RIOT At First Target!Local Analysis / Targets / Elliot Wave
There was a lot of doubt on TradingView for this breakout but here we are! Price has now come into the High Volume Node resistance after nearly doubling. Wave III appears to be underway with a minimum expected target of $46 per Fibonacci extension tool. Break
Key facts today
Citigroup revised its estimates for Riot Platforms' Q3, highlighting Bitcoin metrics and updating its framework to include 400 MWs of capacity, valued at $12.4 million each.
Riot Platforms received an upgrade from Citi, highlighting the company's advancing transition towards high-performance computing (HPC) and artificial intelligence (AI).
−0.09 USD
97.17 M USD
334.55 M USD
About Riot Platforms, Inc.
Sector
Industry
CEO
Jason Les
Website
Headquarters
Castle Rock
Founded
2000
ISIN
AR0375251839
FIGI
BBG01MDJW4P3
Riot Platforms, Inc. is a bitcoin mining company, which engages in the provision of special cryptocurrency mining computers. It invests in Verady, Coinsquare, and Tess. It operates through the Bitcoin Mining and Engineering segments. The Bitcoin Mining segment focuses on maximizing ability to successfully mine Bitcoin by growing hash rate. The Engineering segment designs and manufactures power distribution equipment and custom engineered electrical products that provides them the ability to vertically integrate many of the critical electrical components and engineering service. The company was founded on July 24, 2000 and is headquartered in Castle Rock, CO.
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RIOT / DailyNASDAQ:RIOT 📊 Technical Update
Riot Platforms Inc.📈 exceeded the projected target of 18.80 with an intraday high in the last session, completing the extension of Minute Wave v (circled) of Minor Wave 5, within the Leading Diagonal structure of Intermediate Wave (1).
The stock has gained nearly
Lets Start a RIOT (part 2)Gooood old RIOT.
So back in late September, and early October 2024 I began positioning myself in RIOT and set a target of 6-12 month at around 45$. Although i am up 79% and will soon be able to take advantage of long-term capital gains tax. RIOT has not performed as well as I thought it would.
The
RIOT/ 15m🔍 Zoomed-In Structure of Minute Wave v (Circled)
NASDAQ:RIOT is expected to gain up to 15% on the final advance of Wave (v). A push toward the 17.88 level is anticipated to complete the Minute Wave v (circled) structure in the next session — potentially marking the extreme high of the curren
RIOT: Looking fairly bullish stillRIOT reached the $20 milestone intraday last week that got sold off very quickly. The consolidation right now seems like a distribution patterns, but there are some indications that the bear case is not that strong. The daily MACD hasn't had a cross yet. It is doing the Almost tag and go thing, whic
RIOT: Is it the top?RIOT has successfully managed to complete a 5 waves bullish sequence with somewhat of an ending diagonal finish as of Friday close. The closing hour was a pretty sharp drop with somewhat of a bear flag pattern after closing. This may suggest that the top is in for the sequence. If you have booked a
RIOT / 3hNASDAQ:RIOT 📊 Technical Update
Riot Platforms Inc.📈 has reached the projected target at 17.11, completing the extension of Minute Wave v (circled) and pushing its fifth wave beyond initial expectations.
The stock has now gained over 40% in September, sustaining the bullish trend that began in e
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
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Oscillators
Neutral
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Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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