RIOT The rise of 2.9% today may have completed a 4th wave correction in the leading diagonal wave A. So, a swift decline of 11% is expected to follow as the diagonal's 5th wave.
Wave Analysis >> The leading expanding diagonal in Minor degree wave A, as the first subdivision of the ongoing correction in wave (2), indicates that a relatively deep correction in 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 downward.
The retracement targets >> 8.76 >> 8.20 >> 7.93 >> 7.67
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