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kylevd23
May 13, 2021 5:28 PM

$MARA looks like we have more down possible Short

Marathon Digital Holdings, Inc.NASDAQ

Description

Using ichimoku, and the fact of the recent BTCUSD downward movement, we have more room to go down, and looks like we could probably touch $14 range before something happens. Volatility is always a big deal with MARA, and though I have a long position in MARA, I won't do anything until it touches $14 area and confirms a bounce back. This is just my own analysis and in no way financial advise. Short term short, before highlighted is met.

Order cancelled

Looks like Mara was able to bounce in the 200 EMEA daily area and is holding up, so let's see if it is able to rise back up now.
Comments
Pokethebear
EV/MV at 2/1 ratio now, if right scoop up at 3-4/1. It should report positive earnings this Qtr at BTC over 50K.
monreal411
Not to mention the SMAs on the daily are indicating more downward movement. I also don't believe SPX and NASQ are done correcting. It's always a good idea to track both of them closely, especially with all this volatility.
pechi123
Another one who deletes comments.
kylevd23
@pechi123, ? what do you mean another one who deletes comments? where did I delete comments?
pechi123
correction: using a 1 or 5 minute chart (5/13).
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