$RIOT / 4H ChartNASDAQ:RIOT Decline in wave ((c)) is expected to continue towards the fibonacci target around 10.
RIOTD trade ideas
$RIOT / 4H ChartNASDAQ:RIOT is completing an impulsive fifth wave up (in Minute degree),
after a (w)-(x)-(y) correction in wave ((iv)).
Time for the post election $RIOTKey Stats:
Market Cap: $4.32B
P/E Ratio: 42.23
Employee Growth (YoY): +45%
Next Earnings Date: March 12, 2025
Top 3 Technical Reasons RIOT Will Go Up:
Bullish Flag Breakout: RIOT just broke out of a textbook bullish flag pattern on the daily chart, signalling a continuation to the upside.
Strong Support at $12.50: It’s bounced off this level multiple times, showing buyers are stepping in aggressively.
RSI Momentum: RSI is climbing but hasn’t hit overbought yet, leaving plenty of room for upside.
Top 3 Fundamental Reasons RIOT Will Go Up:
Bitcoin Resurgence: BTC is back above $100,000, and RIOT’s revenue directly benefits from higher mining profitability.
Institutional Interest: Recent filings show increased holdings by major funds, signalling confidence in the sector.
Infrastructure Growth: RIOT’s expanded mining operations and improved energy efficiency position it to capitalize on the next BTC bull run.
Potential Paths to Profit:
Option 1 (Lowest Risk): Buy shares outright and hold until the $15.86 target.
Option 2 (Moderate Risk): Buy $15 calls expiring in May 2025.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
It’s time to pump hardEnough time has passed in this inverse head and shoulder, and the spring is coiled for a nasty inverse right leg, which puts the price into the middle of the bull fib channel.
I think it’s notable that a crypto miner decides to raise in order to buy $500M worth of BTC on the open market, while at the same time rapidly expanding their own fleet of miners. It seems like too contradictory missions. Almost an admission that Saylor is correct, but think about the ramification. Obviously, RIOT is not going to sell BTC anymore if they are buying it in the open market as part of their new business strategy.
Bitcoin, all of a sudden, is not for sale. That’s what this signals to me.
riot chart looks good for a 10x long hereSupport and Resistance:
The stock is holding well above a critical support level, indicating strong buying interest at current prices.
A key resistance level is within reach, and a breakout above it could confirm the next leg higher.
Trend and Moving Averages:
RIOT is trading in an upward trend, characterized by a series of higher highs and higher lows.
Moving averages are aligned favorably, with shorter-term averages rising above longer-term ones, signaling strength.
Volume:
Increasing volume on green days reflects strong accumulation, adding confidence to the bullish setup.
Indicators:
RSI is trending upward but still in a healthy range, indicating the stock has room to move higher without being overbought.
MACD has recently shown a bullish crossover, highlighting growing momentum in the stock’s favor.
Breakout Potential:
The stock is approaching a breakout zone, and a move above resistance could lead to a strong rally. Conversely, holding above support will maintain the bullish outlook.
RIOT In 4h Time FrameCorrecting in an a-b-c zigzag formation as the Minor degree wave 2 is almost done. 4th wave of its wave ((c)) is ongoing now.
RIOT to started W-C of 2 ~$9 targetPretty shallow w-b so might not be finished yet. Could start w-3 of W-C of W-(2) soon. Looking for 5 waves down. Potentially close the bull gap on w-3 and then hit 61.8% on w-5. Long after that! Should finish around 61.8% around $9
RIOT Bounce IncomingRiot Currently in a bullish pennant waiting for a bounce from $11.00-$11.50 we may see once last rejection in the coming days then continue higher.
If we break below the support line of the pennant this will be invalidated
Diamond pattern, MACD and rising volume confluenceNASDAQ:RIOT
In my opinion, one of the strongest trading patterns, which the price broke in the right place. MACD made a bullish crossover and the volume is increasing. The company is related to crypto, so I think that if the BTC trend continues, RIOT will not decline. Since this is a monthly chart, I do not expect a jump overnight. I am in position.
RIOT - Dec 24 BTCUSD100K Part1BTC100K Plan
- Part 1: Once BTCUSD hits 100K, the plan focuses on purchasing crypto miners CLSK and RIOT. These two stocks showed a significant price gap between their current levels and the previous highs during BTCUSD’s last attempt at 100K.
- Part 2: After the crypto miners peak and start to capitulate, the strategy transitions to shorting Bitcoin treasury companies with weak fundamentals, capitalizing on their predictable pullback.
BTCUSD finally broke past 100K this morning.
- I started placing overnight orders for CLSK and RIOT in anticipation of a market opening spike as liquidity flows in. I used ADR% from the entry price to calculate the risk for CLSK and RIOT.
