Foren & Soziale Netzwerke zur RIOT PLATFORMS Aktie

 

RIOT has had quite a nice run up in April. Right now price is coming up against the resistance zone. At this juncture, the most important thing to watch is how the next couple of weeks play out. EW perspective, If we are seeing the beginning of the minute degree Y wave, then we should see the rally fizzle and reverse quite sharply to finish up the c leg of Minuette degree wave a. Price should get support in the mid $15 area and put in the b wave rally that should fail and start the final c wave correction to bring price down to the target blue box. This idea will be invalid if we see price breaks above $ 23.92. If we see price breaks above $23.92, then probability increases for minute degree wave 2 have ended back in February and we are seeing the wave 3 in action. If that is the case, then Minute degree waves 1 and 2 are already complete and Riot is putting in wave 3 of 3. It will be a very powerful rally that can take price to previous high of $70. I would like to watch the price break above the resist

RIOT bounced off the support area today, but most likely it is only for a short period. We should expect this to fade fairly soon and keep falling towards $10.4 target area. This could potentially be only the (a) wave of (y) wave of a larger complex correction. Until I see a strong full 5 waves structure with price moving above and establishing support above $17.4, I would consider the primary trend to remain in the downside. In April we can expect the full measure of the counter trend rally taking price towards $15, but that rally should fail to complete the complex structure with a final 5 waves move to the downside. It would be the final capitulation before price can finally move forward. The target for this complex correction would be between $10 and $7. Price cannot break below $6.2. If $6.2 breaks, then the entire count starting July 2023 will be invalid and we might be in for a larger breakdown. So, I will be a buyer between $10 and $7, with stop loss below $6.2.

Kursziel: -

Kursziel: -

Yearend rally might be afoot. For RIOT, it is at a precarious spot. If this is the start of minor wave 3, then it is most likely in process of just 1 of 3. the move from $12 to $16 is a very short one. This opens up a potential zigzag scenario for a wave B of 2. This is also a good entry with a stop loss at $12.84. If it is indeed a B wave, then we should see an impulse to about $18 - $18.5 then an impulse down. If we see price go above $20 and then stall for a bit, then things could be more bullish. For now, prepping for a worst-case scenario. If a larger C wave is indeed in the cards, then it could be a slower/choppier grind down; but should be 5 waves move down. Will switch to the bullish case if we see 5 waves move to the upside instead. Then will look for a re-entry at the retrace! Right now, staying long for the B wave.

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 is super oversold and looking for at least a dead cat bounce. So, is the low in for RIOT? Maybe not. RIOT has a tendency of a long wave 2 with at least 2 fake out moves. This time might not be any different. The first clue would be to see the price getting support above the broken trend line. Second clue would be price getting above $24. Until then, I would expect price to get resistance on the trend line and making its way towards $11 support, maybe a bit lower. To be transparent, I did buy back some for the bounce play.

Kursziel: -

RIOT is forming a bullish pennant right below key resistance at $22.90. A breakout above this level could open the way toward $23.96. Failure to hold above $22.00 might lead to a short-term pullback toward $21.00. ? Bias: Bullish above $22.00 – watching for breakout confirmation. ? Targets: 22.94 / 23.96 ? Support: 21.00

Kursziel: 21.0 €

RIOT Platforms bull run has been an amazing one in 2025. Almost 300% in 6 months. Now markets are at a juncture of conflicting macro events that will shape the direction for the next move in a few weeks. Friday was particularly a bad day, and one for the history books for crypto. For RIOT, we still have a 3 waves zigzag shape starting from the low of January 2023. In Macro sense, this could be a large B wave for even a larger structure starting from February 2021 top. So, to get a confirmation of which direction RIO will go, we need to wait for a bit. Ideally, if bull market to continue, RIOT needs to hold the top of the downward channel that it broke out of, somewhere between $14 to $12. Even it is a deeper wave 2, price should absolutely get support on $9 - $8 area. Anything below that, will be a very bad situation for the bag holders. Weekly RSI is looking pretty healthy. Price has made correction at this level many times in the past. We want to see RSI level comes back to the median band and get suppor

RIOT reached the $20 milestone intraday last week that got sold off very quickly. The consolidation right now seems like a distribution patterns, but there are some indications that the bear case is not that strong. The daily MACD hasn't had a cross yet. It is doing the Almost tag and go thing, which can give things another boost before finally turning down. Elliott wave perspective the fifth wave was pretty clean. Now, even price makes another slightly higher high, it could be an extended B wave. That is overall pretty bullish in the macro sense. It will make the probability of minute degree wave 2 that much stronger. Percentage wise it might still drop 30%-40%, but that is in line with what has been happening historically. This year alone, we have seen a 60% drop followed by a 225% bull run and the year is not over yet. So, plan right now is to watch the support levels. I have the fib retracement levels up on the chart along with the Bollinger Bands. The bottom of the band is lining up with .618 level. Also

RIOT has successfully managed to complete a 5 waves bullish sequence with somewhat of an ending diagonal finish as of Friday close. The closing hour was a pretty sharp drop with somewhat of a bear flag pattern after closing. This may suggest that the top is in for the sequence. If you have booked a profit, congratulations to you! I am now very curious about how the next move will play out. It is always possible that the upside move is not yet complete. It will not be confirmed until price breaks below $16.8. But the preliminary signs are suggesting that distribution has begun. If it is indeed a time for correction, then the support points are lining up with Fib retracement areas almost perfectly. BTC is the key to everything else here. BTC is also looking to put in a B wave top for a larger wave 4, that may take the price down to around 100k. Trad markets, even though put in higher highs last week are poised to make a turn as well. The next 2 weeks will be very important for the rest of the year.

