RIOT Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BEAR
Financials · Crypto Mining
RIOT is currently showing a bearish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $16.45, currently 0.30% away. This pattern has shown a 2.5x profit factor across 21 backtested trades.
Current Setup
Close$16.50 -0.63%
Breakout Level$16.45
Distance to Level0.30%
RVOL0.3×
Pressure57
PatternChannel
Trade Plan
Entry$16.37
Stop$16.57
TP1$16.18
TP2$15.98
TP3$15.78
Chart
Backtest Performance
Win Rate
71%
Profit Factor
2.53x
Avg R
+0.44R
Trades
21
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Aug 4 | BULL | A- | $22.31 | $21.85 | $22.77 | $21.85 | LOSS | -1.00R | 2 |
| Aug 4 | BULL | A- | $21.90 | $21.35 | $22.44 | $21.35 | LOSS | -1.00R | 11 |
| Jul 29 | BEAR | A- | $19.82 | $20.38 | $19.26 | $19.26 | WIN | +1.00R | 3 |
| Jul 15 | BEAR | A- | $19.38 | $19.87 | $18.90 | $19.87 | LOSS | -1.00R | 2 |
| Jul 13 | BEAR | A | $20.39 | $20.80 | $19.97 | $19.97 | WIN | +1.02R | 4 |
| 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 |
|---|---|---|---|---|---|---|
| 2026-10-12 | B+ | BEAR | $16.45 | 0.70% | 57 | — |
| 2026-10-12 | B+ | BEAR | $16.45 | 0.30% | 64 | — |
| 2026-10-12 | B+ | BEAR | $16.46 | 0.03% | 63 | — |
| 2026-10-12 | B | BEAR | $16.48 | 1.30% | 72 | — |
| 2026-10-12 | B+ | BEAR | $16.48 | 1.40% | 73 | — |
| 2026-10-12 | B | BEAR | $16.48 | 2.40% | 72 | — |
| 2026-10-12 | B | BEAR | $16.48 | 2.40% | 72 | — |
| 2026-10-12 | B | BEAR | $16.48 | 2.40% | 72 | — |
| 2026-10-12 | B | BEAR | $16.48 | 2.40% | 72 | — |
| 2026-10-09 | B | BEAR | $16.48 | 2.40% | 72 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-09-08 | BULL | — | — | — |
| 2026-07-08 | BEAR | — | — | — |
| 2026-06-16 | BULL | — | — | Stale watchlist from previous day |
Other Active Breakout Setups
Earnings
Next Report2026-10-29 · TBD
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