$RIOT - RC -
Added 2024-04-30 09:57:45 +0000 UTC$RIOT has not been as strong as $CLSK and it is likely down due to their margins being atrocious.....just because a company is associated with $BTC it still needs to be efficient.
Broke down from this wedge and below the 50 and 200 Day MA and rejected at these averages this week too.
I have the impulse count still valid here because the price held between the 0.618 and 0.78 Fib but they need to do turn this around in order to stop this breaking down, if not this can consolidate between the blue lines until they have improved on their fundamentals.
