That should be the bottom of the correction. See if BTC comes up from here over the next few hours.
Look for support at WHITE trend line Resistance forming at YELLOW line (around $51.90) Assuming BTC pumps today we could see highs near LIGHT PURPLE faded trend line. I see price movement between the YELLOW arrows today. MARA loves to pump out the gate, with profit taking shortly after. If lookin to enter today aim for limit order near support WHITE Good...
I see another pump coming for Bitcoin within the next few hours. 😎 Might be near the weekly candle close. Let's see what what happens 👍
2 potential options for short term 1) close 1H candle above 60 and remain in wedge for breakout 2) close 1H candle below 60 and drop further to test previous resistance trend line and come back up
Careful if SOS passes below the Cloud and breaks down out of the triangle
SOS has litigation issues. They breakout may not happen for a while. Trade carefully. These links have more info if you are affected: www.newsfilecorp.com www.hbsslaw.com
MACD 1D appears elevated and near it's cycle top May see a retest on RED support trend line. While consolidating in triangle before a break out occurs. Low volume in BTBT currently
End of week can lead to profit taking and close out weekly profits. This typically starts around mid day trading. MACD on higher timeframes are looking bullish ready to move up. Support is back on the BLACK line with resistance at around $58 if Bitcoin surges while trading. IMO Monday and next week is looking very Bullish for MARA and Bitcoin - all focusing on...
Watch for Bitcoin price to affect MARA. Look for breakout from Flag (more likely)
Today is my one year Bitcoin anniversary! 😁 I want to thank everyone that has sold me your sats and provided me numerous discounted prices over the last year. Every dip allows me to buy more and more of your Bitcoin. Please continue to sell them to me. 😎 I am truly grateful for your generosity and your unselfish desire to help me out. My family thanks you and...
MARA is in between support and resistance. If Bitcoin gains momentum we could see resistance at the black ATH line around $50. If Bitcoin cools off more we could encounter support with MARA against the 20 EMA 1D and the ATH descending trend line. Careful to watch the MACD - another down day today could start the end of week sell off. Short Term target is the...
Wait for entry after the YELLOW resistance line has been broken upwards. Target is the BLUE trend line. If Bitcoin is still raging upwards and we clear the BLUE trend line, then the upper GREEN Trend line is in play.
RIOT is encountering RESISTNACE against the YELLOW line. Watch and wait for Break out before entry and a run up attempt on the BLUE Trend line. If Red Lower support Trend Line is broken, greater downside could come with Head and Shoulder formation.
Wait for entry after breakout to upside from YELLOW resistance line. If Lower Trend line is lost, Head and Shoulders may develop for more downside.
RSI is in the white over bought area. MACD is increasing Take Profits any time between now and at the upper trend line and wait for another entry once RSI and MACD cool off and we approach the lower trend line again
Wait for the YELLOW resistance line to be broken with a breakout candle before entry into CAN. Then we could see a fast push to upper trend line where profits can be taken and a triangle sell off follows (as before)
Look for short term target of BLUE Trend Line. If Bitcoin is still climbing with new ATHs, then GREEN UPPER Trend line is in play for profit taking in the short term. Look for support at previous ATH (near $51.50) and deeper support at the black line ($49.90) as previous ATH (Fib) and previous resistance. MARA is looking great. Buy those dips, there is room to...