Running RIOT, potential 10x incomingAs you can see utilizing Elliott and some indicators, RIOT is getting ready to potentially be a great buy. The RSI is oversold greatly, about to nail support, and the fibs line up great. There is always a potential to be wrong, so manaeg risk appropriately.Longby NoScopeDaddy229
RIOT Blockchain retesting reclaimed heightsHi traders, looking on weekly chart Riot Blockchain looks to me like previous highs are being retested. I'm being cautious about further development, if the price drops below the green line. What are your views? Please share in the comments! Cheers! ~sharing views, no financial advice ~by Capriccio332
Riot and Mara bounce inbound - Accumulate before earnings!Riot and Mara are trading way below fundamentals today, and this is an incredible bargain as both companies are set to post record earnings soon. Bitcoin is surging today as well over 58,500 and set to make a run for brand new all time highs. Seize on this massive opportunity today and rake it in for the next two weeks. Cheers everyone and I hope you and your families are eating well.Longby MisterAntiVirus7711
Riot pitchfork and circle possible targetsRiot pitchfork and circle possible targets are in black on the top right side of the chart.Longby john005661
RIOT: Buy, buy, buy.Hello all, According to my TA on RIOT, we should see a breakout some time soon, more than likely towards the upside. RIOT is respecting the golden ratio. Once it breaks through the descending triangle, we should see a retest against the descending triangle before lift off. My short/mid-term TP is $60.76.by CryptoArom4
RIOTBounce back to higher edge of trend. D1 Divergence Bottom starting to form on WK Target $49.62 Longby TrippyStickzUpdated 221
RIOT great risk reward and technical setup See chart, Technical and fundamental analysis is 100% here. RIOT is 100%{/b} of my entire portfolio here :) Should bounce here all the way up to 50+. If it breaks the trend, this can gap green QUICK. GLTA NASDAQ:RIOT Longby itscabe_carson3
RIOT Bull put spreadRIOT Bull Put spread 37 sold 36 bought, 7 DTE, 25% ROI Earnings isn't until May 17 BTCUSD 1h is sideways trend, testing 1h supply, broken downward momentum line, with a new RBR RIOT Strong sell off into March 25 demand zone 1st touch was into proximal edge 2nd spike down yesterday could just be momentum continuation Pullback into 5min buying zone, unconfirmed demand Passively selling off on 5m chart today, almost touching the origin base 5m chart VPOC 5 min chart double top highs this morning makes me think there's more weakness above aggressiveness below. It all depends on the current level at 43 actually holding with buyers stepping back in. Short strike is 37 tucked into next demand zone down with an aggressive imbalance from Mar 9 I think the current demand zone at 43 plays defense for me and if buyers can reverse momentum and remove supply at 50 it'll be a great trade If not, I've got the Mar 5th zone as backup defense. With thanks to @ThetaTrades @alleytrader for the ideaby claypuzzleUpdated 1
RiotZoomed out veiw of what I am seeing here. Getting down to the nitty gritty to decide which way will we go!! Pattern is almost at apex by Erictaylor775
$RIOT. Saw a blockchain appear in scan. Thought that was cool.They sell crypto-mining computers. I'm remembering when I wanted some affiliates to do crypto-mining with me back in 2017. The people I talked to thought I was being stupid, or I couldn't do it, or idk it's not really worth guessing. How am I constantly talking to the wrong people? *He wonders while polling the public of tradingview* Longby emehoke556
RIOT - has a bullish setup to rally targeting at least $64The consolidation off the high made in February 2021 looks like a complete triangle structure. Subwave E down overthrew the lower support but from time to time that happens. The first target for this move up is 66.7% retracement (the Red Box).by CastAwayTrader5
$RIOT Target PTs 61-65-79 and higherBullish Pennant, continuation patterns Riot Blockchain, Inc., together with its subsidiaries, focuses on cryptocurrency mining operation in North America. The company primarily focuses on bitcoin mining. As of December 31, 2020, it operated a fleet of 7,043 miners. The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017. Riot Blockchain, Inc. was incorporated in 2000 and is based in Castle Rock, Colorado.Longby BADQOMOCAWGOWLD111
Closing: RIOT May 21st 25/30 Short Put Vertical... for a .45/contract debit. Notes: Hit 50% take profit today. In for .91 (See Post Below), out for .45, .46 ($46) profit per contract, 11.2% ROC as a function of buying power effect. With earnings in 11 days, money, taking, running ... .by NaughtyPines227
