As illustrated on the 
RIOT's 45m-frame above, an ultimate decline by 9% would be likely lie ahead over the next day.
Accordance with theRIOT's prior analysis on the 4h frame last day, an ending diagonal could be considered as wave (c) which now seems to be remained in very late stage. And so its ongoing 5th wave down should be expanded in a three-wave structure. Hence, technically! further decline would be expected yet.
The Ultimate Target >> 7.07
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT's 45m-frame above, an ultimate decline by 9% would be likely lie ahead over the next day.Accordance with the
RIOT's prior analysis on the 4h frame last day, an ending diagonal could be considered as wave (c) which now seems to be remained in very late stage. And so its ongoing 5th wave down should be expanded in a three-wave structure. Hence, technically! further decline would be expected yet.The Ultimate Target >> 7.07
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
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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.