RIOT: Projections towards the upsideRIOT: Projections towards the upside considering BTC price push upwards. Pre-market movement must sustain tempo for the open/day in order to re-establish higher price shelf. Let's see.
RIOTD trade ideas
RIOT Blockchain - undervaluedRIOT is currently undervalued and oversold when compared to its peers and the price of BTC.
GO LONG - BITCOIN IS A ROCKETSHIPWe cleared the dip, the stimulus has passed and Bitcoin supply is at an all time low. Combined with last week's overcorrection to the downside, the stage is set for explosive growth here, and I see bargain basement prices on Shares and Call options. Live long and profit!
RIOT....rioting alright!Again, good concept, but no need no need to to rush in.
Trade markets...not concepts alone ..so wsnt price and underlyng supporting each other... not just..pump-dumpy and earnings around the corner!
Market Selloff stabs RIOTI've been sitting on the sidelines, thought $40 was a good buy point and got back in some. Went down to $34, looks like that zone bottoms at $33. If it breaks below that level who knows where the bottom is, $27, $21 then $14 worst case scenario. We do have to consider market conditions on this selloff, its a bloodbath out there right now. I'm long RIOT from here, I think its oversold at this level.
Lets see if RIOT holds the $48 it just retested... H&S Invalid if it breaks $40 support. My personal opinion it needs to eventually get back up to $80 to form some type of Cup and Handle.
Not an financial advise...
Likes and comments appreciated. Thanks!
CRYPTO BUBBLE POPPED. RIOT IS TRASH ON FIRE. SELLJust like the title says. ALL OUT SELL ALERT. BTC is crashing. The Crypto bubble has popped.
RIOT: $167 COMING SOONI THINK THE CHART SPEAKS FOR ITSELF ON THIS ONE......EITHER WAY, GREAT TIME TO LOAD UP ON THIS AND HIVE BLOCKCHAIN ESPECIALLY (HVBTF)
RIOT BlockChain Priced In BitCoin!RIOT is a BitCoin mining company so the price closely follows bitcoin in most cases, but the added valuation and specualtion, in addition to the accessibility to standard markets, makes RIOT a great proxy so long as the reversal we're seeing on this chart continues.
Nice break to the upside. Let's see if we can hold support.
IdeaCurrently at gap resistance
I think that gap wont get filled for now maybe later . If it does .open short at 60
Riot channel tradeBit coin has found support.
Riot right now is under some resistance point that I would like to see it break through before entering.
its currently under: Fib .5 at 48.12/ Split channel (redline)/ Downtrend (yellowline)
Entry 48.50
stop loss 48.00
Future targets Fib (green lines)
weekly #RIOT looks scary enough to Buy?!Massive bearish engulfing candle. Would wait for some SOLID support before entering with stop loss (maybe $30). remember #RIOT being $2.50 a share? Not an financial advice!
Riot heading back to Role Reversal Testing Support?!Finally took profits on #RIOT couple weeks ago @$77 after a parabolic move up and got stopped out @$58. Was HODL since $3.50 and was actually sad to let it go. Anyways, just waiting for solid support to get back in!
Buy limit @ $30 FYI. Also posting weekly to cancel out Daily noise for better view next couple weeks. comments allways appreaciated! Not an Financial advice... Trade on own risk... blah blah
$RIOT round trip rip Called short from 68, same set up as my $MARA short that worked really well, now we bounce it, look for a small bounce then drop to price reversal zone, or gap down, i am keen to that 20 day ma, looking for volume at red to green trigger (D leg), see $JD $MARA shorts, in $mara plan i said in notes you could apply same trigger, for short on $RIOT, the price action is very much the same in the two names
RIOT Cross under 50, 200 sma bullish pattern detected on the 5d5d chart shows a cross under the 200 day sma and a ounce right off the nearest support. the trend line from its initial break out last week shows a nice symmetrical triangle forming and converging right above that same support. given its volatility and relationship to BTC however, its always plausible a breakdown under this support and settling in at the mid 20's range is never out of question. but given the trend here and what seems to be relatively stable floor for BTC, we can expect more likely a breakout ot he upside in my opinion.
This is a risky derivative, use caution and do your own DD, NO finance , No Financials here
Is this the right time to take profits out of RIOT?Let’s review my analysis on RIOT
1st- Nov 5,2020, Long: price : 3.81 (target 46 in 1-2 years)
2nd- Nov 10,2020, long : price 3.34
3rd- Nov 13, 2020, Long: price 4.08
4th- Nov 17, 2020, Long: price 6.08
5th- Jan 31, 2021, Long: price 20.52
After 14900% gain in less than a year RIOT has just touched the upper border of the quadrant channel and early sign of reversal appeared today!
IMO: cash out the primary capital and a big chunk of you profit, keep some free stuff if you think there will be another bullish rally. From the early days I said this will outperform Bitcoin in a bullish rally. Honestly, I couldn’t imagine it would be 12 times better..!
At this moment I believe it couldn’t outperform Bitcoin any more..!
Moshkelgosha
RIOT Is Still a Good BuyThe market dipped today and I regret not buying RIOT earlier, though I am already up 10%. However, I believe RIOT will likely continue going back up to its previous value of around $65. First, there is bullish deviation in the one month RSI (As shown). Second, the stochastic is indicating we are oversold and are about to trend up. Third, the MACD looks like it is about to cross and go back to being green, and is thus indicating upward movement. Lastly, I believe BTC will rapidly recover from today, as it has done in the past. I still have stop losses placed, granted they are placed such that if they activate I will be taking profit, but I am pretty confident RIOT will continue to recover.
Disclaimer: This is not financial advice, and I am not a professional analyst. I am just a retard who likes looking at pretty graphs and gambling with his hard-earned savings.
RIOT for 2/22We need to hold above $68 tomorrow. Bullish long term but it looks like RIOT is finding its place. BTC hit new highs over the weekend and I think a key level on it is $56700 vs $78 RIOT. We might have an interesting open, I'm looking for a rise in BTC above $57k to add here if RIOT gets above $78. RIOT right now is figuring out its place, the short term holds are the ones that will bail on any weakness. If BTC isnt strong we will have some chop tomorrow. I like the 58-60 zone to add more right now. Towards close of trading if it holds above $68, I might add if the market overall isnt a selloff.
So Sideways day: No change
Holds above $68: Add some
Above $78 and hold at any point: Add some
Below $58: Short term bearish
This is being posted before after hours trading opens. If we get a run up overnight with BTC, look for a selloff on the open back to fridays closing price and watch for a move back up. Stay away from options expiring this friday unless you are confidently day trading. Give yourself a couple weeks or more on any positions, from this price level up is a longer term play. There could be more pullback possible!
RIOT ProjectionRIOT: Honoring the consolidation on current price shelf. Squeeze on more acute time frames could show reestablishment >74.26 after testing KL of resistance of 73.30 ; < 70.28 could see a test of KL of support of 66.03. Will be interesting to see how price action develops after maintaining its current range and with the movement in BTC.
