RIOT: Now it has turned into a triple combo correctionSunday night drop broke below $6.36, invalidating the minor wave 2 count and confirming that Intermediate wave 2 is still in progress. This price action can be a triple combination WXYXZ pattern. Now, good news is, this should be the last C wave leg. Bad news is it can still drop quite a bit more be
95 ARS
100.18 B ARS
344.90 B ARS
About Riot Platforms, Inc.
Sector
Industry
CEO
Jason Les
Website
Headquarters
Castle Rock
Founded
2000
ISIN
AR0375251839
FIGI
BBG01MDJW3T1
Riot Platforms, Inc. is a bitcoin mining company, which engages in the provision of special cryptocurrency mining computers. It invests in Verady, Coinsquare, and Tess. It operates through the Bitcoin Mining and Engineering segments. The Bitcoin Mining segment focuses on maximizing ability to successfully mine Bitcoin by growing hash rate. The Engineering segment designs and manufactures power distribution equipment and custom engineered electrical products that provides them the ability to vertically integrate many of the critical electrical components and engineering service. The company was founded on July 24, 2000 and is headquartered in Castle Rock, CO.
$RIOT / 3hIt takes time for the waves to settle and the tide to change!!
Today, the price volatilities revealed the ultimate final subdivision of wave v in an integral sequence in five waves. Hence, today's 6.39 low might be considered a significant extreme point close to the Fib 1.272 expansion level on th
RIOT: a hair away from invalidationFriday drop came about a hair length from invalidating my current count. But a strong reversal is keeping it intact still. We do not have a full 5 waves moves up to confirm a wave 1 yet. So, it is possible that Monday might sell off again and invalidate this count. If we lose the minor degree wave 2
RIOT - Fundamentals/Financials don’t matter. Staying Long CryptoI haven’t bought bitcoin mining stocks this market cycle, and don’t plan on buying them, but I thought this was an interesting exercise. MARA is the undisputed king of bitcoin mining and it’s not even close. From a fundamental and financial standpoint, MARA should be the best bitcoin mining stock to
RIOT: A less severe crash countThis is my less severe crash idea. We should get one more lower low in this count to close out Wave 2 of the intermediate degree. The low of $6.22 is not very clean and the recovery since then is also quite choppy, suggesting a final flush out. My previous count expects a worse case. This one is a b
$RIOT / 3h#RiotPlatforms may have concluded the entire correction in Minor degree wave 2 by an ending expanding diagonal in its wave (c) of ((y)). This week NASDAQ:RIOT revealed a three-wave sequence as the final decline in wave v of (c), which should be over.
So, today's 6.40 low might be respected as a
$RIOT / 3hEventually All Waves Settle!!
#RiotPlatforms has worked well, rising by 17% in three consecutive days this week.
According to the prior analysis in the same frame, NASDAQ:RIOT could have concluded the entire correction in its Minor degree wave 2 by an ending expanding diagonal in wave (c) of
OptionsMastery: Looking for an immediate buy on RIOT!🔉Sound on!🔉
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$RIOT / 3hEventually All Waves Settle!!
The market selloff in five straight trading days has extended the current decline in wave(c) and exceeded the last extreme low at 7.24 as well. It would suggest the ending contracting diagonal in wave (c) to morph into an expanding diagonal,
as adjusted on this frame.
$RIOT / 45mYes! NASDAQ:RIOT was quite stating well for this trend reversal today , as anticipated!
Riot Platforms concluded the entire correction in Minor degree wave 2 at 7.24
by an ending diagonal as wave (c) of ((y)). Then it was marching in place in 2 straight weeks, and formed a double bottom ver
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Summarizing what the indicators are suggesting.
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Moving Averages
Neutral
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Moving Averages
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.
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