IF BTC had held 12k MARA would have jumped higher this morning. Now i am not sure. Maybe they are dumping tech to buy the SPX The Next time the BTC price jumps up and holds over the weekend MARA will jump with it on that Monday Morning.
So we jumped early before earnings - buy this on the dip The cat is out of the bag. This could go to $100 so get ready just keep buy it. The rip up today should falter and fall - buy when it drops - it will be the last low price you see. Check out my RIOT chart as it is a similar company.
RIOT will drop before ripping higher. if you like crypto mining stock check out MARA they are in it to and has had the same price action. I want to pick up more at 3.50 before going to $10
Bitcoin has risen more than 7% over the last week. Smashing $10,400 Monday. As many expect stimulus package will arrive August and as D.C treats bitcoin as "money" Many crypto traders in the United States say their next $1,200 stimulus payment will go ‘straight into Bitcoin.’ We'll see a clear breakout of $MARA as it has broken $1.39 resistance. Its still...
Wedge breakout, little IH&S on the right
google bearish megaphone pattern
Wait for retracement to finish and enter on retest of broken structure
Wait for impulsive breakdown of trendline and structure. Retest structure and enter short
Multiple confluences: Structure 1hr 50EMA Trendline 618 fib retracement
Wait for breakout and retest of marked zones shown on chart. 180 pip targets for both Longs and Shorts.