RIOT is retracing sharply in Wave iv(circled) within the advance of Minor Wave 5, which has been unfolding as an Ending Expanding Diagonal since early August.
📈 🎬 A surge above 15.34 would likely mark Intermediate Wave (1).
Upon completion of Minor Wave 5, the Leading Diagonal as Wave (1) will be confirmed as a potentially bullish initiating structure within the broader Primary Uptrend — 🎬 setting the stage for a corrective retracement 📉 in Intermediate Wave (2).
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