Rising wedge and bearish RSI divergence on the larger time frames daily and 4hr brought and is bringing this one down to rising wedge target (the lowest point of the wedge) of 60,000.
MARA stock is in a Head and shoulders bearish pattern with 2 trend lines magnetizing it towards fibonacci 1.618 target to touch the trend lines. We have a bearish rsi divergence on the daily chart confirming huge selling last high around 35 or 30 i believe. Target for h & S is the top to the neckline which again brings us to nearly $7 near the golden ratio 1.618.
MARA is in a bearish Head & Shoulders pattern on the bigger time frame of 1 hour indicating a high possibility of success. This would bring the target to around $8 near 7.44 1.618 Fibonacci. If this is the case, it should happen this week, and fast. The RSI bearish divergence at the top of the H & S confirms this.
MARA (Bitcoin mining company I think) stock is currently in a bearish Head & Shoulders pattern. I’m currently in puts and expect this to hit at least $8 next week. This coincides with bitcoin heading to $60,000 and losing steam.
AMC has finally broken out of a multi-day bull flag and is headed to $10 or higher. 12/2 $10 calls is what I would buy and I’d sell at one of the Fibonacci take-profits targets or a solid reversal on the 15m chart with Heikin Ashi Candles next Week or Friday. Enjoy‼️
