This could Be attempting to breakout here. Needs to hold support above 38.28. Very volatile, but a big move could be on the horizon… keep a close eye on RIOt as we breach the resistance of 38$ again, potentially holding support above and back testing for the first time. If we do lose support for this 38$ region, it could be another fakeout so tread cautiously...
Following Bitcoin pattern.. Looking bullish.. Bitcoin poised to hit $100K+ by EOY and these miners will reap the benefit
RIOT just has to clear a little bit higher then it will likely be a runaway train. Take a look at MARA. You can see it has a really similar price story, and it is tilted slightly more upward. MARA was the definite winner between the two stocks at this stage, however, it looks like both have support from the bull community.
Riot looking to swing down on the bottom of the wedge and the volume shelf. Looking to short to 32. Although, I am bullish longterm as crypto becomes the standard.
Riot Blockchain, Inc. is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States. This asset is directly related to the Bitcoin price trend. At the same time, it offers less risk than the cryptocurrency market. The trend seems to want to reverse its trend in the short term. Great scenario for...
$Riot, we should wait for a proper set up to come knock at our doors than forcing any trades. Chart clearly states that we should wait and let the stock give us a good trade.
$Riot, NASDAQ:RIOT the price may test the level @40.28, the ideal entry would be at when the price consolidates ta the area of 40.28 NASDAQ:RIOT
Broke out of descending resistance, but held historic support line. Very simple but bullish pattern, has proved buying pressure at supply zone and denied downward trend. BTC price action and upcoming earnings should prove to be a worthy catalyst for a run toward $48, at 0.5 retracement of it's initial rally.
Long term long for all blockchain companies I think personally. We will see how it plays out over the years.
decent bullish reversal on the candle stick after a break down for this stock and have a M pattern on the stochastic but the bearish angle does create more downward momentum...do not see this breaking past the 60fib but still a decent spread
Cryptocurrencies like Bitcoin and Ethereum are climbing. Meanwhile, related equities like Riot Blockchain have barely moved. The main feature on this chart is the rising 200-day simple moving average (SMA) – perhaps the most popular long-term trend indicator. RIOT touched that line yesterday and is bouncing today. Next, notice how the 50-day SMA has come down...
$RIOT Key levels I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support levels… Red = Key levels Green = resistance Blue = trendiness If you’re holding ONLY add at key levels. It is never wise to catch a falling knife without a plan. Here I’m keeping an eye on that blue trendline that is just a...
follow up post to my last prediction (view it at the bottom of this text) catch riot at $29, and ride it all the way up to $69 could hold it longer if you'd like, to around $200+ my trade though, is a shorter term trade to cash in on this upward volatility. crypto miners will outperform ever asset class combined in the stonk market position yourself accordingly ~
Beautiful price action pulling back to 50% retracement and also confluent with a uptrend-line. Check your sweeps programs for more confluence as this look like a good setup.
With a Short Interest of 26% and an active attempt to squeeze the shorts it looks like RIOT could see a volatile move upwards supported by reasonable fundamentals, Bitcoins recent price action, and technical indicators that suggest a reversal. Setting up to break out of a descending channel/wedge. F-Score is a 5 with some indication the books may be cooked so...
Crypto seems to be recovering. I’m looking for this to move this week. Looking for a $33 or $37 target this week.
RIOT breaking out of a channel from the past quarter and now testing a key level inside intraday wedge & deviation channel into the close.
Plenty of BUY signals for this stock that has a really great spread and could make ti to 50$ before a pullback...