MARA🎯 Mara remains at the golden pocket support and channel lower boundary. It is below the daily pivot and 200EMA, showing the bears are in control. Price appears to be in an Elliot wave B, restricting upside targets to the 1:1 Fibonacci extensions at $106.
📈 Weekly RSI is nearing oversold with room to fall but has bullish divergence
👉 Analysis is invalidated if we close back below wave (II), $3.07
Safe trading
🎓 PhD Econ: Market Psychology
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.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 Econ: Market Psychology
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.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.