Earnings coming up and it could go either direction when the trend line meets at the symmetrical triangle. Volume needs to be picked up as today it was around 1/2 of the average volume we typically see in RIOT.
News has never been better for BTC! Between banks and hedge funds adding it to their portfolios, many digital payment services adding it, credit/debit cards planning to transact with it, companies adding it to their asset sheet, Kevin O'Leary & Elon Musk (+ other celebs) tweeting about it, and of course more stimulus money. I'm guessing we'll see some major...
IOT has been trending in this parabolic wedge for over a month, and a retest of support seems imminent. Not only would it fill the gap created overnight, but it would also create a hard floor, something we very much need. RIOT will break out of this wedge by the end of the month and I am expecting this to result in a retest of the $80 highs set in February.
Leaning bearish short term with expectation that the 42k bitcoin is still the low in the larger scale. ready for a reversal if we see some strength. go over bitcoin, ethereum, cardano, raven, RIOT. not financial advice
I drew a parabolic curve here because even though they are more common on cryptocurrencies, I do see Riot Blockchain going parabolic in sympathy with bitcoin.
Bit of a slow day in the markets today. + BTC down 5% The trend still follows and we have yet to hear news on the 3rd set of mining rigs. Oversold today (-10%) so expect there to be a bit of a rebound tomorrow if everything is perfect. I'm still holding long on this stock. We can't expect crazy things to happen within the next month but we sure as heck seeing...
Bitfarms has 30% higher hashrate than RIOT does. With an uplisting expecting to a major exchange in coming months, the growth of the stock on fundamentals should put it on a higher valuation than blue chip miners. Long term plans for Bitfarms plan to grow from their current 1.3 EH to 8 EH by the end of 2022. Additional growth in BTC should drive the price even...
We're back in a range again, getting repelled by the $68 level. We need a close above here to move on.
• Non-fungible tokens (NFTs) have been dominating the media headline and only yesterday NFT speculation made Oriental Culture Holding OCG 86%+, Integrated Media Technology IMTE 80%+ and Takung Art Co Ltd TKAT 277%+ jump. • Three days ago, we shared in our group a list of NFT stocks and all of them were popping up yesterday including the ones mentioned...
MACD , RSI all looking great. We have a HH and LL. BTC has a nasty impact on EBON, so mind BTC. For this to continue to rise, BTC must be healthy bullish. EBON, assuming BTC to hold, might pop and try to reach it's competitor RIOT Blockchain , trading at 63$/share Bands suggest a break out of upper range. Holding momentum above 14$ can confirm a bullish momentum.
New leg up on RSI, Crossover on MACD, no divergences, VWAP heading towards EMA on this TF, but on 1h 4h tf VWAP in upper bands.
Good afternoon to everyone on the west coast and good evening to everybody on the east! Wow aren't we looking bullish today. Like I mentioned yesterday, as expected, there was going to be a minor pull back today. I sold my options this morning, and bought back in at a lower price closer to around noon (west coast time). For today's analysis, I am going to be...
Wyckoff Method Application: Hello everyone, DPT here. I love analysis, and I love to learn about and trade using theories and frameworks Dow Theory, Elliot Wave Theory, Action Reaction, and others, as I develop my own methodology... Today, I spotted a very good fit for the Wyckoff Method for a trade setup, and I wanted to share this with you. There are a few...
$RIOT impulse move based on BTC new highs. Price Target of $80 then $90. Price: $62.81 Support: $57, $50 Resistance: $65.67, $72, $79.44
GWAC What is GWAC ? Its a spac that merges with BTC mining company This little bastard going to the moon 🌙 Commons at $11 , units at 3.1 Institutions buying it up P.s. I do not post a lot of ideas , but nail about 90% success . Look at my past posts : Alerted $riot at few bucks , $pltr at $9-10 and so on.... If you want more details about my trade...
If you are interested to invest in Bitcoin and related asset, then Bitcoin miners stocks could be a more rewarding investment opportunity. As you see in this chart, RIOT, MARA, CAN, and HVBTF are the largest publicly traded Bitcoin miners stocks. They all have positive correlation with Bitcoin price during Bitcoin bullish rallies and perform 2-4 times better than...
With 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.
Textbook 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