MARA has been taking a huge hit recently. If you have been following my trades, you likely know that we have been waiting for this pullback to the $8 range as we have some strong support zones here.
We're seeing some consolidation here in the form of a descending wedge. I can see a move upward as the RSI is also showing us some positive signs.
Looking to move towards the 200MA and we will see how the market reacts at that point.
Cheers!
We're seeing some consolidation here in the form of a descending wedge. I can see a move upward as the RSI is also showing us some positive signs.
Looking to move towards the 200MA and we will see how the market reacts at that point.
Cheers!
Trade active:
Looking for this breakout to play out. Target will be $9+
Trade active:
TP 1
Trade closed: target reached:
Letting a small portion ride in case we continue to move. Congrats if you took this trade.
Letting a small portion ride in case we continue to move. Congrats if you took this trade.
Still in wedge formation