$OSTK bulls need to be patient - buy level is at $39-$41$OSTK bulls need to be patient - buy level is at $39-$41
RIOT
MARA - Significant Level Here - Watch for reactionMARA - Significant Level Here - Watch for reaction
I hodl shares from 2.27, shaved 20% off at 12.05 to lock in gains. Playing options as well. Just sold 19MAR21 20 @3.20/ BOT 15JAN 21 7 P @.05. Will keep playing add/subtract for the foreseeable future.
MARA @.786fib. Mid regression channel meets top of downtrend.
Looking for 16 - 17 if it can break up and out.
BTC set up as well. Trying to Run.
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Riot Bitcoin dynamic duoOk so I’ve been looking at the chart and there seems to be a correlation to riots price and Bitcoin, are we expecting to look at a $20 price target for riot on the market this week since Bitcoin is at it’s ath at 33,000. Also does anyone think their will be a massive 40-60% Bitcoin sell off that could cause riot to also come crashing down?
$DIGAF Ascending to 2nd Breakout in a Month Following $BTC ATH$DIGAF Which recently had a 800% Day Breakout on December 15th Following $BTC's breakout is on an uptrend to yet another breakout as BTC breaks its ATH today.
$DIGAF was one of the few cryptocurrency stocks to run over 2,500% during the last Crypto rush and I anticipate it could do even more than that next year. The S/S is relatively the same since the last rush and the company has made major progress since then.
Some background on $DIGAF and current and future updates to come:
Securter Spin-Out:
1. After the Spin-out DIGAF increases its equity position of
Securter from approximately 2% to over 25% - this is very good.
2. The previous Definitive Agreement $DIGAF was to fund up to
US$3m to buy up to 33% of Securter. $DIGAF got a Reg 1-A SEC
approved but abandoned it probably because the market didn’t
like the structure, dilution and/or the valuation. After
the Spin-out $DIGAF is no longer required to fund; which
reduces dilution, $DIGAF ends up with approximately the same %
at 1/10th the original cost.
3. $DIGAF can operate on an annual budget of less than $200k
(FS’s Q’s &K’s) cut expenses and kept a low burn
rate during the Covid19 disaster pending Securter launch.
4. Securter can now independently fund their own business
development @ CAD$0.07, they will be able to raise what they
need to launch and get their own skin in the game.
5. $DIGAF acquired sales license for a billion-dollar growth market in
South America.
6. New opportunity, new market with massive growth potential
and Securter has a buy-back clause to pay $DIGAF market value
as determined by independent valuator.
7. $DIGAF has control to fund, not the commitment, South America
in each country or joint venture with the largest PSP’s in
the area. For $DIGAF to go after SA they must have
relationships perhaps Columbia or Chile or Brazil,
definitely interesting.
8. Buy-back clause where Securter will pay Digatrade fair
market value by an independent evaluator. This could
trigger as soon as Securter gets acquired by Apple or other
major when they roll up the territories and licensing
agreements.
9. Provides great growth opportunity and will generate news and
Press Releases for the next year.
10. Valuation & price target: A comparable was the Mobeewave
acquisition by Apple for US$100m. Securter is better than
Mobeewave and could easily push up Securter valuation to
$200m. At this price, $DIGAF would own 25% or $50m equity
equivalent and receive cash dividends to redistribute to
$DIGAF shareholders; or: $DIGAF uses the cash for open market
stock buy- back and then cancel the shares reduce the issued
and outstanding. Current market-cap US$1m share price
$0.001 * 50 = US$0.05 per share. Usually these growth tech
stocks generating net positive cash flow trade minimum 10X
so share price would be $0.50+
11. If Securter launch is successful $DIGAF shareholders win –
the share price will soar on massive volume providing
liquidity and trading profits for anyone who wants to sell.
$RIOT - Monday Covered Calls / Tuesday Long CallsOn Monday, Sell highly inflated out of the money call options on Mondays utilising the "recalibration/catch up" from RIOT compared to BTCUSD which runs all weekend.
On Tuesday, Dip Buy weekly long calls, ride the wave up, flip em for profit.
If Friday sell-off (like often), go long calls and flip them on Monday morning at the top, flip them + add your covered calls.
Rinse, Repat every week.
These options are not part of a spread and can be closed separately.
Good luck !
