According to the last analysis, RIOT declined by 7.6% intraday from the 4th wave extreme-high of an ongoing wave A, which may considered as the fourth diagonal pattern in my 2h frame.
Wave Analysis >> The leading diagonal as Minor degree wave A indicates a relatively deep correction as wave (2) might be developed.
Trend Analysis >> The trend is correcting down in the same degree wave (2), which will take a few weeks to develop.
The retracement targets >> 8.76 >> 8.20 >> 7.93 >> 7.67
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