$RIOT Hit The Target Whats Next?

RIOT hit the descending orange resistance were I took partial take profits on my trade this week and it was immediately rejected as expected.

Price is now above the weekly pivot so that is the next support. This level also matches the weekly 200EMA.

Wave (II) hit the 'alt-coin' golden pocket of 0.618-0.786 Fibonacci retracement at the High Volume Node (HVN) support and descending support line which kicked off wave (III).

A breakout above the descending resistance line bring up the the next target of the HVN and previous swing high at $18-20 and $40 following a breakout above that.

Safe trading