As illustrated on the 3-hour chart above, 
RIOT appears to be extending the third wave of an impulsive advance within Minor degree wave 3.
And as anticipated, a sideways correction is unfolding as the fourth wave of the ongoing extension in Minuette degree wave (iii).
Fib Extension Targets >> 17.17 & 20.23.
>>> In this timeframe, I'm analyzing the initial rising tide within the ongoing Intermediate degree wave (1), where a nested series of waves have quite well revealed: 1, 2 → i (circled), ii (circled) → (i), (ii) → i, ii. The extreme high of this impulsive sequence lies beyond the visible range of the current chart.
RIOT 
BTC BTCUSD BITCOIN
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
RIOT appears to be extending the third wave of an impulsive advance within Minor degree wave 3.And as anticipated, a sideways correction is unfolding as the fourth wave of the ongoing extension in Minuette degree wave (iii).
Fib Extension Targets >> 17.17 & 20.23.
>>> In this timeframe, I'm analyzing the initial rising tide within the ongoing Intermediate degree wave (1), where a nested series of waves have quite well revealed: 1, 2 → i (circled), ii (circled) → (i), (ii) → i, ii. The extreme high of this impulsive sequence lies beyond the visible range of the current chart.
RIOT BTC BTCUSD BITCOIN#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
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Disclaimer
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.