$RIOT - RC -
Added 2024-01-06 19:46:48 +0000 UTCPulling back in line with many of the miners but moving in a controlled manner still and using the fib levels for support so far.
We can see on Weds that $RIOT found support exactly on the 0.5 Fib ar $13.70 and bounced, this may just be a relief bounce before pulling back further to the standard wave 2 level at the 0.618 Fib at $12.50.
Mining fans should want structure and not parabolic moves, parabolic moves are not sustainable and often met with damaging repercussions.
Expect formality like it has shown here since pulling back, this is what we always want to see.
Comments
Whats the CLSK chart looks like?
Julien
2024-01-11 17:32:48 +0000 UTCCap, I noticed in Feb 2021 RIOT made ATH while MARA made ATH in Nov 2021 which is months later. Seems the opposite is happening now where CLSk and MARA overtook their JUL 2023 high and RIOT has yet to do that. Any reason why RIOT is lagging?
Abraham Negusse
2024-01-09 04:05:30 +0000 UTCLong term Riot Mara Clsk Wulf will all be great plays on BTC
Scott Glover
2024-01-06 22:44:53 +0000 UTC
