RIOT has worked 5% retrace up today. It may be considered as the 4th wave of a possible diagonal, which would lead to further decline in a deep retracing down that should be underway.Trend Analysis >> There is no change in my analysis in this frame, so far. Respecting the wave structure of the leading diagonal in which the 5th wave has revealed an ending diagonal and 17% continuous decline, all quite well indicate that the anticipated correction down should be a relatively deep retracement. And it will take just a few weeks.
The first Fib-retracement target >> 7.68
The next targets >> 7.30 >> 6.79
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
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