$RIOT / Weekly
RIOT Accordance with this bullish trend analysis, RIOT would be likely concluding a series of first and second waves (which started on March 2020) that all depicted well on this weekly frame.
So after completing the correcting down in wave 2 around 9.00 (22% decline in 7 weeks ahead), the following series of impulsive waves in 3 of (3) of ((3)) will be expanded on the uptrend to the fibo extension levels, as shown on the weekly chart above.
>> The fibo targets would be around 40.00 at first, then >> towards 100.
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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.