RIOT et al big upside potentialThis is perhaps just hopium but with enough people piling into bitcoin IF President Trump does all the pro-bitcoin stuff he is currently talking about then I think it's possible. I'm hodling mining stocks for now and we shall see.Longby alexkeatonUpdated 353524
RIOT Bitcoin Miner Ready to Rock and RollRIOT Platforms has been crafting a remarkable inverse head and shoulders pattern that has taken several years to develop. With our linear projection, we’re eyeing a target of $92, and given the current momentum of the Bitcoin bull market, breaking through the $100 mark seems very achievable. I've also added a linear projection for your reference below!Longby BallaJi232378
RIOT to started W-C of 2 ~$9 targetPretty shallow w-b so might not be finished yet. Could start w-3 of W-C of W-(2) soon. Looking for 5 waves down. Potentially close the bull gap on w-3 and then hit 61.8% on w-5. Long after that! Should finish around 61.8% around $9Longby stsmurf10106
RIOT clean flag break?I'm seeing so much here but something so beautiful. From recent rises to its share price I believe there is some support here forming at $12. This chart seems to be headed upwards and it was in a flag mode and broke out of it. Could be a nice long for $15 by 4/2025. Longby wallstreetloser001441
RIOT Descending Channel BreakoutTypically in the bitcoin world, descending channels break to the upside. This is because, since its inception, bitcoin has moved upwards in price. And most other assets in the space move in tandem. Obviously there are no guarantees and we can only predict price targets based on what things have done historically, so we shall see. Longby alexkeaton335
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 📌 🧵👉Longby raj5_7_5Updated 545461
$RIOT, a setup for a comeback- Showing some strength on the pre market, RIOT is bullish above 12.30. - while I am not expecting the move to be bigger than 12.50 on the day, keeping with momentum, we can see it at 13.70 by next week. - a larger move to 14.20-15 may still on be on the table. - Trade is risk off bellow 11.60.Longby ImSamTradesUpdated 8
Riot Platforms, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Riot Platforms, Inc. - Triangle 1&2 | Uptrend Bias - HH&HL | Measurement Template Inflicted - Retracement 1&2 | Center Low & High - ABC Impulsive Wave | Hypothesis Wave Inflicted Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutralby P-Ment4U1
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 🤕 ❤️🔥Longby raj5_7_5Updated 6627
ROIT STOCK Riot stock is now on it way to the moon, thanks to the recent electionLong09:49by PolymathNG1
ROIT STOCK Riot stock is now on it way to the moon, thanks to the recent electionLong09:49by PolymathNG1
$RIOT about to play catch up to the upside?NASDAQ:RIOT has been consolidating in a bottoming wedge and looks set to break out. I think we see a very sharp move to the $18 resistance as RIOT has serious catching up to do. I think RIOT and HUT will be the most bullish two miners for this next move up. After hitting $18, we should see some consolidation before the next big move higher. Not sure if we get into the $100s or not, but will update the chart as the move plays out.Longby benjihyam9917
RIOT: Buy back the next dip?RIOT pump along with overall crypto and general markets post-election, most likely completed full 5 waves sequence. There is a chance price can move a bit higher. Following this move, a correction is most likely get introduced by FOMC meeting. I will be waiting for a 3 waves move down to get back on this train for a larger wave 3 or C. Longby mukit1664
RIOTgreat falling wedge pattern will be exploded and wave (wxy) is ended wait correction then enter with wave 3 enter point 9.80$ stop loss 6.20$ target from 17.16-17.25$ second target 19.73$ to 19.83$ Longby IbrahimTarekUpdated 1112
RIOT: moving stop loss upRIOT is at a spot where only a 3 waves sequence has completed. If abc move is the end of this sequence, then there is no reason for holding on at the moment. But in case a wave 5 is due, we might still be in for some good size gains. So, instead of completely getting out, I have taken profit at wave 3 and now have moved the stop loss up right below Thursday low. The whole thing can be part of a larger ABC pattern or if we have a full 5 waves up, then it might be start of a much larger wave 3 sequence. So, I will try to keep some skin in the game. Leave a bit that I can afford to lose completely and not lose any sleep over it...by mukit1443
RIOT - short position on 1h time framehi traders let's have a look at RIOT on 1h time frame. The price is at the upsloping resistance of the channel. This short position on RIOT is based on a bearish divergence with the RSI. Enter short at the resistance now. Take profit/ target: at the horizontal support (orange line), stop loss: 10,75. Shortby vf_investment223
Bullish RiotAfter a period of price consolidation within the triangle, a breakout has occurred, putting the bulls in control. Bitcoin has risen, and as anticipated, Riot is likely to see a significant upward move. N/b just a speculative analysis. Kindly like if you agree. Thanks by kimhil114
RIOT Platforms Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RIOT Platforms prior to the earnings report this week, I would consider purchasing the 10usd strike price Calls with an expiration date of 2024-11-1, for a premium of approximately $0.40. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptions6
