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Descending Channel. May at least get a bounce off the lower trendline.
Buy stock RIOT 5-6.5$
S/L down 5$
Ideal entry’s are great at the green levels
Based on the previous highs and lows, this stock may drop down during the initial market opening. The support is around 6.50 to 6.60. This could trend upward during midday after a decline. I will be watching this one tomorrow.
RIOT is getting a bit of traction but it's going to correct itself again. Wait for good support.
Looks like an excellent setup for a pretty incredible move up over the next year or so. High r/r in my opinion -- I will probably stop out below the most recent low
buy riot a bubble bursted but look at where we are now in term of phases of bubbles
Google it up
Looking for this to pull back to 7.88.
RIOT Blockchain just announced the beta development its own private Bitcoin Mining Pool.
Riot Blockchain is focused on building, supporting, and operating Blockchain technologies, primarily through its cryptocurrency mining operations and other internally developed businesses, as well as through potential joint ventures, acquisitions, and targeted investments in ...
Clearly following the bitcoin/crypto hype, Riot Blockchain has been diving from a high of around $46. With the real potential for a Bitcoin ETF on the horizon (decision due August 16, led by CBOE) this might have been the bottom for RIOT.
Yesterday, it broke back above the $6.00 mark with huge volume (see candle on chart) which looked like its bottom back at ...
High risk, high reward.
I am super bullish on Bitcoin; therefore I am super bullish on $RIOT. Now, let's cause one. Everyone says to short and that it's a scam. I only listen to the energy in the charts. The energy says that something is about to move. Call me crazy, but I'm in for the ride.
"Go out on the weekends, I barely. Peace & Prosperity." - bryson t.
Their business is the blockchain. A similar amount of volatility over the last 3 months as the lesser known alt-coins. You could basically swap out the charts and you wouldn't notice a difference, hence the big upside. Unlike AMD, SQ or OSTK, RIOT is all crypto, they have no other business to fall back on. As such, it is a fair alternative, both in terms of ...
RIOT is at downtrend line and major support.
If it breaks $6.68, it could fall to $4 quickly then slowly back to $2.
This count will grow in strength as the price moves out of the old downward channel.
I think now is the time to sell if you havent already. The CNBC's piece was too damaging.
Good news and following larger crypto market. Just broke downward trend and following moving averages up.