If
MARA has formed a bottom, a breakout above the established downward trend line may signal a potential trend reversal. This could be a bullish indication, especially if accompanied by increased trading volume or confirmation from other technical indicators such as RSI crossing above 50. In such a scenario, it might be considered a favorable entry point for traders anticipating upward momentum.
Trade active
Following the successful breakout, a further move upward is expected as long as the support line remains intact.Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.