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abigreen

RIOT bullish reversal setup

Long
Riot Platforms, Inc. (NASDAQ:RIOT)  
abigreen  
NASDAQ:RIOT   Riot Platforms, Inc.
Trend Analysis Chart Patterns Wave Analysis
2
1
trendanalysis chartpattern waveanalysis
We may have some summer relief rally in the markets
RIOT is out of the downtrend channel.
Looks like 6 is a solid bottom and we should see gains from here (assuming BTC doesn't fail completely)
Based on Elliot waves; My short term target is 8.36, long term target is 12.


Riot may need to test that 6 again and if it does brake below, it may land it at 3.50.
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