TradingBangers

MARA dropping to 7 bucks this week!

Short
BATS:MARA   Marathon Digital Holdings, Inc.
MARA stock is in a Head and shoulders bearish pattern with 2 trend lines magnetizing it towards fibonacci 1.618 target to touch the trend lines. We have a bearish rsi divergence on the daily chart confirming huge selling last high around 35 or 30 i believe. Target for h & S is the top to the neckline which again brings us to nearly $7 near the golden ratio 1.618.

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.