MARATHON PATENT_ MARA
Updated
Break below 200 MA is bearish with target at 2.5
Support at 200 EMA and bounce back + potential break out of the bull flag - BULLISH with target around 8$
Support at 200 EMA and bounce back + potential break out of the bull flag - BULLISH with target around 8$
Trade active
We broke below 200 EMA and we did hit $2.5 target, we are sitting on .618 Fib and try to run up to 3$if we get rejected at 3$ we will retest 2.5$ or lower into 1.8$ area where we should see strong support!
Above 3$ we are looking to 4$ target
I am planning to add more at 2.5 and 1.8$
Long term target 10$ for 2021
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.