RIOT: bullish count as long as 5 waves completesRIOT is chugging along since the low made in September. As BTC is holding major support areas, RIOT is getting the tailwind it needs to move forward. The price action looks bullish; but we have not seen a full 5 wave sequence. We need to see a few more higher highs and higher lows and get close or above $13 resistance level to have some kind of confidence that bull cycle has started. Keeping in line with BTC, after the minute degree wave 1 is complete, the whole market will plunge into a correction for a few months. That will be a true test of this bull market. If price can hold above $8 support, then sky will be the limit once we get out to the other side of correction.... If price breaks below $8.52 now, then this count is invalid. We might see a larger leading diagonal or a deeper correction might still be intact for intermediate 2.Longby mukit1335
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.Longby ProfitsNinja111
$RIOT * WEEKLY TF EWP FIB TC ANALYSIS Let’s break down the potential Elliott Wave scenarios that may unfold, along with alternative possibilities. I’ll review the key details of the chart I provided: Primary Scenario: Completion of Corrective Wave Wave Count: • It appears that RIOT has completed a large corrective (A)-(B)-(C) wave. • The (A) wave bottomed around early 2020, and the (B) wave rallied to an extreme high around mid-2021. • The ongoing (C) wave has been pushing lower and is now potentially near completion, suggesting that the bottom could be forming soon. Key Fibonacci Levels: • The price is close to the 0.618 Fibonacci retracement level, which typically acts as a major reversal zone in corrective waves. • There’s also a Fibonacci cluster indicating confluence between the 0.618 and 0.786 retracement zones around $6-$7. This increases the likelihood of a reversal if the price holds at this level. Confirmation of Trend Reversal: • For this scenario to play out, we would expect a five-wave impulsive structure upward to begin. This would be Wave 1 of a new bullish cycle. The key confirmation would come if RIOT breaks above the downward channel resistance with strong volume and follows through with higher highs and higher lows. Alternative Scenario: Extended Correction (Complex Correction) Possibility of an (X) Wave or Further Downside: • In some cases, after an (A)-(B)-(C) correction, a complex structure could unfold, resulting in an (X) wave and then another corrective pattern (Y). • This would imply that RIOT could consolidate further or possibly make another low before finally reversing. The chart does suggest this possibility due to the large downward channel still being intact. Deeper Fibonacci Levels: • If the price fails to hold around the current levels, the next key Fibonacci level around the 0.786 retracement (around $3.25-$4.00) could be targeted. This might be the level where the final capitulation occurs before a reversal. Wave Count Indicators: • Wave 1 Upward: If the bottom is in, we could see the start of a wave 1 upwards, which should follow an impulsive five-wave structure. This would be a strong indicator that the correction has ended. • RSI: A bullish divergence on the RSI, where the price makes lower lows but the RSI makes higher lows, would be a strong confirmation of a reversal. Keep an eye on this divergence in shorter time frames (e.g., weekly or daily charts). • Break of Downward Channel: Watch for a break of the upper boundary of the downward channel. This break should be accompanied by a surge in volume and a higher low formation, marking the shift in trend. Conclusion: The primary wave count suggests the potential for a bottom forming, particularly around the current support zones near $6-$7. However, in the alternative scenario, a more complex correction could push the price lower to retest the next Fibonacci level, possibly in the $3.25-$4.00 range. Confirmation of a new bullish wave will require a strong impulsive move upward, breaking the channel and solidifying the new trend. Longby AnakynUpdated 3312
RIOT: Is it time to buy now?RIOT has made into my very long-awaited target of $6.5 entry point and went beyond it by a little. This technically marks the end of intermediate degree wave 2. The move following the low has been steady but not extremely strong. For a wave 3, I would have liked to see a very strong and convincing V bottom recovery, but it has been a bit choppy. In the coming weeks if price picks up steam and starts to make some headways, then my confidence level will come back. Indicators are looking fairly good. Want to see MACD cross over the 0 line and start getting some wider read on the histogram. Want to see Stochastics to keep snaking around on the top third of the chart and not fall back in below 60 read. EW count might have completed a very preliminary 1/2, 1/2 and ready for a 3 of 3 at a minuette degree. We should start to see more prominent green bars to confirm this. I had a very old order filled at $6.5, so I am in it now. But, I would prefer to double or triple up after I see a full 5 waves sequence. Also want to see a break above the midrange of the channel and then a retrace to test it. At the moment my stops will rise below the last low as higher lows are formed. Right now, do not want to see a break below $6.94.Longby mukit113139
Bullish Gartley Harmonic - 29$ targetPerfect Bullish Gartley Harmonic formed on RIOT. The target for this trade is 29$ I'm hopeful the stock goes much higher, but for now, this technical set up caps out at 29$ Longby TheTraderAndy121230