Based on the provided chart and technical indicators, here's an analysis of Riot Platforms, Inc. (RIOT) and its potential forward outlook:
Trend Considerations:
Long-Term Downtrend: The price has been in a long-term downtrend since late 2021, evidenced by the consistent lower highs and lower lows. The descending trendline confirms this downward trajectory.
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I already provided RIOT analysis ⏰ successfully top 🔝 & correction completed 🚀
Unfortunately 😬 my 2 posts got disconnected against trading view rules 📌
Again making complete analysis for next bull run 🐂
Before entering pls #DYOR
Below this post I will update you everything 🙂
So just follow and share post and save it by boosting 🚀 it 🙌
So if I updated...
Riot Blockchain ( NASDAQ:RIOT ), a leading Bitcoin mining and data center hosting firm, has reported record-breaking total revenue of $280.7 million for the year 2023. This impressive milestone underscores Riot's resilience and strategic growth initiatives amidst a dynamic cryptocurrency landscape. With a surge in Bitcoin production and a commitment to expanding...
Riot Platforms (RIOT) had a strong rejection from the yellow resistance line in Q3, and closed with a bearish engulfing candle. RIOT has a high risk of trending downward for Q4, and has already started showing a lot of bearish signs. On the 3-day time frame the EMA ribbon is acting as an area of resistance. RIOT has dropped below the Ichimoku cloud of support, and...
Riot Platforms has shown an accelerated decline pattern
This figure shows the weekly candle chart of Riot Platforms' stocks in the past three years. The top to bottom golden section at the beginning of 2021 is superimposed in the figure. As shown in the figure, the stock of Riot Platforms has shown an accelerated decline pattern in the past three weeks, and...
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This analysis is just recap to my old signals 2 post's if u have not checked pls ✅ check in tag of this article below
I provided successfully 45% profit so far 🔥
As per 1st analysis it was broken parallel channel and good 👍 close
As per 2nd analysis wave pattern the best it was leading and near to 1st target 📌
1st of all we need to know...
Riot Blockchain
Short Term
We look to Sell at 8.05 (stop at 8.90)
Previous resistance located at 8.00. The medium term bias remains bearish. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 6.04 and 4.25...
Riot Blockchain, Inc. is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States.
This asset is directly related to the Bitcoin price trend. At the same time, it offers less risk than the cryptocurrency market.
The trend seems to want to reverse its trend in the short term. Great scenario for...
Though cryptocurrency as a whole and its related stocks like MARA and RIOT have been declining by almost 11-15% a day recently, the bottom has not yet been found. Farther we dive, searching towards the end of May for low levels with more support.
As you can see, there is strong resistance ahead with the red line marking each one in time.
When a stock is this...
TICKER CODE: RIOT
Company Name: Riot Blockchain, Inc.
Industry: Technology | Software - Application | USA
Position Proposed: BUY
Technical Analysis
1. Flag Pattern (Forming)
2. Fibonacci Retracement at 0.786 ( Silver Zone)
3. 1st Partial Take Profit will be at Fibonacci Expansion Safe Take Profit, Flagpole Length and somewhere near Key Structure Level (Very...
