📊Technical Update
RIOT posted a 13% gain today, bringing the total rally to 21% within the projected advance zone of Minute Wave v(circled)—as depicted in the 3H frame analyses updated since Sept. 4.
📈🎬 Wave Analysis
Following an Expanded Flat as a pullback in Wave iv(circled), impulsive Wave (v) is unfolding—potentially extending toward the 16.17 next target.
A breakout above 📈15.34 would technically confirm the completion of Intermediate Wave (1) as a Leading Expanding Diagonal. Notably, within this expanding bullish structure, a continued parabolic surge toward higher levels remains a likely prospect—before setting the stage for an equal-degree correction in Wave (2), which could present potential re-entry setups aligned with the broader bullish primary trend.
#CryptoStocks #WULF #BTCMining #BitcoinMining #BTC
RIOT
BTC
BTCUSD
BITCOIN
📈🎬 Wave Analysis
Following an Expanded Flat as a pullback in Wave iv(circled), impulsive Wave (v) is unfolding—potentially extending toward the 16.17 next target.
A breakout above 📈15.34 would technically confirm the completion of Intermediate Wave (1) as a Leading Expanding Diagonal. Notably, within this expanding bullish structure, a continued parabolic surge toward higher levels remains a likely prospect—before setting the stage for an equal-degree correction in Wave (2), which could present potential re-entry setups aligned with the broader bullish primary trend.
#CryptoStocks #WULF #BTCMining #BitcoinMining #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.