MARA interesting price action

21 de mar. de 2021

Looking at the technicals here. MARA is having a nice consolidation period with low volume and sellers drying up, with the overall market downtrend condition right now with high bond yields. MARA has very impressive price action and is one of the only which still holds its place and not in a downtrend dive. A possible entry for me with nice volume confirmation would be at the breakout of the black and red lines for an all time high play. Seeing here also a double bottom which is a nice addition for confirmation with crpyto making higher highs during this period of time. But with the overall market condition its still somehow of a neutral, unless it outperforms the market.