RIOT Testing Upper BoundRiot, bit overbought, testing upper line, expect reversal off the top fork, small chance it could be confirming new channel, will know in 2 days time.
RIOTD trade ideas
RIOT Potential BreakoutRiot testing short term upper bound. Look for potential breakout if price can sustain above upper red line. Otherwise back down to the channel.
BITCOIN RALLY CONFIRMED - RIOT TO TEST ALL-TIME HIGHSBitcoin tested 57k last night, and is now breaking through to the upside. Riot investors will see this bullish confirmation in the Bitcoin price, and send Riot prices soaring up to test all-time highs around $77-79. Options are looking attractive today, and so are those underpriced shares. Cheers everyone!
RIOT Stock - bullish momentum & the skyrocketing crypto movementA RANDOM TRADERS MONOLOGUE
If you ask me, we have a beautiful uptrend in the making and now is a good time to hop on the train, especially for riot. Skip to bottom to go to TA
First lets all remember: crypto is going INSANE, it is becoming super easy to mine, and this little golden nugget is one of the first blockchain financial platforms for crypto.
But what does that mean for me?
For those who do not like to trade crypto, but can't deny the crypto train, riot is a safe investment for the time being. You can even say it already has financial pairs that can be used as indicators, such as DXY, BTC, etc.
So do not bother trading crypto currency, begin investing in stock that is starting to become part of the crypto movement.
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TECHICAL ANALYSIS
RSI shows a leg forming, as well as maintaining an RSI above 60, indicating buyers are ripe in the market.
MACD is showing a gap that will be soon indicating our next official direction with RIOT. The yellow trendline on the chart is my indicator to begin thinking of closing my current buy positions.
To confirm the uptrend, the MACD will show volume green and a bounce from the yellow trendline upwards. The RSI would have to confirm by getting a higher leg up while staying within the green trendline.
We can also see that we got a nice VWAP over the EMA and in the upper bands.
RIOT ready to resume higher? RIOT has reset its RSI and has room to go higher past the local high in Feb. Not financial advice. DYOR
We need to close above $60 to put this zone behind usBTC has broken all time high, RIOT isnt following step by step but we do need to close above $60 to break out of this range
RiotThis name fallows btc like its little puppy. I think btc has being rallying ever since the srimolous package was announced. It will get aproved today so i expect btc to go down so this name will follow. Shortting rihjt at the open 57-60 . Just couple puts cuz you never know
RIOT: Midweek MappingRIOT: New levels in lieu of price action from March 9, 2021. It exceeded expectations quicker than I anticipated. The price points are supply/demand zones where price is captured/released. Let's see.
RIOT Blockchain - Bullish?Riot could rip to the upside if we breakout and confirm the triangle as support. RSI looks ok with MACD crossing over. This is not trading advice.
RIOT is recklessRIOT reacting to crypto and spiking good pre market for a gap play. I entered options right at open with confirmation from my buy signal and am just playing the breaks through each resistence. Can this retest its highs?! Set your stops and enjoy the day your work is done if you entered, let it run!
If you like this idea or my other ideas please feel free to let me know in the comments. Like/share. Great dip buy opportunity confirmed with todays price action so far. Play it safe!
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.
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
