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Riot Platforms, Inc.

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RIOT: Beginning of the end or not done with bull market yet?RIOT Platforms bull run has been an amazing one in 2025. Almost 300% in 6 months. Now markets are at a juncture of conflicting macro events that will shape the direction for the next move in a few weeks. Friday was particularly a bad day, and one for the history books for crypto. For RIOT, we still have a 3 waves zigzag shape starting from the low of January 2023. In Macro sense, this could be a large B wave for even a larger structure starting from February 2021 top. So, to get a confirmation of which direction RIO will go, we need to wait for a bit. Ideally, if bull market to continue, RIOT needs to hold the top of the downward channel that it broke out of, somewhere between $14 to $12. Even it is a deeper wave 2, price should absolutely get support on $9 - $8 area. Anything below that, will be a very bad situation for the bag holders. Weekly RSI is looking pretty healthy. Price has made correction at this level many times in the past. We want to see RSI level comes back to the median band and get support there for the next move. If the median line is breached, then things might get a bit nasty. There is no bearish divergence in weekly RSI, so there is no reason to be a doom and gloomer yet. How BTC does in the next 6-8 weeks will also play a role on how RIOT will perform along with other miners. If BTC can recover and make new high, then change for RIOT to do the same will increase. Right now, I am not shorting at this time and planning on setting up some longs at the support area if we get there. Also, how we get there is also important, so, for now just wait and watch.
NASDAQ:RIOT
by mukit1
5
RIOT Macro, Higher for Longer!RIOT’s weekly RSI is overbought but can stay like this for many months as price continues upwards, just look at IREN! Elliot wave (II) completed at the golden pocket. Price is finding minor consolidation at the wave (I) High Volume Node but is expected to break through with current price action and accelerate to $40, the High Volume Node and R5 weekly Pivot. Momentum is in control. Wave (III) has a minimum target of $50, per Fibonacci extension rules. Safe trading
NASDAQ:RIOT
by Maddox_Metrics
4
RIOT ( A measured move with fib)Hello friends and Tradeviewing community. Have put out an idea of riot where it may possibly go. With the help of support demand indicator, I overlayed Riot with fibonacci retracement. Then on the trend tools, I drew a trend line until the next retracement. I copied the line to get the same length, and placed it at the bottom of the retracement. We can see theat riot continued upward. I repeated the same for the 3rd leg, giving a price target of $24.00 with the fib levels
NASDAQ:RIOTLong
by mirpu4855
1
RIOT ShortMarket Structure: RIOT is showing a clear transition from bullish to bearish structure. After forming a Higher High (HH) around $23.95, price failed to maintain upward momentum and broke below the previous Higher Low (HL) near $20.98, establishing a decisive Break of Structure (BOS) to the downside. This confirms a shift in market sentiment, aligning with the Change of Character (CHoCH) marked near $23.95. The overall structure now favors continuation lower unless buyers can reclaim the $22.40–$22.60 region. Supply & Demand Zones: The upper supply zone between $22.20 and $22.60 remains strong—price previously dropped sharply from here, leaving behind large bearish candles with minimal pullback, showing strong seller control. The main demand zone now sits between $20.00 and $21.00, where buyers last stepped in aggressively and caused a short-term bounce. However, given the bearish structural shift, this demand appears weakened and could soon be tested or broken. A deeper untested demand region is visible around $18.50–$19.20, which remains a more significant liquidity pool if price continues its descent. Current Price Action: Price is currently rebounding modestly from the mid-range of the demand zone but remains under short-term supply pressure. The projected path suggests a minor pullback toward $22.20–$22.40, followed by renewed selling interest and a continuation lower toward $20.00 or below. This pattern aligns with a standard lower-high formation before the next leg down. Bias & Outlook: The trade bias is bearish, anticipating a continuation to the downside after a corrective move. The expected direction is down toward $19.50–$20.00. A clean break above $22.60 would invalidate the bearish setup and signal that buyers are regaining control. Momentum & Candle Behavior: Momentum currently favors sellers, with recent impulsive bearish candles showing wider bodies and smaller wicks compared to the weaker bullish retracements. No reversal candle patterns are confirmed yet—just compression and retracement within the bearish leg.
NASDAQ:RIOTShort
by ProSignalai
RIOT doesn't want to retrace this time!After hitting the High Volume Node and first take profit area NASDAQ:RIOT was rejected as expected but instead of a deep retracement continued to push powerfully back into the node looking poised for a breakout above! Once the resistance is clear and tested as support RIOT should move quickly to the next High Volume Node and take profit area at $40. Analysis is invalidated below the R2 pivot, $16, and the retracement will instead be underway! Safe trading
NASDAQ:RIOT
by Maddox_Metrics
9
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, which can give things another boost before finally turning down. Elliott wave perspective the fifth wave was pretty clean. Now, even price makes another slightly higher high, it could be an extended B wave. That is overall pretty bullish in the macro sense. It will make the probability of minute degree wave 2 that much stronger. Percentage wise it might still drop 30%-40%, but that is in line with what has been happening historically. This year alone, we have seen a 60% drop followed by a 225% bull run and the year is not over yet. So, plan right now is to watch the support levels. I have the fib retracement levels up on the chart along with the Bollinger Bands. The bottom of the band is lining up with .618 level. Also watching the MACD for the cross to play some short-term short trades. Other than that, I have scaled out my positions and have a small bag riding the wave as long as it doesn't fall below the entry cost. There is a gap at $13.44, which can also be a target. After a 5 months straight green bars, I would expect a little breather, maybe a month or two. I will wait for a re-entry opportunity if price comes back to more appetizing levels.