- I have pegged additional +1R risk for unknown variables
Lets start a RIOT! 150% Potential UpsideChart #3/ 40: NASDAQ:RIOT 🪖
-Need Bull Flag Breakout at$16
-H5 Indicator is Green
-Volume Shelf Launch
-Williams Consolidation Box Thriving
🎯 $21 📏 $32 ⏳ Before 2027
NFA
RIOT Descending Channel BreakoutTypically in the bitcoin world, descending channels break to the upside. This is because, since its inception, bitcoin has moved upwards in price. And most other assets in the space move in tandem. Obviously there are no guarantees and we can only predict price targets based on what things have done historically, so we shall see.
Riot Platforms, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Riot Platforms, Inc.
- Triangle 1&2 | Uptrend Bias
- HH&HL | Measurement Template Inflicted
- Retracement 1&2 | Center Low & High
- ABC Impulsive Wave | Hypothesis Wave Inflicted
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
RIOT clean flag break?I'm seeing so much here but something so beautiful. From recent rises to its share price I believe there is some support here forming at $12. This chart seems to be headed upwards and it was in a flag mode and broke out of it. Could be a nice long for $15 by 4/2025.
RIOT Bitcoin Miner Ready to Rock and RollRIOT Platforms has been crafting a remarkable inverse head and shoulders pattern that has taken several years to develop. With our linear projection, we’re eyeing a target of $92, and given the current momentum of the Bitcoin bull market, breaking through the $100 mark seems very achievable. I've also added a linear projection for your reference below!
RIOT et al big upside potentialThis is perhaps just hopium but with enough people piling into bitcoin IF President Trump does all the pro-bitcoin stuff he is currently talking about then I think it's possible. I'm hodling mining stocks for now and we shall see.
Riot next BTC halving to bull run road map
I already provided RIOT analysis ⏰ successfully top 🔝 & correction completed 🚀
Unfortunately 😬 my 2 posts got disconnected against trading view rules 📌
Again making complete analysis for next bull run 🐂
Before entering pls #DYOR
Below this post I will update you everything 🙂
So just follow and share post and save it by boosting 🚀 it 🙌
So if I updated anything in this macro correction or exit or crucial things u get updated 📌
Let's get started 📌
🧵👉
1 📌
Next halving 25TH APR 2024
expecting price $28-35 RIOT
2 📍
2025 jan-march range expecting bull run top 🔝 target 🎯💯
Then money 💰 flow back to
BTCUSD
to final top 🔝
.
3 📌
Present support zones 📌 ( BUY / ACCUMULATION )
$12-11.5 ( 20-30% 💰 )
$7.25-8.6 ( 40-50% 💰 )
Worst case 📌 $5-6 #imo not possible 😜
Stop 🚏 lose #SL :: month close below $5
.
4 📍
Resistance 🤥 ( selling / exit )
Before going sell learn 😃 about PRINCIPAL TRADE concept 👍
It's nothing but removing your liquid or seeing your liquid 💰 at that target or zone 📌
Only holding #profit either to rotate nor to be safe in this risk assets 🙌
Principal trade target 🎯
$25-35 ( expecting halving time )
Profit sell :: $52-84 ( even more possible but that time I will update you here )
Always be in a plan 😉 keep mind 🧠 with minimum target 🙂
Then ur emotions won't get hurt 🤕
❤️🔥
$RIOT about to play catch up to the upside?NASDAQ:RIOT has been consolidating in a bottoming wedge and looks set to break out.
I think we see a very sharp move to the $18 resistance as RIOT has serious catching up to do. I think RIOT and HUT will be the most bullish two miners for this next move up.
After hitting $18, we should see some consolidation before the next big move higher.
Not sure if we get into the $100s or not, but will update the chart as the move plays out.
RIOT: Buy back the next dip?RIOT pump along with overall crypto and general markets post-election, most likely completed full 5 waves sequence. There is a chance price can move a bit higher. Following this move, a correction is most likely get introduced by FOMC meeting. I will be waiting for a 3 waves move down to get back on this train for a larger wave 3 or C.
RIOTgreat falling wedge pattern will be exploded and wave (wxy) is ended
wait correction then enter with wave 3
enter point 9.80$ stop loss 6.20$ target from 17.16-17.25$
second target 19.73$ to 19.83$
RIOT: moving stop loss upRIOT is at a spot where only a 3 waves sequence has completed. If abc move is the end of this sequence, then there is no reason for holding on at the moment. But in case a wave 5 is due, we might still be in for some good size gains. So, instead of completely getting out, I have taken profit at wave 3 and now have moved the stop loss up right below Thursday low. The whole thing can be part of a larger ABC pattern or if we have a full 5 waves up, then it might be start of a much larger wave 3 sequence. So, I will try to keep some skin in the game. Leave a bit that I can afford to lose completely and not lose any sleep over it...
