$MARA sub $10 incoming
Updated
These BTC miners all look horrible. I don't know how anyone is convinced we're going higher here.
If we look at the chart on the 3D, you can see that we've formed a lower high and price is rejecting the cloud.
Should price get under $20.19, it would be extremely bearish as there is very little support below that level.
I think price likely falls from here down to the trend line, then we consolidate and break that trend line and fall into the grey box.
I'll only be a buyer in the gray box or if price can break back above $30.
If we look at the chart on the 3D, you can see that we've formed a lower high and price is rejecting the cloud.
Should price get under $20.19, it would be extremely bearish as there is very little support below that level.
I think price likely falls from here down to the trend line, then we consolidate and break that trend line and fall into the grey box.
I'll only be a buyer in the gray box or if price can break back above $30.
Note
Mara now under key support. Should it close under $20.19, it'll get ugly.Note
Mara had one job which was to close over $20.19. Ended up going from green to closing in the red and you have BTC dropping w/ it. That's not bullish.Note
Still going lower.Note
"I think price likely falls from here down to the trend line, then we consolidate and break that trend line and fall into the grey box.
Well price fell into trend line on Monday, now we consolidated for the past two days, now it's time to break the trend line and fall into the grey box.
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