According to the prior analysis, 
RIOT surged 12% intraday in an impulsive rise, closing with a 7.7% gain above the August consolidation zone — further reinforcing the outlook for continued upside in Minor Wave 5 of the leading diagonal, unfolding as the final advance of Intermediate Wave (1).
📈🎬 >> This price action adds conviction to the bullish scenario, indicating that the structure is maturing and approaching completion of the projected initial leg within a Primary degree uptrend. A surge above 15.34 would mark the completion of the leading diagonal in Intermediate Wave (1), potentially confirming the onset of a broader bullish uptrend.
🎯The projected advance for Minor Wave 5 stands at 72%, based on current technical analysis.
📉🎬 >> Upon completion of Minor Wave 5, the leading diagonal pattern will be firmly established as a potentially bullish structure, setting the stage for a corrective retracement in Intermediate Wave (2).
#CryptoStocks #RIOT #BTCMining #Bitcoin #BitcoinMining #BTCUSD
RIOT surged 12% intraday in an impulsive rise, closing with a 7.7% gain above the August consolidation zone — further reinforcing the outlook for continued upside in Minor Wave 5 of the leading diagonal, unfolding as the final advance of Intermediate Wave (1).📈🎬 >> This price action adds conviction to the bullish scenario, indicating that the structure is maturing and approaching completion of the projected initial leg within a Primary degree uptrend. A surge above 15.34 would mark the completion of the leading diagonal in Intermediate Wave (1), potentially confirming the onset of a broader bullish uptrend.
🎯The projected advance for Minor Wave 5 stands at 72%, based on current technical analysis.
📉🎬 >> Upon completion of Minor Wave 5, the leading diagonal pattern will be firmly established as a potentially bullish structure, setting the stage for a corrective retracement in Intermediate Wave (2).
#CryptoStocks #RIOT #BTCMining #Bitcoin #BitcoinMining #BTCUSD
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.