Hello friends and Tradeviewing community.
Have put out an idea of riot where it may possibly go.
With the help of support demand indicator, I overlayed Riot with fibonacci retracement.
Then on the trend tools, I drew a trend line until the next retracement.
I copied the line to get the same length, and placed it at the bottom of the retracement.
We can see theat riot continued upward.
I repeated the same for the 3rd leg, giving a price target of $24.00 with the fib levels
Have put out an idea of riot where it may possibly go.
With the help of support demand indicator, I overlayed Riot with fibonacci retracement.
Then on the trend tools, I drew a trend line until the next retracement.
I copied the line to get the same length, and placed it at the bottom of the retracement.
We can see theat riot continued upward.
I repeated the same for the 3rd leg, giving a price target of $24.00 with the fib levels
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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.
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.