RIOT Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
Financials · Crypto Mining
RIOT is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $20.51, currently 2.73% away. This pattern has shown a 5.5x profit factor across 13 backtested trades.
Current Setup
Close$21.07 -4.10%
Breakout Level$20.51
Distance to Level2.73%
RVOL0.8×
Pressure58
PatternChannel
Trade Plan
Entry$20.32
Stop$20.78
TP1$19.86
TP2$19.41
TP3$18.95
Chart
Backtest Performance
Win Rate
85%
Profit Factor
5.55x
Avg R
+0.70R
Trades
13
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 22 | BULL | A- | $28.74 | $28.26 | $29.21 | $29.21 | WIN | +0.98R | 2 |
| May 26 | BULL | A- | $25.19 | $24.88 | $25.50 | $25.50 | WIN | +1.00R | 2 |
| May 22 | BULL | A- | $24.91 | $24.57 | $25.26 | $24.57 | LOSS | -1.00R | 6 |
| May 5 | BULL | A- | $18.91 | $18.55 | $19.28 | $19.28 | WIN | +1.03R | 2 |
| Apr 17 | BULL | A- | $17.02 | $16.65 | $17.39 | $17.39 | WIN | +1.00R | 2 |
| Apr 6 | BULL | A- | $13.05 | $12.78 | $13.33 | $13.33 | WIN | +1.04R | 2 |
| Apr 2 | BEAR | A- | $12.38 | $12.58 | $12.18 | $12.58 | LOSS | -1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-07-08 | A- | BEAR | $20.51 | 0.78% | 58 | — |
| 2026-07-08 | A- | BEAR | $20.51 | 1.12% | 58 | — |
| 2026-07-08 | A- | BEAR | $20.51 | 1.00% | 53 | — |
| 2026-07-08 | A- | BEAR | $20.51 | 1.95% | 54 | — |
| 2026-07-08 | A- | BEAR | $20.51 | 2.73% | 55 | — |
| 2026-07-08 | A- | BEAR | $20.51 | 2.58% | 56 | — |
| 2026-07-08 | A- | BEAR | $20.51 | 3.31% | 56 | — |
| 2026-07-08 | A- | BEAR | $20.51 | 4.00% | 60 | — |
| 2026-07-08 | B+ | BEAR | $20.51 | 5.49% | 54 | — |
| 2026-07-08 | B+ | BEAR | $20.51 | 5.56% | 54 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-07-08 | BEAR | — | — | — |
| 2026-06-16 | BULL | — | — | Stale watchlist from previous day |
Other Active Breakout Setups
Earnings
Next Report2026-07-30 · TBD
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