MARA’s Elliot Wave (II) retracement front run the Fibonacci golden ratio and has now overcome the weekly 200EMA. The weekly pivot looms as strong resistance $21 just above the first target of our recent trade signal. If wave (III) is underway we should see price begin to accelerate alongside Bitcoin with an initial target of $31 followed by $80 High Volume Node.
Expect price to consolidate at the wave (I) resistance $30 for a while. Weekly RSI is crossed bullishly at the range EQ giving it room to move bullishly!
Safe trading
Expect price to consolidate at the wave (I) resistance $30 for a while. Weekly RSI is crossed bullishly at the range EQ giving it room to move bullishly!
Safe trading
PhD Candidate: Investing, Sentiment & Social Mood
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
PhD Candidate: Investing, Sentiment & Social Mood
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.