RIOT has woken up in the last few days and finished an exciting rally to create another higher high above July high, even above Nov 2024 high. This can be the total move to finish a complete 5 waves sequence since April low. But from geometry perspective, putting another high would make things neat and clean. The initial move down is in 5 waves. So, we should expect a bounce tomorrow before another leg down. I am keeping a close eye on 1 hour RSI. I want to see a bullish divergence forming in 1 hour and then in 4 hour to have a high probability of starting the final fifth wave to complete minute degree wave 1. BTC as well should get severe resistance at around 118k area and go down again to finish up wave 4. Should expect some turmoil at the end of September into early October before the yearend rally starts. For RIOT that means, hopefully hitting $18 target and then hopefully keeping the retrace above $10. Only then we can set some new targets for $30-$40 along with some good news on their expansion projects

RIOT EW count hasn't been easy. The impulses are not quite clean; the corrections are too deep for comfort. But as long as price is making higher highs and higher lows, I will stay on that direction. The concern is the overlapping impulses. Either RIOT will explode with a series of wave 3s or we have a tricky count with creative fitting of waves. Until price falls below $13.59 in the next day or 2, I can't fit a diagonal count either. I already took profit today and will hold the rest with a stop right below $13.59 and let this play out longer to see if a clearer EW count appears. Ideally, want to see price above $15.34 to somewhat confidently say we have a full 5 waves sequence.

Kursziel: 20.0 €

RIOT is still trying to recover from the July 25th fall off the cliff. At the moment, the consolidation is looking rather sluggish and difficult to get a clear five moves up. The minuatte degree wave 4 is much larger than minuatte wave 2. However, minuatte wave 3 subdivision has a subminuatte wave 2 much larger than subminuatte wave 4. So, we can chalk this anomaly as an alternation of size. Right now, the focus in the last low. If $10.59 breaks down, then this wave 4 will most likely get invalidated and $15.34 will most likely be some kind of 3 wave top. It could be a leading diagonal, could be some kind of B or X wave or be a number of things. Breaking below $10.38 will be a confirmation that any hope of a wave 5 is gone. If that happens, then depending on how BTC acts for the next 3 months, we would either see a C wave up in RIOT and then a fall, or a continuation of dumpage activities back to the bottom of the channel. Alternatively, If RIOT and BTC can manage to keep the last low intact and somehow pul

Breaking down into the big bad channel maybe was the first warning of a false breakout. August first price action just made things a whole lot worse. The hope here is that RSI is tanked and has multiple pints of bullish divergence. But the bad news is, the overall price action is still a very 3 waves structure. If price falls into wave 1 territory, then it is pretty much game over. It could be a leading diagonal, or it could be another x wave to bring the price back down to the bottom of the channel yet again. BTC is also trying to maintain must keep support level. So, if next week we see a sharp recovery, then the 5 waves structure may still be intact. However, if price breaks down below $10, then best to stay out of it until things settle down. I took some profit at the top of the channel and got stopped out for most of my position for now. I will hold the rest with a stop at $9.5. If price recovers, then will ride the final wave towards $18.

NIce breakout W/ Volume, following BTC momentum, Following with BTC momentum. $20 First Target.

RIOT has broken above a very important downward channel dating back July of 2023. It is imperative that RIOT stays above the channel. The sideways consolidation while BTC and the crypto market corrects is a pretty good sign. Next week might be more of the same, maybe a bit more down to gain the momentum back for the last leg up. If we get the final move up, it will confirm a 5 waves sequence. The target would be between 2 to 2.618 extension between $18.68 to $24.33. On the flip side, going back inside the channel would be a sign of weakness. Going back to $11 would be a confirmation of bull run end. All will depend on how the broader crypto market performs for the next 2 weeks or so.

I 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 wave 2 following the diagonal. Wave 1 of 3 started off strong but the June dip was a bit too deep. Now, it is do or die time. We want to see a very strong wave 3 of 3 holding the narrow and steep channel to the outer edge of the macro downward channel. That will be the true test of the bull market. If RIOT has any chance of breaking out of the rut, it needs to have a short wave 4 and then try for a clean break. Even then, the entire move since April low would be in 3 waves. For the rest of the summer, we need to see if the price dips back into the channel or gets support on top of it and makes the final move up to give us a clean 5 waves move. By the end of this year, overall markets should also top out for the cycle