Looking at the price structure $5.26 has been a pivot price range.
Depending on the daily close above $5.26, I expect MARA to perform a double bottom for 2022.
Good Luck
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I entered LONG at $5.10
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added to positions at $4.90
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Let's see what today brings, but this could begin a reversal?
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Watch for the weekly close today. Currently MARA is printing bullish divergence.
The price range has descended below the previous low this year (A) to complete C.
I am expecting some bullish reaction down here and begin another 5 waves up. Let's see
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Notice the Cloud and the 50% retracement. I believe that after a wedge breakout and following the declining selling volume, MARA should test the 50% retracement (that today is just above $9.50) to test previous support.
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I am monitoring for a daily close above $5.26 for bullish continuation