RIOT! Swing Riot is holding pretty good. It might reach previous resistance. Good R/R. MARA having the same swing trade set up. Check our previous post.Longby JhonMontanaPublished 0
Breakout Coming in Riot Blockchain?Bitcoin miner Riot Blockchain hit a seven-month high in mid-November. It pulled back sharply and now may be attempting a breakout. The first pattern on today’s chart is the price zone around $38. This is the roughly the spot where RIOT peaked in June and August. It’s also served as the top since November 16. Next, the 200-day simple moving average (SMA) is in the same area. (Because RIOT’s historical volatility is above 100 percent, these levels are looser than we’d normally see.) The confluence of this key SMA and old peaks potentially increases the importance of this zone as resistance. But will it hold? Notice the inside candle on Friday and a bullish outside bar yesterday. That may trigger some alerts for traders today. Next, notice how the 8-day exponential moving average (EMA) has remained above the 21-day EMA throughout the recent period of consolidation. That may suggest its short-term bullishness remains in effect – despite Bitcoin’s recent tumble. Finally, RIOT is down about 50 percent since mid-February – despite Bitcoin being little changed over the same period. If cryptocurrencies continue to stabilize and bounce, that price difference could also potentially revive sentiment toward the stock. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStationPublished 7
Riot is very bullishIt should be making a move jump up to this trendline. Opportunity to make alot of money here. It should be making this move within the next week or so. Longby gunhoePublished 444
Short upside trade in RIOT11/19, 35C @ 0.67, get out at 50% profit, this is final wave5 at small degreeby Mac2302Updated 775
Short RIOTConsidering the terrible earnings, regulatory pressure, and subsequent price drop across crypto assets, I am placing a 33/32 bear put on RIOT expiring 12/17. I am using the resistance line as a stop loss indicator, as anything can happen with Bitcoin. I place the trade after the second retest of 60,000, it bounced a little higher since but I expect continued downward pressure and declining volume across crypto in the short term as fall has been a historically slow season for crypto.Shortby shmalphyPublished 223
RIOT looking better than ever.Its no MARA, but its still a big W if you hung in there.Longby emehokePublished 225
$RIOT TO $50RIOT broke resistance, retested and held. Looking for $50 as next target.Longby CharlestonTraderPublished 3
RIOT-LONG There some of reason: Fundamental: 1-masive growth in the revenue 2-ROE become positive 3-RIOT is in 1 rank in her industry 4-Cash Ratio 460% 5-zero debt 6-promising industry 7-Institutional Holdings + Technical: Explanation in chart Longby MOHAMMAD206Published 111
11/14/21 RIOTRiot Blockchain, Inc. ( NASDAQ:RIOT ) Sector: Finance (Financial Conglomerates) Current Price: $44.19 Breakout price trigger: $43.00 (hold above) Buy Zone (Top/Bottom Range): $41.00-$35.50 Price Target: $66.00-$68.00 (1st), $79.00-$82.00 (2nd) Estimated Duration to Target: 38-40d (1st), 74-78d (2nd) Contract of Interest: $RIOT 12/17/21 50c, $RIOT 1/21/22 50c Trade price as of publish date: $7.00/contract, $9.80/contractLongby lord_catnipPublished 2210
RIOTFor whatever reason Riot is a lagger compared to MARA. On Friday closing near resistance this could move heavily to the upside and even break highs in mid December. Seems likely to be .. could be even a 100% gainer from here! Hope you guys are having a good weekend and find these charts before the start of the new week! Will post some more following this one, had to get this one out. Buy ITM calls for two months out.Longby tslatradesPublished 117
Riot Blockchain Too the MOOOOONI Believe Riot is on the path to $100. Sitting in a cup and handle fueling for takeoffLongby postman18nyPublished 6
RIOTLooks like W3 starting here, looking strong. 1618 fib extension W3 target lands around $61by Big_Mike716Published 6
RIOT is undervalued right now RIOT Continues to lag behind all the other miners. I am currently long from 34$ and holding.Longby liquidityengineerPublished 3
RIOT Breaking out for a huge runER next week and year long consolidation ready for a short squeeze!Longby BrandonOsbornePublished 4
$RIOT BTC Mining StockY-Axis is log scale Assuming the BTC pumpdamentals continue, RIOT could have a huge breakout here from a macro descending wedge into a bull pennant Longby limetoastPublished 3
RIOT Corrective Wave Almost Complete Next wave will probably push price action up to $48-50 which may then act as a profit taking zone Longby TradingMulaPublished 10
