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...
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...
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...
I pulled in some size, I have no idea where the top is on this. I reduced some size locking in some gains and buying much further out options for the long term. I'm actually considering to sell naked puts at the $35-40 level hoping to get assigned. Would'nt mind at all buying some discount shares at that level. Long term there is some growth here, could a...
Today RIOT smacked the previous high and stop like it hit a wall. Lets see this baby break out and it will be off to the races. Look at the beautiful long term basing pattern. The stock has been strong and this could explode
I think RIOT needs to correct a little before it can continue rising within the formed trend channel on the daily charts. RSI still looks overbought. This stock obviously reacts to BTC Price movements, but it's sometimes delayed. Short term dip, with an entry price target of about $21.40, then long from there, given bitcoin continues it's bull run. If there's...
NASDAQ:RIOT Riding the Bitcoin wave. RIOT blockchain looking to approach some key levels. A break of the most recent high will confirm quite a nice uptrend and continued break out. Quite nice for some June calls
With all of the hype around Bitcoin in 2017, companies were literally created around mining this digital piece of currency. To this day, many powerful individuals still believe a single Bitcoin is worth more than a brick of gold. So why do we sit back and watch whoever created this digital masterpiece get filthy rich? Why not get rich with the bastard? RIOT is a...
Supporting the Bitcoin Opportunity Riot Blockchain Inc. focuses on bitcoin mining, supporting the bitcoin blockchain by participating in Bitcoin’s consensus system through proof-of-work mining, racing to find the next block, and building upon the chain. We aim to be one of the largest and lowest-cost producers of bitcoin in North America. Bitcoin Mining...
The Fed is standing firm on monetary policy for the foreseeable future. This so far has already clearly contributed to the recent rise in BTC as a USD hedge, and should lead to significant gains in blockchain companies across the board. How high is the question... wouldn't be surprised to see it at $20 by EOY. Let me know your thoughts!
Wasnt sure about this chart last week but looks more promising now pre earnings. Wouldnt be surprised going $4 by 8/13 ...we see. $3 strike be good position! Please Like if Agree or leave opinion in comments. Thanks!
We can see in the 4 Hour a diamond pattern forming. Lets see what happens
WEEKLY PRICE CHART - PRICE ACTION BEFORE AND AFTER BITCOIN HALVING 2016/2020 As we can see from the chart there is a falling wedge forming from around mid 2018. In the near future in going to breakout and have the most possibilities to breakout on the upside following the post-halving bitcoin price action in the mid and long term that is definitely bullish....
lotto calls loaded 2021 Jan exp.
After being faked out a few times on the way down (as is typical of this stock) the charts seem to be revealing a possible direction.This looks like it could very well be ready to rally. As you can see, there seems to be a pretty well defined triangle that looks to be morphing into a bullish channel. If we take a look we can see that a firm looking double bottom...
All description on the chart. Please, don't forget to like and follow. Thank you.