RIOT: Do or Die timeI am going back on forth between two counts, both bullish for the time being. It is all about how wave 1 completed. I have readjusted wave 1 as leading contracting diagonal which has several impulsive moves but still in 3 waves, making things very difficult count. The May low is deep enough to be wa
RIOT PLATFORMS INC RIOT PLATFORMS INC
5,150ARSD
−230−4.28%
As of today at 20:00 GMT
ARS
No trades
Key facts today
Riot Platforms, Inc. has disclosed a beneficial ownership stake of 10.29% in Bitfarms Ltd., a Canadian bitcoin mining company.
−450 ARS
100.18 B ARS
344.90 B ARS
About Riot Platforms, Inc.
Sector
Industry
CEO
Jason Les
Website
Headquarters
Castle Rock
Founded
2000
ISIN
AR0375251839
FIGI
BBG01MDJW3T1
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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No news here
Looks like there's nothing to report right now
$RIOT Continues to Follow PathNASDAQ:RIOT Is sticking closely to the plan testing the bottom and top of the channel multiple times.
Price closing above the weekly 200EMA and weekly pivot Friday will be a very bullish signal. As we have over 4 tests of the upper boundary resistance there is a high probability we break through a
What a Riot!Riot Platforms is on its way from the ground to the stars. As subtle as it seems, Riot Platforms will blast off into the stratosphere ($650) and then beyond ($4,000)! Stay tuned!
Scroll up the chart to see my targets!
NLong

RIOT / 3hNASDAQ:RIOT has exceeded 12.12, which I'd considered as a validating line at the extreme high of that leading diagonal in my prior analysis. Hence, the leading diagonal as the entire wave (1) is not valid now.
Wave Analysis >> According to this adjusted wave count, wave 1 and 2, i(circled) and i
$RIOT Hit The Target Whats Next?NASDAQ:RIOT hit the descending orange resistance were I took partial take profits on my trade this week and it was immediately rejected as expected.
Price is now above the weekly pivot so that is the next support. This level also matches the weekly 200EMA.
Wave (II) hit the 'alt-coin' golden pock
RIOT / 3hAccording to the adjusted wave count in this 3h-frame, the continuous advance in NASDAQ:RIOT may be considered as an ending diagonal in the 5th wave of the one larger degree leading diagonal as wave (1), which could have remained in the late stages!
Wave Analysis >> The Minor degree wave 5 migh
RIOT / 2hNASDAQ:RIOT traced out the retracement in wave B in a three-wave sequence upward. Now, a 24% decline lies ahead to develop wave C as the final subdivision of the ongoing correction in wave (2).
Trend Analysis >> The trend may remain correct downward in the Intermediate degree wave (2), which wi
RIOT / 2hThe retracement up in wave B has reached the anticipated target at 10.38, although that's not traced out like a flat or zigzag formation in a three-wave sequence.
A following decline of 20% lies ahead to develop the wave C as a final subdivision of the ongoing correction in wave (2).
Trend Analys
RIOT / 2hAccording to the NASDAQ:RIOT 's prior analysis, Minor degree wave B is retracing upward, as I'd outlined at the end of the second paragraph in the note on the chart.
Wave Analysis >> The leading diagonal in Minor degree wave A, is correcting up now in the same degree wave B which would develop in
RIOT Cup & Handle patternRiot is making cup and handle pattern, looks bullish due to BTC price, stop loss should be below 8.85 Tp1 and Tp2 as per chart
NLong

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Summarizing what the indicators are suggesting.
Oscillators
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.
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