Watching
MARA closely as it's forming a potential double-bottom pattern. Two key points that caught my attention:
Increasing volume: Recent volume spikes suggest growing interest and possible accumulation.
Bullish Divergence: Technical indicators showing divergence, hinting at a possible reversal upward.
My plan: Wait for confirmation of the double-bottom formation. If validated, I'll enter the position targeting take profit around $20.
Increasing volume: Recent volume spikes suggest growing interest and possible accumulation.
Bullish Divergence: Technical indicators showing divergence, hinting at a possible reversal upward.
My plan: Wait for confirmation of the double-bottom formation. If validated, I'll enter the position targeting take profit around $20.
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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.