor sentiment and the stock price. It's important to note that technical analysis is not a foolproof method for predicting future price movements. It should be used in conjunction with other forms of analysis and a comprehensive understanding of the underlying asset and market conditions.
NASDAQ:RIOTLong
by evmeerkat
Riot Blockchain Achieves Record Revenue of $281 Million in 2023Riot Blockchain ( NASDAQ:RIOT ), a leading Bitcoin mining and data center hosting firm, has reported record-breaking total revenue of $280.7 million for the year 2023. This impressive milestone underscores Riot's resilience and strategic growth initiatives amidst a dynamic cryptocurrency landscape. With a surge in Bitcoin production and a commitment to expanding hash rate capacity, Riot continues to solidify its position as a key player in the Bitcoin mining industry. Record Revenue and Bitcoin Production: Riot's total revenue surged by 8% from $259.2 million in 2022 to $280.7 million in 2023, driven primarily by Bitcoin mining revenue, which accounted for $189 million. Despite challenges such as increased expenses and higher power costs, Riot managed to increase its Bitcoin production by 19%, producing a remarkable 6,626 BTC in 2023. This achievement is particularly notable considering Riot's strategic efforts to curtail power usage during peak energy demand periods. Strategic Expansion Plans and Hash Rate Growth: In line with its growth trajectory, Riot ( NASDAQ:RIOT ) increased its hash rate capacity by an impressive 28% in 2023, reaching a record 12.4 EH/s by December 31st. Looking ahead, the company aims to bring additional capacity online at its new Corsicana facility in Texas throughout 2024. CEO Jason Les emphasizes Riot's ambitious targets to further expand its hash rate capacity, with aims to reach 28 EH/s by the end of 2024 and ultimately surpass 100 EH/s in the future. Financial Strength and Balance Sheet Enhancement: Despite incurring a net loss of $49.5 million in 2023, primarily due to higher expenses, Riot maintains a robust balance sheet with approximately $597 million in cash and 7,362 Bitcoin, valued at approximately $311 million based on year-end Bitcoin prices. The company's prudent financial management and strategic investments position it for sustained growth and resilience in the cryptocurrency market.
NASDAQ:RIOTLong
by DEXWireNews
$RIOT Showing Bearish Signs, Trending to $6.22 - $7.21 Buy ZoneRiot Platforms (RIOT) had a strong rejection from the yellow resistance line in Q3, and closed with a bearish engulfing candle. RIOT has a high risk of trending downward for Q4, and has already started showing a lot of bearish signs. On the 3-day time frame the EMA ribbon is acting as an area of resistance. RIOT has dropped below the Ichimoku cloud of support, and RIOT has just lost support at the white trend line. I believe that RIOT will trend down towards the light blue support level over the next few weeks for a potential bounce there.
NASDAQ:RIOTShort
by realchartchamp
4
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
Riot July 1st weekend candle recap 2023Pls #dyor 🙏 #nfa This analysis is just recap to my old signals 2 post's if u have not checked pls ✅ check in tag of this article below I provided successfully 45% profit so far 🔥 As per 1st analysis it was broken parallel channel and good 👍 close As per 2nd analysis wave pattern the best it was leading and near to 1st target 📌 1st of all we need to know it's going with btc price % action Some times with #btc good move some time it's moving btc price The previous weekend candle July 3rd 2023 started good closed 🔐 too good 👍 in post market it almost reached $16 I think 🤔 there will be a good correction 😉 Before reaching above $17 I am expecting correction range $12-14.2 note 📌 if u are investor just bid at good prices come back after year 😂 bcs u can see green ⬆️💚 candle as u need 📌 if u predict that If u long term person but getting ur heart ❤️ up and down 📌 👎 u ar not investor's turn as trader It's tough job not 🚫 as PPL thinking millionaires Our life will lead top 🔝 if our time and work was good 👍 If our work good my fate is bad it helps other I experienced every bit of pressure 📍 now became professional trader 😉
NASDAQ:RIOTLong
by raj5_7_5
4
Time to start a RiotRiot Blockchain Short Term We look to Sell at 8.05 (stop at 8.90) Previous resistance located at 8.00. The medium term bias remains bearish. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 6.04 and 4.25 Resistance: 8.00 / 14.00 / 23.00 Support: 6.00 / 4.50 / 4.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:RIOTShort
by Saxo
1
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
We Have Not Reached the Bottom YetThough cryptocurrency as a whole and its related stocks like MARA and RIOT have been declining by almost 11-15% a day recently, the bottom has not yet been found. Farther we dive, searching towards the end of May for low levels with more support. As you can see, there is strong resistance ahead with the red line marking each one in time. When a stock is this bearish, it is necessary to find a real bottom, the lowest absolute price and consolidation before an uptrend, before ever investing in it again. If I was holding, I'd keep holding. As it is, I'm not yet ready to buy this stock. I'd like to see it fall further, to pre-hype and inflated levels. The new price target has fallen from $95 to $55. That's like a 50% cut! This could go down to $15... Good to take into consideration for the time being. Best of luck and loving peace to all.
NASDAQ:RIOT
by Grandmaster76
RIOT BUY/LONG BIG OPPORTUNITY! 15 to 97 by end 2021! TICKER CODE: RIOT Company Name: Riot Blockchain, Inc. Industry: Technology | Software - Application | USA Position Proposed: BUY Technical Analysis 1. Flag Pattern (Forming) 2. Fibonacci Retracement at 0.786 ( Silver Zone) 3. 1st Partial Take Profit will be at Fibonacci Expansion Safe Take Profit, Flagpole Length and somewhere near Key Structure Level (Very likely for price rejection/Pullback) 4. 2nd Partial Take Profit would be somewhere near the Next Key Structure Level (The Market will very likely reach this point before having a major rejection again) Entry: NOW READY (15.00-26.00) - The Market could fall below 26.00 again but very unlikely 1st Partial Take Profit: 97.00 (October - End 2021) 2nd Partial Take Profit: 2.95 (End 2021) 3rd Take Profi: 3.75 (Mid-End 2022) Note that in the Monthly chart timeframe the market is creating a large inverted Head & Shoulders, as such I will still hold some of this stock on hand. Should the market break beyond 145, the next take profit will be at roughly 200-250 price range.
NASDAQ:RIOTLong
by traderprosignals
2