According to the last analysis, 
RIOT declined by 7.6% intraday right from the 4th wave extreme-high of an ongoing wave A, which may be considered as the fourth diagonal pattern in my 2h frame.
Wave Analysis >> The leading diagonal as Minor degree wave A indicates that a relatively deep correction in wave (2) might be developed.
Trend Analysis >> The trend is correcting down in the same degree wave (2), which will take a few weeks to develop.
The retracement targets >> 8.76 >> 8.20 >> 7.93 >> 7.67
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT declined by 7.6% intraday right from the 4th wave extreme-high of an ongoing wave A, which may be considered as the fourth diagonal pattern in my 2h frame.Wave Analysis >> The leading diagonal as Minor degree wave A indicates that a relatively deep correction in wave (2) might be developed.
Trend Analysis >> The trend is correcting down in the same degree wave (2), which will take a few weeks to develop.
The retracement targets >> 8.76 >> 8.20 >> 7.93 >> 7.67
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
Disclaimer
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.
Disclaimer
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.