MARA - Bounce Play ð
Indexes looking like they may bounce here and BTC printing a descending channel brings my attention to crypto stocks again.
MARA looks a good chance for a bounce.
Currently below the supply trendline could break through soon.
RSI showing bullish divergence.
A bounce to 0.618 is reasonably likely, maybe slightly further at a push and that would see it probe back above the 4H50MA.
So thats what i'll be aiming for - around $15, but if bearish candles turn up I may exit sooner.
This trade is only valid as long as indexes bounce here.
Not advice.
MARA looks a good chance for a bounce.
Currently below the supply trendline could break through soon.
RSI showing bullish divergence.
A bounce to 0.618 is reasonably likely, maybe slightly further at a push and that would see it probe back above the 4H50MA.
So thats what i'll be aiming for - around $15, but if bearish candles turn up I may exit sooner.
This trade is only valid as long as indexes bounce here.
Not advice.
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MARA opening bearish here and indexes opening with a big gap against trend so nothing doing here currently until that resolves. I am long ETH and UNI already.āļāļąāļāļāļķāļ
Indexes pushing up from the gap, cryptos are pumping and MARA is across the supply line + bullish divergence.I have bought back into MARA.
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Indexes have had huge whipsaw and downside today and MARA is flirting with failure through 50MA so this trade is no longer for me. I'm out.
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But offering 20% discount to join my group ððŧ
Lots of content every day with regular videos, 1:1 and chatroom ð.
Telegram Group: $40 for first month in January (then $50)âĻ.
Contact: t.me/dRends35
I'm taking a break from TradingViewððŧ.
But offering 20% discount to join my group ððŧ
Lots of content every day with regular videos, 1:1 and chatroom ð.
Telegram Group: $40 for first month in January (then $50)âĻ.
Contact: t.me/dRends35
But offering 20% discount to join my group ððŧ
Lots of content every day with regular videos, 1:1 and chatroom ð.
Telegram Group: $40 for first month in January (then $50)âĻ.
Contact: t.me/dRends35
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