NASDAQ:RIOT
by mukit1
9
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 60% since early September. Today’s trend reversal may signal the completion of the entire advance in Wave (1) and potentially set the stage for a corrective phase📉 toward Fibonacci retracement levels. #MarketAnalysis #StocksToWatch #TechnicalAnalysis #ElliottWave #WaveAnalysis #TrendAnalysis #FibLevels #FinTwit #TradingView #Investing #RIOT #DataCenters #BitcoinMining #CryptoMining #AIStocks #HPC #BTC #Bitcoin #BTCUSD NASDAQ:RIOT CRYPTOCAP:BTC BITSTAMP:BTCUSD IG:BITCOIN
NASDAQ:RIOT
by ElliottChart
1
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. Breaking out of the resistance is key for now but once it happens price should move fast. Standard Deviation Band Analysis Standard deviation bands show price is only just overcoming its fair value so has plenty of momentum left in it. The SD+2 threshold is the next target at $30. Safe trading
NASDAQ:RIOT
by Maddox_Metrics
1
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 profit, congratulations to you! I am now very curious about how the next move will play out. It is always possible that the upside move is not yet complete. It will not be confirmed until price breaks below $16.8. But the preliminary signs are suggesting that distribution has begun. If it is indeed a time for correction, then the support points are lining up with Fib retracement areas almost perfectly. BTC is the key to everything else here. BTC is also looking to put in a B wave top for a larger wave 4, that may take the price down to around 100k. Trad markets, even though put in higher highs last week are poised to make a turn as well. The next 2 weeks will be very important for the rest of the year.
NASDAQ:RIOTShort
by mukit1
Lets Start a RIOT (part 2)Gooood old RIOT. So back in late September, and early October 2024 I began positioning myself in RIOT and set a target of 6-12 month at around 45$. 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 miner leveraged BTC strategy from last cycle has not worked out, difficult business model, and macroeconomic issues plus competition from ETFs has made it difficult for miners overall. Other miners have been able to capitalize on AI and data centers, and it seems like RIOT along with MARA have been left behind but i think things can quickly turn around here. Despite the pessimism RIOT looks like its in a really good spot as we are seeing a technical breakout along with optimism in 2-3 rate cuts for the remained of the year. I also don't believe the BTC top is in yet and think a final leg can help push RIOT up. Ill be planning to offload my position little by little sometime within these last 3 moths of 2025 depending on how things go. At a market cap of only 6.50 B a 2x from here is certainly NOT unreasonable. Therefore, I'm readjusting my target from 45$ to around 35$ by EOY. Good luck
NASDAQ:RIOTLong
by LaMASIA_100
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 early August — as anticipated. (See the analysis posted on August 12, pinned to @ElliottChart profile on X.) However, with the stock now approaching a key resistance zone, emerging signs of momentum exhaustion suggest a potential pause — as price searches for an extreme high that could mark the end of the current advance and signal a reversal. The final target for this surge is projected at 🎯 18.00. #CryptoStocks #RIOT #BTCMining #Bitcoin #BitcoinMining #BTCUSD NASDAQ:RIOT CRYPTOCAP:BTC BITSTAMP:BTCUSD IG:BITCOIN
NASDAQ:RIOT
by ElliottChart
RIOT: Can it complete the sequence?RIOT has woken up in the last few days and finished an exciting rally to create another higher high above July high, even above Nov 2024 high. This can be the total move to finish a complete 5 waves sequence since April low. But from geometry perspective, putting another high would make things neat and clean. The initial move down is in 5 waves. So, we should expect a bounce tomorrow before another leg down. I am keeping a close eye on 1 hour RSI. I want to see a bullish divergence forming in 1 hour and then in 4 hour to have a high probability of starting the final fifth wave to complete minute degree wave 1. BTC as well should get severe resistance at around 118k area and go down again to finish up wave 4. Should expect some turmoil at the end of September into early October before the yearend rally starts. For RIOT that means, hopefully hitting $18 target and then hopefully keeping the retrace above $10. Only then we can set some new targets for $30-$40 along with some good news on their expansion projects as tailwind coupled with overall crypto rally into Q1 of next year. Right now, need to see $14.5 - $15 hold. If it doesn't hold, then will assume minute degree 1 is complete and wave 2 in progress. In that case, $10 will be the next level to hold. Not shorting at this time. Only long when given the chance.
NASDAQ:RIOT
by mukit1
14
RIOT / 3hNASDAQ:RIOT 📊 Technical Update RIOT has surged 33% this week, slightly surpassing the projected key target at 16.17 —potentially signaling a peak or the completion of the final wave within the current structure. 📈 Wave Analysis The final advance in impulsive Minute Wave v (circled) appears to have completed at 16.83, likely marking the termination point of Minor Wave 5, which now exhibits a mature structure and signs of exhaustion within the broader Leading Expanding Diagonal in Intermediate Wave (1). This structure sets the stage for a correction of equal degree, as Intermediate Wave (2) begins—presenting potential re-entry setups aligned with the broader bullish primary trend. #CryptoStocks #RIOT #BTCMining #Bitcoin #BitcoinMining #BTCUSD NASDAQ:RIOT CRYPTOCAP:BTC BITSTAMP:BTCUSD $BitcoinMining
NASDAQ:RIOT
by ElliottChart
1