NASDAQ:MARA has rejected off a key resistance area and is headed towards the bottom of the channel around 13$.
If BTC continues to show weakness and the Macro Economic situation does not improve, we can expect MARA to break the lower trendline and move to the 9$ level.
I am ultra bullish on MARA for the long term and will be loading my bags once we hit these targets.
Stay Tuned!
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First target 14.5$ reached. Looking for more downside
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13$ Target Reached as predicted.
Do we bounce from here or do we break the trendline?
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Beautiful breakdown of the trendline!
Next target is $10.50.
Have your bags ready to load, we're approaching our buy targets
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Idea is still active, we had a higher than expected bounce due to the BTC ETF news but we have since retraced most of the gains.
Looking for that 9$ target to load my bags.
Trade active
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And just like, we've reached our target perfectly!!!
Opening a small position here and will continue to add as we go lower.
Nice idea, I had a similar thought after we hit $20, there is actually a gap that was filled today between $11-$12. Perhaps this may be the support zone.
WhatsTheMap
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@afurs1 i agree, for the short term at least we could stay around this area but I dont think BTC is done moving down, MARA will follow if that’s the case. My BTC is target is 23k
afurs1
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@WhatsTheMap, For sure, I have that price on my radar as well. Thanks for sharing.
TORNADOF5
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fuk why as i short this crap it it up 20cent premarket :{