2026-01-07 08:24:45

$RIOT just completed a bottom triangle formation—classic bullish setup with higher lows and a trendline breakout on solid volume.

Price is sitting above the 21-day moving average and holding the 200-day MA. The 50-day MA becomes the next resistance level to watch. If $BTC momentum holds, we could see a clear run toward the $18–20 range.

After taking a brutal 60% hit during the Q4 selloff, this one's finally showing signs of life again. The setup looks cleaner than it has in months.

BTC0,24%

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GasWaster69

· 14h ago

Wait a minute, can that bottom triangle really break out? It feels like every time it's said, it ends up plunging again.

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TopBuyerBottomSeller

· 18h ago

Wait, is that bottom triangle really reliable? Or are you trying to trap me again?

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NotGonnaMakeIt

· 01-08 08:23

We've seen plenty of triangle breakout patterns, but the key still depends on whether BTC performs strongly or not.

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LiquidatedNotStirred

· 01-07 23:24

Bottom triangle again... If BTC doesn't let us down, this move with $RIOT might really have a chance

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AirDropMissed

· 01-07 08:54

Bottom triangle breakout, can we avoid plunging again this time... I was trapped last time and I'm still exhausted from it.

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RektButStillHere

· 01-07 08:53

Damn it, this time at least it's not a chart tricking the line. I've seen this bottom triangle pattern too many times. I hope this time it doesn't open high and go low again.

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MetaLord420

· 01-07 08:50

The triangle breakout pattern is back again, but this time the BTC momentum is real. Maybe we can push for a rally.

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TokenAlchemist

· 01-07 08:41

ngl the triangle breakout is textbook, but let's not pretend 200-day MA holds mean anything without examining the MEV extraction patterns in the underlying liquidation cascade dynamics. volume metrics alone don't guarantee alpha here

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gas_fee_trauma

· 01-07 08:33

The bottom triangle convergence is really interesting this time, but Bitcoin's momentum drops and it's all over.

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