According to MarketWatch, bitcoin consumes as much energy as the entire country of Pakistan, and almost as much as the Netherlands.. Hard to believe, but that's what it says. Is that really sustainable? Or even necessary, for that matter..
Let’s review my analysis on RIOT 1st- Nov 5,2020, Long: price : 3.81 (target 46 in 1-2 years) 2nd- Nov 10,2020, long : price 3.34 3rd- Nov 13, 2020, Long: price 4.08 4th- Nov 17, 2020, Long: price 6.08 5th- Jan 31, 2021, Long: price 20.52 After 14900% gain in less than a year RIOT has just touched the upper border of the quadrant channel and early sign of...
Professional traders love turbulence in the markets because bigger fluctuations means bigger opportunities to buy/sell. When newbies panicking, the real wolves come out for hunts. They are disciplined strategist who have action plans for different markets. What makes a trader exceptional is his mindset..! To be exceptional you should have NEUTRAL MINDSET, you...
We have a bloodbath in the making. I closed every position I had whether loss or not. Major selloff in the works
We need to hold above $68 tomorrow. Bullish long term but it looks like RIOT is finding its place. BTC hit new highs over the weekend and I think a key level on it is $56700 vs $78 RIOT. We might have an interesting open, I'm looking for a rise in BTC above $57k to add here if RIOT gets above $78. RIOT right now is figuring out its place, the short term...
Of the three big public bitcoin mining companies (excluding CAN), you'd expect all three (RIOT, MARA, and BTBT) to look the same. But they don't. RIOT, which has a 100m shelf offering has been the biggest gainer. MARA meanwhile is forming a bit of a bearish wedge on it's ascent, and then we have bit digital, BTBT. This is showing a nice rounded bottom with...
mining-global.com Not current with Sec Was registered as mineral mining outfit. Working on the website Looks like they gunna try their hand at bitcoin mining. Who else mines bitcoin? Riot and Mara. If your not familiar, I suggest you look at those charts to get an idea of what could happen. Will it happen Monday? This week? Next month? Most likely not, but...
So I've been watching BTC for the past two years now and from my experience seeing how it moves, I have nothing bad to say about where it's heading. And with the continuous adoption of crypto payments by different financial companies such as Mastercard, and newly acquired TSLA stake, I think the accumulation phase is still underway. Aside from this, my...
Update before close, an h pattern has formed. If this breaks that 58-60 zone box, I'm bailing on this. Be very careful what happens overnight here. Pull in your size, there is no guarantee on a short here but aside from the bearish market and tape on the stock today, the following 2 things I observed: a. RIOT has decoupled from BTCs price reads - BTC is...
Good possible risk/reward pick up now. watching that 72 as a key level to confirm bullish. stop at $62 target is $100 to 115 Not financial advice
SOS So let's talk technicals : The stock shot up 263% (red trend line) in 6 days. It did it in 2 waves of impulse. The stock got massively dumped on the 17th of Feb – this is a big drop in a 2-hour time frame with over 50% retraced. Not a good behavior of an asset with a catalyst on it as it looks like a pump and dump which is not the case but traders took it as...
"I generally ask and receive calls on a block of stock. I insist upon graduated calls as the fairest to all concerned. The price of the call begins at a little below the prevailing market price and goes up; say, for example, that I get calls on one hundred thousand shares and the stock is quoted at 40. I begin with a call for some thousands of shares at 35,...
A prediction, or forecast, is a statement about a future event. They are often, but not always, based upon experience or knowledge. There is no universal agreement about the exact difference from "estimation"; different authors and disciplines ascribe different connotations. Analysis is the process of breaking a complex topic or substance into smaller parts in...
Hello traders and investors! Let’s talk about RIOT today! This one is flying, but is there any reason to worry about it? Let’s see. First, in the hourly chart we see that it is showing some weakness, but this alone is not going to be enough to make it drop. Yes, it might do a top lower than the previous top, as evidenced by the purple line, but RIOT did this...
Looks like we've established to volume zones. I dont want to go as far as to say they are Support though. The green box is where we found buyers in the hard selloff today on unemployment news. What does unemployment have to do with crypto or a company with 7 employees? Well I'm sure you know the answer to that. It also looks like we've decoupled RIOTs...
The volume of the first day this thing started to move a week ago vs today, its higher. The selloff this morning while BTC was staying steady spooked me a little bit so I sold off my LEAPS and a few calls that were already in a profit. Going forward, I'm just going to go with more of a neutral strategy, expecting that one day where we get a big selloff. With...
With all this crypto hype, mara and riot rallying to new highs, and BTC continuing its bullish rally, what can we look at that is still cheap and related to these big names like Mara and Riot? ..... Well thats where we have $EBON, a chip design company and a manufacturer of high performance bitcoin mining machines. Now with BTC rallying to new highs this a...
I've been following the trend since it was around $38 - $40, and I even profit from it, but unfortunately, I sold the shares I bought at $45, not knowing the stock was going to get to this point. I could have made more than $200 out of putting $300! I am pretty sure, it will bounce back down tomorrow to start the new uptrend coming up which will most likely...