$XL a lot of accumulation the past couple sessions, not too much volume being sold during these “bad” days.. Price action showing a lot of strength for this consolidation phase, after the breakout we come back to test as support before the next move up.
This might look like a normal bear pennant but if you look closer, you can notice we are close to breaking past some key resistance levels. A couple trend lines were breached and we are consolidating in a healthy manner, intraday macd starting to cross.
$MARA with the hidden bullish divergence on the daily chart. #Bitcoin is really starting to pick things up. Lets not forget $MARA will report earnings soon. I don’t see why tomorrow can’t be start of the reversal
Friday we saw $MARA making a strong consolidation above the trend line. We should be hearing more news in regards to new miners being set up. Along with $btc making a strong push this week, $MARA has a lot of great things going it’s way.
Golden Cross on the 1hr chart 50ma with 200ma. RSI seems to be oversold, we can see the trend line holding and bouncing at these levels. Also , MACD showing bullish signs. Let’s push for a strong bounce to break the 57k resistance
Considerably a strong day for MARA compared to BTC and other plays like RIOT. Today we saw a continuation of the W breakout, volume not as heavy as other times but we are still consolidating nicely before the next leg up! $MARA
Taking a deeper dive into a MARA we see bullish divergence on the RSI. I like the uptrend its been fighting to hold. I also want to point out the consistency in the volume. We see more green candles than red, I do believe this will continue to move up with BTC reaching new all time highs.