RIOT Respecting the boundaries

[cryptohog]

Price remains in its uptrend channel demonstrating shallow pullbacks as is characteristic of wave III.

Price is consolidating above support which could lead to a break down below but still within the boundaries of the channel. Daily 200EMA is ascending to meet price and support lines.

Daily RSI has printed unconfirmed bullish divergence at the EQ.

Continued upside has a $40 target at the next High Volume Node.

[EmTeam]

Good discipline on the chart — respecting resistance like a pro. ️

[Rimon Khan]

Watching the 0.5 fib zone — could flip sentiment fast.