MARA Double Bottom at $5.26 support?

Will MARA turn around here and begin to climb?

Looking at the price structure $5.26 has been a pivot price range.

Depending on the daily close above $5.26, I expect MARA to perform a double bottom for 2022.

Good Luck

Trade active

I entered LONG at $5.10

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added to positions at $4.90

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Let's see what today brings, but this could begin a reversal?

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Watch for the weekly close today. Currently MARA is printing bullish divergence.

The price range has descended below the previous low this year (A) to complete C.

I am expecting some bullish reaction down here and begin another 5 waves up. Let's see

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Notice the Cloud and the 50% retracement. I believe that after a wedge breakout and following the declining selling volume, MARA should test the 50% retracement (that today is just above $9.50) to test previous support.

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I am monitoring for a daily close above $5.26 for bullish continuation

peterbhc

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peterbhc