Started a YT channel recently on which I mostly focus on passive income strategies selling weekly covered calls (Including $RIOT, $MARA, $PLTR, $SRNE, etc)
Feel free to stop by : "Brenn Capital"
Merry BTCXmas!Merry Christmas to BTC, MARA, RIOT longs! Both miners set to gap high on Monday. Chance of this already being mostly priced in though, with both miners seeing huge rises over the past week, so don't expect the same kind of action going forward.
RIOT Unusual Call ActivityUnusual OI and call volume on the the 1/15/21 $15c. Check with your broker but TD showing big spike on 12/16, 12/17 & 12/18.
Following its lower trendline, caught horizontal support as well as the support on the 8 EMA. I'd like to see a break on the upper resistance trendline on the RSI before making an entry.
RIOT BUY LONGThis particular stock shows signs of high institutional buy in, looking at the gap index compared to the stock's daily price movements.
Riot Blockchain, Inc. - $5.99 -> $30 With all of the hype around Bitcoin in 2017, companies were literally created around mining this digital piece of currency. To this day, many powerful individuals still believe a single Bitcoin is worth more than a brick of gold. So why do we sit back and watch whoever created this digital masterpiece get filthy rich? Why not get rich with the bastard?
RIOT is a company who wants to support BTC and collect as many as possible. With BTC recent spike to 18K, I have no doubt it will reach 50k in a very short time as BTC is undoubtedly the currency of the future. Think of it as a central hub that all countries can share ideas with, and grow out of equally. Unfortunately, banks have not accepted this form of currency until VERY recently.
At the same time BTC peaked during 2017, reaching highs of $19.2k, RIOT reached highs of $28.5.
Currently:
BTC - $18,500
RIOT - $5.99
Don't get left behind boys
If BTC breaks $20k within the next few weeks, RIOT will hit at least +$30 by the end of the year. Especially with all the good news coming out.
*These are 100% my own thoughts and predictions. Your money is your own responsibility. I am not a financial advisor.*
RIOT long entryMan have I been wrong about this turd before, but it looks like a good place to jump in with a relatively close stop again
Riot to $9.75RIOT usually follows BTC. BTC is looking to hit 20k so Riot should start to push over $6.15 we go to $7.15. Over $7.15 we go to $8.70 before going to $9.75 over $9.75, i'll be looking to take RIOT up to the gap at $16.61, FOMO is kicking up on riot. As long as price stays above $5.86 then I am bullish.
Ammo shelves empty saw for myself no ammo anywhere upstate. look out for earnings beat Vista Federal Ammo. pullback enter above MA or swing trade like me. Election Biden win explodes Trump Civil unrest Win Win
RIOT & BTC poised for a breakout as Fed pumps money supplyThe Fed is standing firm on monetary policy for the foreseeable future. This so far has already clearly contributed to the recent rise in BTC as a USD hedge, and should lead to significant gains in blockchain companies across the board. How high is the question... wouldn't be surprised to see it at $20 by EOY. Let me know your thoughts!
sold out everywhere....well this is consolidating nice along moving avg. perfect pullback to enter at high of day next week. though i feel it is a good swing trade rather then momo but can prob. go either way. election Biden win gonna explode trump win civil unrest = Guns and ammo..... Bought long calls into may and might trade
Cup n handle forming...I see a big move coming with this stockAs the price of BTC continues to head to the previous ATH FOMO traders will start to look for stocks correlated to the price of BTC. Expect a major move higher in $MARA and $RIOT.
Short term in contrast with longer timeframe!It is possible for Bitcoin to experience lower prices between 14700-14800, where the support line and SMA200 could convince bulls to add to their positions!
I believe by the next week, Bitcoin has a good chance to get out of consolidation and we will see another bullish rally.
$RIOT Crypto Backed Breakout Coming?$RIOT has been grinding higher for a few days now and creating a strong base on this pullback to previous structure. Sellers are still in charge with lower highs and at least double bottoms so the best the buyers can hope for is a short-term bounce to form a range. If the buyers can't maintain strength on a higher low (green path), then the longer term deeper dip would be next (orange path). Either way, it appears like buyers are interested, it's more just a matter of timing for now. With the crypto markets pushing nicely up this weekend, that may be the fuel they need to break through wedge highs and get things going.
RIOT dumps along with cryptoRIOT dumps along with crypto
Looks like we are going back down to the support/ resistance. I will pick up more here. The election should bring everything down until we know who won the election.
MARA knocked back down to $2 MARA knocked back down to $2
The run up to the election will crush the stock market.
but
When earnings are due it will fall back in favor.
Make sure you set ow buy orders around the $2 mark
