MARA - Back To $9

Similar to RIOT, MARA also has a large gap that I think will more likely than not; fill.

These stars and doji show that this is 1.272 fib is significant and the recent probe higher is a shakeout reversal pattern I think.

Looking very corrective to the upside.

A 1.618 extension will take it back down passed support and if it can overshoot a little it will fill the gap.

There's nothing to say it cant correctively drift higher but a fall is coming soon for MARA.

Also NDX and BTC looking bearish which should help move things along.

I will start buying and shorting puts (bullish) again at support down to the bottom of the gap.

Not shorting.

Not advice.

Comentário:

Also earnings coming up so obviously that could change things. We'll see.

Comentário:

Since Nov '20 MARA has been bearish after earnings. It was only when BTC pumped did MARA have a positive post earnings rally - and BTC and indexes are looking bearish, so its a probability game and I guess it will fall.

Comentário:

When the wise guys are in town get ready for a rug pull.

Comentário:

Did someone say "rug pull" 😸?

That gap will fill as I said and could go lower, I'll look into it.

Comentário:

Shout out to @TrueGann and the 4 free lunchers that like his comment. Tough day at the office guys 😅?

Comentário:

Would any more humpty dumpties like to criticise my call before this thing collapses?

Might go quite a bit lower i think. We'll see.

Comentário:

Told yer it would pull back 😅.