RIOT: messed up EW count, but making higher high and higher lowRIOT EW count hasn't been easy. The impulses are not quite clean; the corrections are too deep for comfort. But as long as price is making higher highs and higher lows, I will stay on that direction. The concern is the overlapping impulses. Either RIOT will explode with a series of wave 3s or we hav
−100 ARS
100.18 B ARS
344.90 B ARS
About Riot Platforms, Inc.
Sector
Industry
CEO
Jason Les
Website
Headquarters
Castle Rock
Founded
2000
ISIN
AR0375251839
FIGI
BBG01MDJW3T1
Riot Platforms, Inc. is a bitcoin mining company, which engages in the provision of special cryptocurrency mining computers. It invests in Verady, Coinsquare, and Tess. It operates through the Bitcoin Mining and Engineering segments. The Bitcoin Mining segment focuses on maximizing ability to successfully mine Bitcoin by growing hash rate. The Engineering segment designs and manufactures power distribution equipment and custom engineered electrical products that provides them the ability to vertically integrate many of the critical electrical components and engineering service. The company was founded on July 24, 2000 and is headquartered in Castle Rock, CO.
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RIOT Wave 3 Begun?NASDAQ:RIOT appears to be in wave III with wave II bottoming at the High Volume Node (HVN) support and daily 200EMA.
The first target is the HVN resistance and R3 pivot at $18.67 but if the count is correct we should extend above that. RSI is sitting comfortably with room to grow.
Analysis is inv
RIOT / 3hNASDAQ:RIOT is retracing sharply in Wave iv(circled) within the advance of Minor Wave 5, which has been unfolding as an Ending Expanding Diagonal since early August.
📈 🎬 A surge above 15.34 would likely mark Intermediate Wave (1).
Upon completion of Minor Wave 5, the Leading Diagonal as Wave
RIOT / 4hNASDAQ:RIOT posted a modest 1.8% gain today, maintaining its position around the midline of the projected Minor Wave 5 advance — keeping the near-term bullish structure intact .
📈 🎬 >> In line with the bullish scenario, the structure is progressing step by step toward completing the projected ini
RIOT / 4hAccording to the prior analysis, NASDAQ:RIOT continued its advance with a 3% gain today, closing above the previous 4th Wave gap zone and near the midline of the thorough projected advance — all aligns with the outlook for continued upside in Minor Wave 5 of the leading diagonal, unfolding as the
$RIOT Making Moves!NASDAQ:RIOT found support at the areas mentioned last week, the weekly pivot and 200EMA.
Wave (ii) ended at the golden pocket and High Volume node support.
Retesting the descending channel resistance upper boundary again will be the 5th test and a very high probability breakout. This would bring
RIOT / 3hNASDAQ:RIOT continues to retrace in Wave iv(circled) of Minor 5, which has been unfolding as an Expanding Ending Diagonal since early August.
A further decline of just 7.4% would confirm the structure of Minor Wave 5 as the final advance, unfolding as an ending diagonal within the broader Leadi
RIOT / 4hNASDAQ:RIOT continued its intraday rise, albeit modestly, reaching the midline of the projected advance before closing just below it by day's end.
📈🎬 In line with the bullish scenario, the structure is progressing step by step toward completing the projected initial leg of a Primary-degree uptrend
RIOT / 4hAccording to the prior analysis, NASDAQ:RIOT surged 12% intraday in an impulsive rise, closing with a 7.7% gain above the August consolidation zone — further reinforcing the outlook for continued upside in Minor Wave 5 of the leading diagonal, unfolding as the final advance of Intermediate Wave
RIOT / 4hNASDAQ:RIOT surged 4.7% today, closing above the August high , and reinforcing the outlook for continued upside in Minor Wave 5 of the leading diagonal, unfolding as the final segment of Intermediate Wave (1).
This price action raises confidence in the bullish scenario, suggesting that the structu
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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