MARA $43 this week. ATH late April
MARA has been trending upwards beautifully in this upward channel with multiple bounces off the top and bottom as well as the median of the channel.
The top line of the triangle converges perfectly with the median of the channel as well as a key resistance level at $43.30 on April 6th. From there I expect to consolidate a bit within the channel and triangle until we break out of the triangle in mid-late April for ath.
Thus is a conservative estimate. MARA may break out of the triangle this week, and if so, we can see ATH very very soon.
The top line of the triangle converges perfectly with the median of the channel as well as a key resistance level at $43.30 on April 6th. From there I expect to consolidate a bit within the channel and triangle until we break out of the triangle in mid-late April for ath.
Thus is a conservative estimate. MARA may break out of the triangle this week, and if so, we can see ATH very very soon.
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