1RIOT trade ideas
October and November OTM Put Options Looking Pretty Good HereI will be getting the monthly put options at strike 24 dollars from here in anticipation of a bearflag breakout as i think btc and riot will see the 200 week moving average again.
Botched trade.Well, I F'd up on this one and just gave away money. I am still convicted that the price of Riot blockchain will get to $40, but right now I am going to look at other stuff as I am just human .
Riot BLockchainThe explanation is in the chart. But I am very bullish on all bitcoin mining companies and this recent dump has provided a great buying opportunity as we have immediately have bounced back finding a great entry for not only crypto but bitcoin mining stocks.
RIOT make or break week Calls or puts depending on direction it takes this week
---> PT's both directions on chart
---> $40 key breakout level NASDAQ:RIOT
$RIOT Weekly Wyckoff Phase E IncomingRiot looks ready to enter Phase E of the wyckoff accumulation pattern on the weekly. Watching for a break over $39 and a move up to $48 in the next few weeks.
Strong rejection at $39 but holding the EMA cloud nicely.
With BTC above $52K my bias is to the upside this week.
Riot Seems to be making a double bottom here. Getting a bounce off 36$. Needs to break above 39.40 for a big move. Could be a bull flag inside this clear ascending wedge. Might be worth it to nibble here with a stop below 35.50. Just keep in mine 39.40 is huge resiatnce
Lower ascending triangle support is 33.75
Riot This could
Be attempting to breakout here. Needs to hold support above 38.28. Very volatile, but a big move could be on the horizon… keep a close eye on RIOt as we breach the resistance of 38$ again, potentially holding support above and back testing for the first time. If we do lose support for this 38$ region, it could be another fakeout so tread cautiously however it is looking like a strong set up
Resiatnce above is marked. Target is 51$ however we Wil run until a few key areas if we do get this breakout along the way
RIOT - Looks like to broke outFollowing Bitcoin pattern.. Looking bullish.. Bitcoin poised to hit $100K+ by EOY and these miners will reap the benefit
RIOT. blockchain stock. looks ready to run.RIOT just has to clear a little bit higher then it will likely be a runaway train.
Take a look at MARA. You can see it has a really similar price story, and it is tilted slightly more upward. MARA was the definite winner between the two stocks at this stage, however, it looks like both have support from the bull community.
RIOT quick short, long term playRiot looking to swing down on the bottom of the wedge and the volume shelf. Looking to short to 32. Although, I am bullish longterm as crypto becomes the standard.
GOOD OPPORTUNITY ON RIOT IN THE SHORT TERMRiot Blockchain, Inc. is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States.
This asset is directly related to the Bitcoin price trend. At the same time, it offers less risk than the cryptocurrency market.
The trend seems to want to reverse its trend in the short term. Great scenario for different investment strategies. Operations with different interesting risk-return ratios.
$Riot, Good play is yet to come.!$Riot, we should wait for a proper set up to come knock at our doors than forcing any trades. Chart clearly states that we should wait and let the stock give us a good trade.
How to profit from short squeeze by swing trading$Riot, NASDAQ:RIOT the price may test the level @40.28, the ideal entry would be at when the price consolidates ta the area of 40.28 NASDAQ:RIOT
Bullish on $RIOT after 9/3 earningsBroke out of descending resistance, but held historic support line. Very simple but bullish pattern, has proved buying pressure at supply zone and denied downward trend. BTC price action and upcoming earnings should prove to be a worthy catalyst for a run toward $48, at 0.5 retracement of it's initial rally.
Riot blockchainLong term long for all blockchain companies I think personally.
We will see how it plays out over the years.
Riot_Entrydecent bullish reversal on the candle stick after a break down for this stock and have a M pattern on the stochastic but the bearish angle does create more downward momentum...do not see this breaking past the 60fib but still a decent spread
Riot Blockchain Bounces at the 200-day SMACryptocurrencies like Bitcoin and Ethereum are climbing. Meanwhile, related equities like Riot Blockchain have barely moved.
The main feature on this chart is the rising 200-day simple moving average (SMA) – perhaps the most popular long-term trend indicator. RIOT touched that line yesterday and is bouncing today.
Next, notice how the 50-day SMA has come down to approach the 200-day SMA, but never crossed below it.
Third, consider how RIOT’s 8- exponential moving average (EMA) has remained above its 21-day EMA.
Finally, notice how stochastics recently hit an oversold level.
Overall, RIOT is a volatile and fast-moving stock. However, fluctuations have calmed in the last three months and prices are now tightening into a range at a key long-term support line. (The shares have also barely moved in the last month, relative to Bitcoin’s surge.) It could offer equity investors a means to participate in the cryptocurrency markets.
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$RIOT Analysis & Key levels$RIOT Key levels
I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support levels…
Red = Key levels
Green = resistance
Blue = trendiness
If you’re holding ONLY add at key levels. It is never wise to catch a falling knife without a plan.
Here I’m keeping an eye on that blue trendline that is just a little below here…
riot w3 swingfollow up post to my last prediction (view it at the bottom of this text)
catch riot at $29, and ride it all the way up to $69
could hold it longer if you'd like, to around $200+
my trade though, is a shorter term trade to cash in on this upward volatility.
crypto miners will outperform ever asset class combined in the stonk market
position yourself accordingly ~
TrendyTrades: RIOT BounceBeautiful price action pulling back to 50% retracement and also confluent with a uptrend-line. Check your sweeps programs for more confluence as this look like a good setup.
