hello everyone, potential upside for stocks like RIOT and MARA if bitcoin keeps running/if we break the top trendline resistance/reclaim previous support area. on watch next week! goodluck :) leave a like and follow <3
China has decided that they will shut down crypto miners due to energy consumption. Potentially a bad news for the space.
$RIOT and $MARA has a textbook descending triangle break and retest setup.
Elon Musk and Jason Les in Partnership
Its already surpassed $MARA and going to new heights
Riot Blockchain Inc. (NASDAQ:RIOT) shares and other cryptocurrency-related stocks moved higher Monday after the price in Bitcoin (CRYPTO: BTC) rose following statements from Elon Musk.
Musk said he would resume allowing Bitcoin transactions at Tesla Inc. (NASDAQ:TSLA)...
As I've pointed out in the chart, every major move that has occurred in BTC has come on the back end of a RIOT Blockchain move.
The 2 are obviously correlated, and picking through the price history dating back to the major dump of 2018, I've noticed RIOT always goes first, whether it be up or down.
This has happened perfectly in sync since RIOT has actually...
If you look at the weekly trend on Riot Blockchain it may be breaking out of this down channel that has been highlighted on the chart. Look for the price to rebound around 38 and 40 dollars level and find a bull position to ride it up. There are alot of plays you could do with this price movement. You could buy the stock, you could buy a leap, you could buy a...
RIOT could roll up past All time High by End Of Year
Not Financial advice just a computer drawing - I should be painting right now.
If the story on these miners can turn to green energy and efficient tech the stock price will rise just on the speculation of a new good idea.
$RIOT Target 46.95 for 49.24%
Or next add level is at 15.97
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first...
Showing you guys how trade the tickers mentioned on the video which are in the tittle. Showing my analysis in action and showing proof with alerts and actual screenshots of the trading transactions fo the plays.
If BTCUSD gets it's legs for another run to all time highs, this one should also fill out to new highs.
Look for the 200% extension into the $188 USD region.
Trade at your own risk, continue to move stops up
as the trade progresses.
Riot entered a bearish trend on April 14 after breaking out of a symmetrical triangle and doesn't look like it's going to break out of this trend next week. There's hard resistance at 26.95$. The last 2 bars are bearish with top wicks and the moving averages crossed over. Sure the RSI is oversold but with 3 failed pushes to the channel resistance and 4 failed...
