RIOT might be stating an impending trend reversal!!
Today' decline unfolded an ending diagonal that's well taken form since the mid-Feb high at 11.92. The three-wave structure of wave v of ending diagonal (c) seems to be complete, but also the accurate Fib-target at 7.27 remains intact.
RIOT might well conclude the entire correction in Minor degree wave 2, on converging its Fib-expansion levels (1.618 & 1.272 on the Fib channel).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.