MARA Holdings, Inc.Short
Dead cat bounce Mara
I am expecting a rather ferocious dead cat bounce on BTC and BTC related stocks in the near future. I have also been trying to use the OBV indicator more often on daily and weekly charts. MARA lost steam very clearly recent and I am hoping for an aggressive bounce to around 18$ before the dead cat as BTC dumps to 32-36k. This will be a perfect long term setup as the halving occurs into an election year, it will give a runway for new all-time highs this year or early Spring.
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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.