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RIOT PLATFORMS INC (USD)RIOT PLATFORMS INC (USD)RIOT PLATFORMS INC (USD)

RIOT PLATFORMS INC (USD)

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RIOTD trade ideas

RIOT - WATCH THIS SUPPORT TREND LINE AND CHANNEL FOR NEXT MOVES As a BTC mining stock, RIOT SP and BTCx are correlated, so the sharp fall in BTCx prices made RIOT lose 13% last Friday. RIOT is currently moving along a rising channel (defined in green colour in my chart). The current trend line (in bold green) is acting as the main support for this stock. RIOT SP should fall to this line and bounce back up quickly if BTCx shows its recovery on Monday / Tuesday. If BTCx lose its strength and keeps going to fall in the next weeks, the current trend line can not hold RIOT. As a result, it will fell off its base and start a downtrend in an immediate term. The next support levels below (in blue on the charts) So investors should keep a close look at the reaction of RIOT when it touches the current trend line for the next moves. My idea can be 100% wrong, do your own DDs before entering to any trades.
NASDAQ:RIOT
by HannahN1512
4
RIOT bullish falling wedge!As many of my followers know, I am typically not one to talk about stocks (as my username indicates, I largely talk about cryptocurrencies). However, I do typically make exceptions when the stocks deal with crypto and/or blockchain. In this example, I want to call out the falling wedge that has occurred with RIOT blockchain. Since the all-time high (ATH) at the beginning of 2021, the price has falling over 85% to the bottom of what looks to be a falling wedge that is forming, which is often a bullish sign. This bullish trend looks further confirmed by MACD forming a nice "reversal" divergence (dotted white lines on price and MACD) indicating that a reversal very well might be in order soon. There is still some downward potential however, and the general market for both stocks and BTC could easily drag the price of RIOT further down, however, the trend for now looks like a reversal is at least possible for RIOT. But as always, this is just my opinion and in no way should be taken as financial advice. However, please like or comment if you agree or see anything in addition.
NASDAQ:RIOTLong
by crypto_trends
1
RIOT Calls *Not Financial Advice* *All Speculation*Looking to buy Call options for RIOT. Depending on how BTC reacts to 38000 resistance level will be the determing factor to if I buy these call options. If we see a break at 38000 then RIOT will more then likely trade down to $10 a share, this is where im looking to buy in. However if we see a reversal at 38000 then RIOT will likely trade into 11.5-12 zone. If we dont see a reversal at 38000 then im speculating market will retest at 36000. The exact play im looking at is a RIOT 11.5 Call Expiring May 6. Entry zone is $10 area and Exit Zone is 11.5-12 area.
NASDAQ:RIOTLong
by BigCEO2022
RSI Signalling Riot Blockchain Oversold. Earnings Incoming!> Riot Blockchain has been dragged down by the greater tech market sell off. Bitcoin is still holding up. Considering the correlation Riot has to Bitcoin's price, this provides upwards momentum. > The Nasdaq is falling into daily and weekly Oversold RSI levels. This increases the likely hood of a bounce in equities, suggesting upward momentum in Riot. Earning season is in full swing with many earning releases due in May, including Riot's May 16th release. Fingers crossed that aggressive expansion plans will not damage their earning results too starkly. > Still awaiting the Crypto Miner FOMO. Likely to repeat when Wall Street and Retail, look for the highest return potential. >>> Market thoughts: > Check out "Game of Trades" on YouTube for some interesting market takes. Especially promising charts and correlations to consider in your Market outlook. > 2 year bond yield looks like it topping, signalling return to SOME risk taking.
NASDAQ:RIOTLong
by FortunaAlgoAnalytics
Riot Blockchain solidified support for a move to the Upside.Riot Blockchain has been overlooked over the last few months. As Clearly seen on the chart, the correlation to Bitcoin's movements is closely correlated. > I Believe that an ascending support line, has been tested multiple times by both Riot Blockchain and Bitcoin . > With significant momentum driven by earnings season. Earning season is providing significant upside potential for all equities, especially in the Tech Space. > Combined with Bitcoin's Recent strong upwards momentum, from yet another confirmation of strong support. > We are likely to see a rapid rise in the price of Riot over the next few weeks. I think this is an ideal range to DCA, at the lowest risk level we have seen Riot Blockchain range in for a significant time. 1) Be greedy when others are fearful. 2) If you believe in a Companies business and promising future outlook. Don't let a discount be the reason NOT the DCA in lower. Especially in a stock you believe will be significantly higher in the long term. 3) Riot's fundamentals are one, if not the strongest in the mining business. With huge mining capacity coming online over the next few months. >>> Eyes on the Medium to Long Term Chaps <<< Just one Long term focused Investor/Traders Opinion, not financial advice.
NASDAQ:RIOTLong
by FortunaAlgoAnalytics