$RIOT Continues to Follow Path

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RIOT Is sticking closely to the plan testing the bottom and top of the channel multiple times.

Price closing above the weekly 200EMA and weekly pivot Friday will be a very bullish signal. As we have over 4 tests of the upper boundary resistance there is a high probability we break through and continue higher in a high degree wave 3.

Initial targets are the weekly R5 pivot at $39 and all time high at range at $79.

Price tested the .618 Fibonnaci retracement in a complex correction for wave 2.

Analysis is invalidated below the channel support.

Safe trading

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