Marathon Digital Mining Stock Head and Shoulders pattern

Long

Marathon Digital Holdings, Inc. (BATS:MARA)

Updated

BATS:MARA Marathon Digital Holdings, Inc.

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Simple Head and Shoulder pattern playing out before the BTC halving. Prior to last ATH for MARA there was a Head and Shoulders that played into the ATH. You can see around $20 MARA would break the neckline and then there is a bit of resistance before hitting ATH.

Comment:

NECKLINE is white dotted line at the top of the peaks. Lower dotted dashes were notifications set last month.

Comment:

We are now approaching the neckline. Buy and hold through the neck and to the next support level. A fib chart will give some good idea of where to look for a possible exit as well.

Comment:

Hit the load new bars button. Itll bring the current candle closer to the neckline.

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