MARA might POP OR DROP which one is it?????
Hello Traders,
I have had my eye on MARA for the last couple weeks and it is looking interesting...Let's dive in...MARA has been is a downtrend since hitting ATH's in Nov of 21...We have entered into a consolidation area trading into a bearish flag...We are currently below all the MA's, broken the 50 RSI line and testing signal line, in -MACD but we have waning downward pressure and looking for a cross into +MACD territory...Price target to the upside is support turned resistance 1 which I could retesting this area before another big downward leg in this stock...As long as cyprto's appear to be in a bear market I believe this stock will follow suit...What are your thoughts???? Happy Trading!!!!!!
I have had my eye on MARA for the last couple weeks and it is looking interesting...Let's dive in...MARA has been is a downtrend since hitting ATH's in Nov of 21...We have entered into a consolidation area trading into a bearish flag...We are currently below all the MA's, broken the 50 RSI line and testing signal line, in -MACD but we have waning downward pressure and looking for a cross into +MACD territory...Price target to the upside is support turned resistance 1 which I could retesting this area before another big downward leg in this stock...As long as cyprto's appear to be in a bear market I believe this stock will follow suit...What are your thoughts???? Happy Trading!!!!!!
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