According to the adjusted wave count in this 3h-frame, the continuous advance in 
RIOT may be considered as an ending diagonal in the 5th wave of the one larger degree leading diagonal as wave (1), which could have remained in the late stages!
Wave Analysis >> The Minor degree wave 5 might continue to advance just to 7.7% >> 12.12 as an extreme high of the entire leading diagonal pattern as wave (1).
Trend Analysis >> The entire pattern in a leading diagonal as wave (1) quite well indicates a bullish view in the medium term, at the beginning of an ongoing UPTrend!
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT may be considered as an ending diagonal in the 5th wave of the one larger degree leading diagonal as wave (1), which could have remained in the late stages!Wave Analysis >> The Minor degree wave 5 might continue to advance just to 7.7% >> 12.12 as an extreme high of the entire leading diagonal pattern as wave (1).
Trend Analysis >> The entire pattern in a leading diagonal as wave (1) quite well indicates a bullish view in the medium term, at the beginning of an ongoing UPTrend!
#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.