RIOT continues to strategic level; 10.57 to 11.64 is a key barrier!


- Can RIOT hit 14.82? It has a relatively easy path from 9.79 to 14.82! 

- But first, there is a small bump in the road from 10.57 to 11.64 (reference past price action May 2022)

- And tactically, Monday price movement reached 10.57!! (equal high from 11 Aug 2022)

- With expanded BB, and MA5 tapering, there is some more upward movements but a consolidation phase is upon. 

- 8.48 to 9.79 becomes a key range as the MA5 and MA20 might show how price action will go coming days

- If 11.64 can be breached, then watch out, 14.82 is an easy target

Pullbacks below 10.57 we will need to see support coming in at 9.79 and 8.48


Bullish for now, with caution until 11.64 is broken

@TigerStars  @CaptainTiger  @melson  @LMSunshine  @Deposit  

$Riot Blockchain, Inc.(RIOT)$  

# Technical Analysis

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment70

  • Top
  • Latest
  • shining87
    ·2023-04-14
    TOP
    Look at Bitcoin rising and notice the entire market in all indexes green. Time to load up on more not just watch it climbing steadily. $16.00's where we're heading to next and it won't take long with this kind of volume.
    Reply
    Report
    Fold Replies
    • Asphen
      Good conviction
      2023-04-14
      Reply
      Report
  • jeffry09
    ·2023-04-14
    TOP
    Interesting, so if Bitcoin is doing well, this stock will generally follow a similar trend?
    Reply
    Report
    Fold Replies
    • Asphen
      not directly but yes.
      2023-04-14
      Reply
      Report
  • YorkTurner
    ·2023-04-14
    TOP
    If we breakthrough 23.66 then we got a MASSIVE bull run ahead.
    Reply
    Report
    Fold Replies
    • Asphen
      wow... alot of very positive folks here on RIOT and BTC. Good luck too!
      2023-04-14
      Reply
      Report
  • YeddaJohnson
    ·2023-04-14
    TOP
    Bitcoin Exploding afterhours...RIOT hits 16 tomorrow
    Reply
    Report
    Fold Replies
    • Asphen
      16...hmm... let's see how it handles 14.82
      2023-04-14
      Reply
      Report
  • fishinglo
    ·2023-04-14
    TOP
    Btc 30,823. This is going up 12-15% tomorrow
    Reply
    Report
    Fold Replies
    • Asphen
      wow... v optimistic
      2023-04-14
      Reply
      Report
  • YaleBrewster
    ·2023-04-14
    TOP
    Riot is like GME and AMC two years ago.
    Reply
    Report
    Fold Replies
    • Asphen
      RIOT was its own beast in 2021....
      2023-04-14
      Reply
      Report
  • BorisBack
    ·2023-04-11
    this is where the shorties get hurt. it's going to print a bull flag and then all the shorties are going to be scrambling
    Reply
    Report
    Fold Replies
    • Asphen
      that's good too, isn't it? that will be the easy push to 14.81
      2023-04-11
      Reply
      Report
  • CatherineGunter
    ·2023-04-11
    how is this not over 11 let alone 20.. when Bitcoin hit its all time high which was s little less than half where it sits now
    Reply
    Report
    Fold Replies
    • Asphen
      can't relate to the past... just like tsla will not above 300 anytime soon even though spy is above 400
      2023-04-11
      Reply
      Report
  • CyrilDavy
    ·2023-04-11
    why is this so much cheaper nows than the last time Bitcoin hit 30k? Did the issue more shares?
    Reply
    Report
    Fold Replies
    • Asphen
      earnings... market... liquidity etc
      2023-04-11
      Reply
      Report
  • Lionel8383
    ·2023-04-11
    Interesting to know
    Reply
    Report
    Fold Replies
    • Asphen
      great
      2023-04-11
      Reply
      Report
  • LMSunshine
    ·2023-04-12
    Thanks buddy❣️
    Reply
    Report
    Fold Replies
    • Asphen
      you welcome
      2023-04-14
      Reply
      Report
  • melson
    ·2023-04-11
    rioting?
    Reply
    Report
    Fold Replies
    • AsphenReplying tomelson
      I am closing some puts at tactical moments.  do u see a sell off
      2023-04-14
      Reply
      Report
    • melsonReplying toAsphen
      do take some profit now and then
      2023-04-14
      Reply
      Report
    • Asphen
      yeah... rioting like mad...
      2023-04-14
      Reply
      Report
  • CCX888
    ·2023-04-11
    good
    Reply
    Report
  • keegs
    ·2023-04-11
    [Happy]
    Reply
    Report
  • Jim LEO
    ·2023-04-11
    good [smile]
    Reply
    Report
  • TanZhenyu
    ·2023-04-11
    ok
    Reply
    Report
  • CExecutive
    ·2023-04-11
    Oo
    Reply
    Report
  • ShawnKoh1
    ·2023-04-11
    ok
    Reply
    Report
  • RocketBull
    ·2023-04-11
    keeep it up
    Reply
    Report
    Fold Replies
    • Asphen
      Nice
      2023-04-11
      Reply
      Report
  • Tiger V
    ·2023-04-11
    Ok
    Reply
    Report