RiotLet’s see if it can hold above 42.10 area as new support !!! So far tapping 200 ema at 42.90 area by Erictaylor0
RiotSo a while back we were very bullish on riot being in a very bullish consolation. With the massive rejection at 62 getrinf stopped out of positions I had a new ide that it could turn into a descending traingle which is bearish although can still break bullish. After the wick to the bottom side shaking many people out, it could be flagging here making its may to retest descending resiatnce. It’s catching resiatnce on the 4hr 20 ema. The top of flag resistance is 42.15 if we can confirm support above here we could have a good move up. 47.12 would be breakout of triangle in my opinion so if you’d rather wait for that don’t blame ypou. I by Erictaylor111
RIOT - GETTING READY FOR A RALLYRIOT has been beaten down pretty bad and had a pullback as far as 33.30 area which was a -58% pullback! There's a major support at the 34.20 level which would've been a perfect entry but I think there's more room for this to move. We are also forming a ttm squeeze on the 4hr and it looks like it's setting up the same way it did when it had a pullback back in March 9th. It's hard to time a perfect entry but I think this is a good starter position in this level having that we've identified a good support level which can identify the risk and I've set targets for taking profit. A couple catalyst to watch out for: - April 28th-29th: Pres. Biden + Fed Chair. Powell speaking regarding the fed reserve policy as well as a follow up to the capital gain tax. - May 17th: ER Contract Suggestions: RIOT 5/21 55C @ 1.57 or RIOT 5/21 60C @ 1.07 Average down areas: - $39 (gap fill area) - $34 (major support) Stop loss: Below 33.50 NASDAQ:RIOTLongby Ross-Santos6
How to buy high and sell higher (applies to many stocks)After I started understanding and recognizing this pattern it has helped me to change my "buy low sell high" logic many of us have embedded into our habits. Buy low sell high is great but what about when we miss the initial move(s) ?? I have come to find that that does not always mean you are necessarily "missing out" .. First of all, there should be a catalyst when see these big moves up in stocks and that's smart to identify. RIOT has had a catalyst in the form of it's margins and earnings growth as a result of bitcoin's rising value and as a result has entered a period of exponential growth. In my opinion, the best time to buy after a big move up like this is NOT the dip. This is because if we are buying the initial dip going into staging area, we then have no confirmation of uptrend continuation (it is entirely possible for stock to plummet into distribution). It's also because after a dip there is going to be lots of buyers who entered at the prior high, many of which are trading with no game plan that will be watching their losses increase ready and happy to get out as soon as their losing position is at or near a break even price. Many of these "dumb money" buyers who entered at the top will sell at/near their cost as the stock recovers from the dip and thus provide overhead supply which will push the price back down. Not to mention there will also be the buyers of the dip who may also be selling then too . The process will probably repeat multiple times before the next move up too , but with smaller moves up and down . Also , at some point the catalyst that is helping the stock move up will subside and the stock will eventually enter a distribution cycle . To summarize , in my opinion, the best time to buy this kind of event is at the end of the basing periods just as the stock gives us a confirmation of uptrend by moving up with volume . Notice the volume reduces throughout this staging/basing period as the supply reduces and the weak holders are reduced . The volume is not always as evident as this particular chart and sometimes there will be more moves up and down as the stock contracts but as you may agree , the goal is not to buy low and sell high with this pattern . It is to buy high and sell higher. You can of-course buy the dip but at that point you don't have a confirmation that the stock wants to keep going up so you are reducing your possibility of success. In any case , don't omit your stop loss and respect a healthy risk/reward ratio . To be clear , this is not just for RIOT, this is an entry method that can apply to many stocks .... Good luck ~ Educationby NAK1987Updated 151511