RIOT, stronger than most miners!

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RIOT

🎯 Despite difficulty, RIOT looks stronger than most miners. It is grinding above the weekly 200EMA and pivot. Expected behaviour. The uptrend is higher highs and lows but the price is struggling at High Volume Node resistance. Price appears to be in a wave 3 with a target of $40, the R3 weekly pivot.

📈 Weekly RSI hasbullish divergence at the EQ

👉 Analysis is invalidated if we close below the weekly 200EMA

Safe trading

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