peterbhc

MARA finally time to elevate?

Long
NASDAQ:MARA   Marathon Digital Holdings, Inc.
Will it be a MARA MAY?

Mara needs to gain above the YELLOW descending resistance level and back test against it to confirm upwards progress.

If that happens on Monday, the MACD 1D should cross and signal bullish investors.

Resistance may be encountered short term at 0.786 fib ($45.50)

As BTC pumps or dumps so will MARA.

Careful for a BTC rejection at 60K - lots of profit taking will occur there. if 60 is lost, we could consolidate more. IMO BTC will pump but be prepared.

Watch for confirmation signals above

Good Luck
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.