RIOT | DailyNASDAQ:RIOT — Technical Update
As anticipated in prior updates, RIOT completed a 50% retracement of the rising Leading Diagonal as Intermediate Wave (1), potentially marking the extreme low of Intermediate Wave (2).
Last week’s 38% initial surge — consistent with renewed strength across the broad
0.14 USD
97.17 M USD
334.55 M USD
About Riot Platforms, Inc.
Sector
Industry
CEO
Jason Les
Website
Headquarters
Castle Rock
Founded
2000
ISIN
AR0375251839
FIGI
BBG01MDJW4P3
Riot Platforms, Inc. is a bitcoin mining company, which engages in the provision of special cryptocurrency mining computers. It invests in Verady, Coinsquare, and Tess. It operates through the Bitcoin Mining and Engineering segments. The Bitcoin Mining segment focuses on maximizing ability to successfully mine Bitcoin by growing hash rate. The Engineering segment designs and manufactures power distribution equipment and custom engineered electrical products that provides them the ability to vertically integrate many of the critical electrical components and engineering service. The company was founded on July 24, 2000 and is headquartered in Castle Rock, CO.
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RIOT Macro outlook, weekly bullish divergenceNASDAQ:RIOT tested the upper boundary trend-line after its breakout. Expected behaviour.
A large weekly candle formed after hitting the weekly 200EMA and support suggesting the bottom is in.
Price remains above the downtrend and showed strength by poking above the wave 1 high.
🎯 Terminal target
RIOT holding up stronger than the others..NASDAQ:RIOT Price remains in its uptrend and wave II of 3 appears complete with a 3 white knight bullish candle pattern.
Price recovered the daily 200EMA and looks rady for higher.
📈 Daily RSI hit oversold with bullish divergence
👉 Continued downside has a target of the High Volume Node, $10
Sa
Riot Platforms, Inc. (RIOT)Company Overview
Riot Platforms, Inc. stands as a vertically integrated leader within the Bitcoin ecosystem. Its core operations are strategically divided into two synergistic segments:
Bitcoin Mining: This is the company's primary revenue driver, where Riot focuses on the relentless expansion of i
Riot📊 Riot Platforms (RIOT) – Technical Analysis
1. Current Price Action
The stock is trading around $12.7, showing a sharp pullback after a strong rally. The recent decline brought price back into a previously established demand/support region.
2. Key Levels
🔵 Buy Zone: $12.20 – $11.80
This zone is
RIOT in BUY ZONEMy trading plan is very simple.
I buy or sell when at either of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow volume spikes beyond it's Bollinger Bands
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone at bottom of channe
I’m Calling It: This Is the Bottom Ok, i get it, there is a risk of being wrong and early-wrong, but holistically - i think there is enough evidence that we've bottomoed. im 71% confident :o - Ok, here is my cycle-aware, data-driven technical analysis
Multi-Timeframe Structure = Capitulation Low
RIOT and CLSK show aligned
RIOT: Is the Low in?RIOT got support on a high volume node, around 0.618 fib retrace area. MACD is signaling a potential turnaround. The price decline was also on a low volume, suggesting a counter trend correction, rather than an impulsive one, also suggesting capitulation hasn't been done yet. Crypto market overall i
RIOT Respecting the boundariesPrice remains in its uptrend channel demonstrating shallow pullbacks as is characteristic of wave III.
Price is consolidating above support which could lead to a break down below but still within the boundaries of the channel. Daily 200EMA is ascending to meet price and support lines.
Daily RSI ha
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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