1RIOT trade ideas
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!
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!
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.
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.
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