$RIOT - RC -
Added 2023-08-28 22:11:54 +0000 UTCThis has been a pretty gruesome pull back for $RIOT, which leads me to believe that Wave A and B were quite short in July and the pull back since then has been a long extended Wave C to finish Wave 2.
This is also backed up by the price coming all the way down to the 200 Day MA which is just below the 0.618 Fib too......so if $RIOT is going to find support and bounce, this is place to do it at $9.90.
If the price loses the 200 Day MA, this will certainly weaken the structure.
We can see now that the crypto companies and $BTC have waited for each other and starting to align now.
I have added in Primary Waves 3, 4 and 5 now if Wave 2 is held where we have shown.
Comments
C pullbacks on all names have been retrenching deep lately.
Blake O
2023-09-02 13:15:22 +0000 UTCSnagged this morning in the 10s, thanks!
Adam L
2023-08-29 17:43:24 +0000 UTC
