RIOT 📊Technical UpdateRiot Platforms Inc.📈 has reached the projected target at 17.11, completing the extension of Minute Wave v (circled) and pushing its fifth wave beyond initial expectations.
The stock has now gained over 40% in September, sustaining the bullish trend that began in early August — as anticipated. (See the analysis posted on August 12, pinned to ElliottChart profile on X.)
However, with the stock now approaching a key resistance zone, emerging signs of momentum exhaustion suggest a potential pause — as price searches for an extreme high that could mark the end of the current advance and signal a reversal.
The final target for this surge is projected at 🎯 18.00.
#CryptoStocks #RIOT #BTCMining #Bitcoin #BitcoinMining #BTCUSD
RIOT 
BTC BTCUSD BITCOIN
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.