Riot Blockchain, Inc., together with its subsidiaries, focuses on cryptocurrency mining operation in North America. The company primarily focuses on bitcoin mining. As of December 31, 2020, it operated a fleet of 7,043 miners. The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017. Riot Blockchain, Inc. was...
(This is not financial advice)
Hey everyone, thought I would make a crypto play considering how well crypto has been doing these past few days and these stocks usually follow the same movements especially on Monday week opens. I am looking for a entry at 45-50 ad I have set up price targets to take profits at on the way up.
The reasons I am bullish on RIOT...
This projection is based on a conglomeration of input data like log scale trend, elliott wave, overall market cap potential of the underlying, a 47 day consolidation period, and very bullish sentiment within BTC, Riot could easily 10x its comparative 2017 pump just as BTC has demonstrated 10x cycles, riot is still a very small market cap and riot has some catching...
$RIOT has seen some shit throughout the years, I'll spare you the details because they've settled it and now the future is looking bright.
As one of the only, if not only USA publicly traded Bitcoin mining operation out there you would be a fool to not build a position in this company. 2020 they have been ramping up production, and 2021 does not look any...
BTC gonna melt up to 70k only a matter of time and these heavily shorted crypto miners will go with it beyond their fundamental value, as we saw in February.
Crystal ball prediction, not financial advice.
RIOT has formed a bullish symmetrical triangle on the daily charts, indicating that it wants to retest resistance around $80 (by the end of May is my estimate). MACD is showing bullish divergence (Indicator forming lower lows, while price is forming higher lows). A break above the trend resistance with strong volume will confirm the...
Wyckoff Method Application:
Hello everyone, DPT here. I love analysis, and I love to learn about and trade using theories and frameworks Dow Theory, Elliot Wave Theory, Action Reaction, and others, as I develop my own methodology... Today, I spotted a very good fit for the Wyckoff Method for a trade setup, and I wanted to share this with you. There are a few...
These are some of my favorites. :-) Enjoy!
The entire forecast is NOT financial advice.
Please speak with multiple professional financial advisors and never invest more than you have available for investments; which can rapidly lose or gain value at different times. All comments below are also NOT financial advice! Please let the viewers know what you think...
Its a simetrical triangle but i'm long on RIOT.
The target is based on the pole. It's the right time for going long on riot (not investment advice).
Like if you agree or comment your thoughts or both.
RIOT has been slowly loosing range. It will probably go up in the short term. Being long is risky, as the price sits in the middle of a wedge, and can definitely drop lower.
Just like someone else here said about the Bitcoin, trading this is not worthwhile, until it breaks out of either trend line.
a cryptocurrency mining company, has expanded its fleet and mining capacity with a new purchase order for 42,000 S19j Antminers from Bitmain.
The purchase order, valued at $138.5 million, is part of a coordinated growth plan to significantly increase Riot’s Bitcoin (BTC) mining hash rate. As a result of the current and previous orders, Riot said...
A RANDOM TRADERS MONOLOGUE
If you ask me, we have a beautiful uptrend in the making and now is a good time to hop on the train, especially for riot. Skip to bottom to go to TA
First lets all remember: crypto is going INSANE, it is becoming super easy to mine, and this little golden nugget is one of the first blockchain financial platforms for crypto.
Descision time incoming getting squeezed between 53.36 and 53.98 support and resistance. Time to figure out which way it wants to go. Could be a move coming here. 45min rsi got a bounce with bullish divergants. 1hr starting to turn over. Keep an eye out