Updated target for RIOTWith recent surge in Bitcoin price, RIOT will test its last all time high, if it can pass 85, the next target will be 100 by March end or early April 2021.
RIOT trade ideas
RIOT Buy H4 On Monday pushafter 15 day correction you can see price get strong key level where price was rejecting from up to down many times on 10 03 21 13:00 candel price get strong action and close above key levels i think there start new ATH run at price target 90-100$ per share
PS.
1. stimules come
2. btc have global uptrend
3. riot start local uptrend
4. btc price target near 70-75K
i have open some long positions at 10 03 21 13:00 when candel close above key levels
Bull Flag pattern on RIOTTextbook bull flag developing on Riot Blockchain. A daily close today above $52 is a confirmed breakout. Next week the breakout is at $42.
Target for the pattern is (high - low of the flag) + the breakout point. $79.50 - $16.75 = $62.75. If confirmed this week = 62.75 +52 = $114.75 price target. If next week $104.75
riot still holding puts i bought at the open at 57 yesterday this is not a trading advise or recomendation. this is simple idea
Market is struggling today, be carefulI neutralized my longs, we are having trouble getting higher right now. Not saying we are going to fall out of bed today but its looking like we might have a pullback in the works a few bucks. Ideally I think a pullback to $55 would be healthy and set us up to push through $70 next week
$2 calls end today.Thank you Riot for presenting these long opportunities to help fight inflation, From $2 you shot up and gave us tesla money. As my options come to a close i hope that everyone has enjoyed the ride since november.
RIOT: Bullish Flag, confirmed (132PC)Bullish Flag, confirmed (132PC)
Pros:
Volume at post
Descending volume during flag forming
Volume at break out
PPS above 50MA and 200MA
R/R ratio above 7
200MA ascending, barely
250RSI above 50
Cons:
RS above 0, but flat/descending
ATR Flat
Target:
PT = 110.90$
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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.
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!
