Riot Platforms, Inc.

RIOT / 2h

35
According to the prior analysis, RIOT continued to sell off 6.8% today and closed the week with an 11% decline in total.

Wave Analysis >> The rising leading diagonal in wave (1) ended with a diagonal as its 5th wave inside at 10.86. Its correction in the same-degree wave (2) has started its way down toward the origin of the ending diagonal >> 7.93.
Trend Analysis >> The trend has turned to correcting down. It might be a relatively deep retracement that will take a few weeks to develop.

The retracement targets >> 8.20 >> 7.93 >> 7.67
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