RiotSmall pull back here upon first rejection of 56.30 area. Didn’t expect to get it on the first try. Back testing old resiatnce as new support. Can it flip to support? Time will tell by Erictaylor0
RiotSo even with this extreme bullish sentiment that riot is in I want to put out there thst 54$ is either massive support or an area of Support that has been hard for riot to hold. I want to see this hold as support which so far it is doing and we got a great bounce from. We are hitting strong resistance above so I wouldn’t doubt if we bounce between 56.30 and 54$ for a little while until bitcoin breaks 60k. 55.11 is the 200 ema on the hourly but we may go sideways annflag out to reset some oscillators. It’s possible for us to run of course with earnings but the biggest gains I’m expecting is next week if Btc breaks out next week 55.78 was my first target which was hit. 56.30 is upper trend line and above that is 62.05 as upper resiatnce which will be difficult to get through by Erictaylor0
Bullish Continuation > $BTC $RIOTEarnings on the horizon, there's a lack of confidence here.. Don't forget the meteoric rise during Q4 of 2020 (165% Gain Alone). We can see we are still in an uptrend. We can see rejection off 20 Day EMA. We can see neutral RSI, and potentially bullish Stochastic RSI. Bitcoin is also doing well this week, and will have a strong April, as we are entering a new quarter and the end of quarter rebalancing for funds will ease. The only risk on the charts is a potential Inverted Adam & Eve formation (double top), although, I'm not certain it's valid given the 22% difference from the initial peak.Longby TheTraderAndyUpdated 663
RiotJust starting to break longer term resiatnce e here. Still have to face 62$ resistance but 54$ level is a huge resistance if it can flip to support. Have been long since 4650 and added at 49.86 like we discussed with calls as well this morning I placed more. Let’s gooooby Erictaylor773
RIOT running again! - Chasing Bitcoin to All Time HIGHSOptions and shares will pay well in RIOT this week. We had some lag in the price yesterday while investors watched Bitcoin anxiously. With the bull run in Bitcoin confirmed, Riot is undervalued, and gaining slowly, but that's just for now. Don't miss out on this one, because it's going to print that money. Cheers all, and I hope you're all eating well.Longby MisterAntiVirus995
RiotPlayed the breakout of the falling wedge at 46.50. Keeping stoploss at break even. May add to position if we can flag out or close a 4hr with volume above 49.87. So far breakout of this pennant but has faked out a lot. Keeping a close eye on this guy. Main larger target pattern resiatnce is 63$ resistance with overall target of 107$ but really depends what BTc doesn’t here i am holding over 40 shares of RIpT so let’s see where it goes by Erictaylor114
Bitcoin to reach Alltime High - RIOT set for a bull runUpside price target in the 80's for this week! We're at the beginning of an awesome bullrun to catch up with Bitcoin in the 70K rangeLongby MisterAntiVirusUpdated 3
Riot could drop to $30 to fill a gapRiot could drop to $30 to fill a gap before jumping to $100Longby altcoinnerd4
Long | RIOTNASDAQ:RIOT Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%, TP1 ~64, 68, 75 CALLS for 26 March Strike 78$Longby shksprUpdated 441
028. PIGGISH PLAY - Short Riot Blockchain, Inc. (RIOT)Simply put, RIOT's share price is mostly a function of the price changes in Bitcoin and the price changes in the Nasdaq. Thus, if it appears that both of these asset classes are breaking down technically, it follows that RIOT will do the same, but in a synergistically bearish way. The correlations displayed at the bottom of the chart speak to this conjecture. Technically speaking, both RIOT and BTC appear to be completing terminal impulses in the Wave 5 position (on the primary/cycle scale), as we speak. The implications of such a completion are near-immediate retests into the Wave 2 area of the same degree. Hence, the rules of wave principle are guiding this trade with additional certainty. Plus, it is a fantasy to think that this company could stay aloft for much longer regardless of the underlying structural conditions of either BTC or NDX. Now then, onto the Pig Specs for option selection. Pig Specs: Buy PUTS: (Expiration: 4/1/2021; Strike: 60) Entry: Wait for an hourly close below 60.00/share and then launch the contracts specified above. The relative discount of going out of the money is not worth the additional risk of getting there in this case, IMO. Exit: I would make this a quick trade and profit all once the share price hits 45.18. I foresee actual riots forming in the streets once the stock market starts the heavy selling process. If I could, I would short those too. The moral of the story is to always short riots. -PissedOffPig NASDAQ:RIOT COINBASE:BTCUSD CRYPTOCAP:TOTAL CURRENCYCOM:US100 TVC:NDX TVC:IXICShortby UnknownUnicorn5511258Updated 6617
RIOT. Riot. riotEarnings coming up and it could go either direction when the trend line meets at the symmetrical triangle. Volume needs to be picked up as today it was around 1/2 of the average volume we typically see in RIOT.by modalinterchange1
Short RIOTThe "return to normal" bubble rally has failed below a well defined support. Target $10Shortby vandmedUpdated 221
RIOT Critical Update!IOT has been trending in this parabolic wedge for over a month, and a retest of support seems imminent. Not only would it fill the gap created overnight, but it would also create a hard floor, something we very much need. RIOT will break out of this wedge by the end of the month and I am expecting this to result in a retest of the $80 highs set in February.Longby velocitylabs885
Bitcoin and some altcoins this morningLeaning bearish short term with expectation that the 42k bitcoin is still the low in the larger scale. ready for a reversal if we see some strength. go over bitcoin, ethereum, cardano, raven, RIOT. not financial advice02:42by cryptowaveman1
RIOT Resistance CurveI drew a parabolic curve here because even though they are more common on cryptocurrencies, I do see Riot Blockchain going parabolic in sympathy with bitcoin.Longby velocitylabs4