RIOT a Sleeping Giant +$80It is time for RIOT to play catch up. Profit taking from other miners could be pushed to RIOT? This would force a pump to a higher high. Once $38-$40 is cleared, that should cause a large rally for RIOT. I see an ATH in the near future (assuming BTC continues advancing). Let's see what happens in Q4 2021 Good LuckLongby peterbhcUpdated 5520
$riot looking better everyday riot has broken out of its downtrend from March and tested resistance at the .382 fib level or $43.25 I believe this will test it again in the near future and breakthrough near earnings or the day after on the 15th and rocket up to the .618 $57.09. I have gotten a position in at $27 and will buy a bigger position of calls expiring next week.Longby igcollinmcdevPublished 8
Long | RIOT | Intraday play 11/3/2021 NASDAQ:RIOT Possible Scenario: LONG Evidence: Price Action Entry point: buy order : 31.30$ to 31.80$ in case of pull-back, (I don't expect it) TP1: 32.80$ TP2: 34$ Call options, Strike 32$, 11/ 05 /2021 100 Contract cost is 14k and profit at TP1: 4k at TP2:13k, at 36$: 28k Call options, Strike 34$, 11/ 05 /2021 *This is my idea and could be wrong 100%Longby shksprUpdated 113
Above 37.50Broke out of a continuation pattern. Above 37.50 good for a day trade. 75% bullish flo.Longby msanayaPublished 3
RIOT inverted head & shoulders pattern!!!!Smaller inverted h&s within a larger h&s. if we break the neck line, first target $44 then $60. trade safe Longby BrothersInBitcoinPublished 5
RIOT investor interestsRIOT is gaining today, watch out the $41 area, this is on of the most important levels. Above we see the volume profile is very low and the price need first to be accepted. Currently we cannot say where it will go, but prepare for a major pullback anyway. After breaking the next big level, the picture will be more clear. by TradeandGrowPublished 1112
RIOT Potentially Missing Bitcoins from Mining OperationsI've been bearish on RIOT since around mid April 2021. Since then, a few technical formations have occurred and I've detected potentially suspicious activity at Riot Blockchain. Main price objective = $2. Technical Observations: 1. Bearish flag formation from May 7th, 2021 to September 17th, 2021. The break down occurred on September 20th, 2021. 2. Bearish flag (from point 1 above) and pole (marked as line segment X) completed. The next pole (marked as line segment X', which is a clone of line segment X and then translated) could be forming. Line segment X' points to a target of $0.00. However, as mentioned at the start my main price objective is $2. 3. Declining trend line starting February 17th, 2021 to present day. 4. Death cross on September 10th, 2021. 5. We are in month #18 since the BTC block reward halving that occurred in May, 2020 (prolonged bull run). I anticipate this bull cycle to end within 90 days from the date of this publication. 6. Dark black ghost bars are the candlesticks from the previous bear market trend that began on December 19th, 2017 for this ticker. This serves as a potential trajectory of where we could be headed in this current down trend. Notice the dark black bars have been setup to end at $2 based on adjusting the vertical stretch property. Fundamental Observations: 1. Literally almost all cryptocurrencies have pumped 10x, 20x, 50x, 100x, 200x, 1000x, and in a few cases well beyond 1000x multiples. This is sheer insanity and generally unsustainable. 2. Tether keeps pumping Bitcoin prices with nonstop increasing supply. Generally, when Tether stops printing, Bitcoin is allowed to take its natural course. Also, word is getting out that Tether might even be a scam/fraud. The downfall of Tether could potentially destruct 80% to 90% of the cryptocurrency market. Obviously, RIOT would become one of many victims due to a Bitcoin price collapse. 3. RIOT's business model requires to upgrade equipment for life every 2 to 4 years to stay competitive with its mining operations. This is very capital intensive. 4. RIOT's break even cost will rise forever. This is unsustainable because RIOT would need to rely on Bitcoin prices to rise forever if it were to ever become profitable. 5. RIOT is potentially missing Bitcoins from mining operations. Have a look at my mini report and carefully follow my mathematical argument. You will notice the argument follows a structure known as deductive reasoning in logic. www.dropbox.com This report is far from being a thorough investigation into the company. My main focus was on the potential possibility that RIOT could be missing Bitcoins from its mining operations. Constructive criticism and rebuttals are welcome.Shortby TheSwingerUpdated 664