Get started
RIOT PLATFORMS INC (USD)RIOT PLATFORMS INC (USD)RIOT PLATFORMS INC (USD)

RIOT PLATFORMS INC (USD)

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Seasonals

RIOTD trade ideas

RIOT RUNS ON BITCOIN LONGRIOT is shown on a 15 minute chart over the past 7 trading sessions showing 3 trends up then with intermittent consolidation then a trend dow. The trend down is the most important. Given the strength shown on the indicator demonstrating bullish divvergence I believe that RIOT is now set up for a pullback entry long either shares or options at this time. Let me know if you need trade specifics for either. See my other ideas for BTCUSD, MSTR, HUT, BITF and the rest. COIN is also worth a look as an earnings play. Buyer note- any of these could go into short squeeze if a decent upside price action sets things in momentum.
NASDAQ:RIOTLong
by AwesomeAvani
RIOT Buy the Bitcoin Pullback? LONGIOT on the 30 minute chart has pulled back 35% from its end-of-the-year high when Bitcoin made a bullish move. Bitcoin has settled down and RIOT has followed that trend down. the MACD lines are above zero while the RSI lines have settled in deep oversold territory. I see this as a good entry for a long position with at least 50% upside and much money if taking call options. As to the latter, I would look for a Juen expiration at a strike just below the POC line of the volume profile which is confluent with the mean long-term VWAP. My goal is a 500% return. The OTM call options are cheap enough to take several and then take partial profits each time Bitcoin reaches a pivot high over the interval and maybe pick up another when a it finds a pivot low.
NASDAQ:RIOTLong
by AwesomeAvani
1
RIOT: Bull and Bear ideasRIOT has made a V recovery once again, making the bear case almost obsolete. The primary and secondary trendline resistance has been successfully broken and right on the third trendline resistance at the moment. Let's look at bull and bear case and see when to enter the rocket to the moon. Bull case: If this is the beginnings of intermediate wave 3, then the current price action is at the start of Minute degree wave 1. We should see a higher high above December high and then a correction. The correction or Minute degree wave 2 cannot break below $8.61. After that we should see the strongest part of the rally which will be a wave 3 of 3 of 3. Ideally, after a higher low is confirmed, entry point would be above the previous higher high. We are looking at triple digit numbers, so it is OK to wait until we see a solid support above $19. Bear case: Bear case would still suggest intermediate wave 2 is still in effect. The correction just got a whole lot more complex. The current price action could be part of a B wave triangle where a C wave is still in the books, or it could be part of a larger Y wave that will take things down back to previous lows. At this point these two scenarios cannot be written off. Need to let some more time pass before the bear case can be completely thrown out. We should see a correction of the current runup in the next week or two. How that plays out will confirm which way is right. Ideally, a higher low and higher high on weekly will provide confidence on bull side.
NASDAQ:RIOT
by mukit1
1
$RIOT - week of 2/12/24Short-term bullish on $RIOT. Dependent on BTC action and market conditions. Looking for a hold over 14. Ideally, a retest of the ~14-14.25 range intraday Would target 2/23, 15c or 16c. I expect some chop and/or an inside day in the beginning of the week, so want to buy some time. May even look at March cons. TP1 @ 14.79 TP2 @ 16 TP3 runners @ 17 Recent uptrend continuation with volume, weekly bounced with strength off the TL Strength in RSI Daily and Weekly above all EMAs. Weekly just broke through 200ema with strength last week 9d & 20d EMA's crossed up above 200, working to continue upwards BTC over 48k during this write up
NASDAQ:RIOTLong
by D_Rockefeller
#RIOT Blockchain 3 levels of resistance to overcomeWhich I think it will slice through! #Bitcoin miners tend to follow big technical patterns really well. From the top you can see the massive bear flag that lasted pretty much all of 2021 all whist in the bitcoin bull market and non conforming disappointing price action the secondary bear flag in 2022 that led to a precipitous drop and now there is a potential, if we get strong rally to the $20 area ... we could form a very large inverse head and shoulders! Looks promising.
NASDAQ:RIOTLong
by BallaJi
3
RIOT: Choppy action upwards. Brace for impact!The bounce upward this week is looking choppy and corrective, keeping the bearish count alive. If this path continues next week, we should see heavy resistance between $12 and $13. The leg down afterwards should be the last leg on this downside, and we should see the entire crypto market come alive with intense impulsive drive when that is done. Right now, if we see a break above $ 13.75 and a sustained price action above $10, then things might start to look more bullish. Until that happens, shorting the resistance area would be the next play.
NASDAQ:RIOT
by mukit1
RIOT: Bounce incomingRIOT is going through a major rout right now. It has fallen much harder compared to BTC. At this point we should see at least a relief rally for both. Current price action looks like a larger wave C is playing out. However, we cannot completely discount the bullish case. The way to identify would be the pace and strength of the next move. If we see a choppy wave 4 type of price action, then the expected wave 5 to around $7.5 area should play out in the next few weeks. If we see a very sharp reversal the takes price above $13.75, then something else is going on and will need to switch to the bullish count. In either case, a buy signal should present itself in the coming weeks.
NASDAQ:RIOT
by mukit1
Riot wait buy and waitRiot a share in every crypto portfolio. I am assuming an entry period of the next 4 weeks. Compared to many short fans who see Bitcoin in further depth, I am firmly convinced that we have been in the bull market since September, exceeding USD 25,000, and that the market will not allow a major price decline. I'm betting on Riot in this crypto bull market. I am pursuing the entry target of a bullish Gartley, and the first targets have been chosen accordingly. Wait, get in, wait and get out. Good luck and success
NASDAQ:RIOTLong
by WhaleWaveSurfer
RIOT Breakout! 33% Gain potential RIOT is basically a crypto mining company. Bitcoin right now is breaking to highest levels since 2022. RIOT's balance sheet is positive with more assets than debt. RIOT recently spent 290 million USD on purchasing new and advanced bitcoin mining rigs as well as a contract to buy a lot more of those in the future with MICROBT. Technicals show breakout after breakout, with a fresh breakout recently above 13.80. Stop loss is placed below second horizontal support around 12.50. Take profits are allocated around key resistance levels on the way up. Indicators show bullish momentum with plenty more fuel to go. This is a potential swing trade. Best of luck and feel free to ask questions!
NASDAQ:RIOTLong
by Exactus
2