$RIOT / Hourly

121
An Impending Trend Change In Various Degrees!

RIOT ended the week with finding its new extreme low below 7.95 >> 7.92 that's surrounding the Fib 1.272 expansion level on the channel, as anticipated on the prior RIOT's analysis.
So the various degrees declines of the waves v, (c), ((y)) and 2 should have likely concluded. And so, today's intraday low at 7.92 might be respected as a significant extreme & reversal point.
And as illustrated on this hourly frame, the double bottom on the converging Fib 1.272 expansion levels would likely state an impending trend reversal as well.

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