RIOT continues to retrace in Wave iv(circled) of Minor 5, which has been unfolding as an Expanding Ending Diagonal since early August.A further decline of just 7.4% would confirm the structure of Minor Wave 5 as the final advance, unfolding as an ending diagonal within the broader Leading Diagonal as Intermediate Wave (1).
📈🎬 After completion of the retracement in Wave iv(circled), surging above 15.34 in Wave v(circled) of Minor Wave 5 would likely mark Intermediate Wave (1).
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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.