Scouting $MARA ShortRecent strength in BTC & Crypto has resulted in a strong MARA daily breakout. Bitcoin is due for daily consolidation so we will be watching for signs of weakness and a sympathetic decline on related names like MARA.
Caution as we have not yet seen the weakness we need but we are preparing to react.
For continuation bulls need to break $8.75 and see BTC having similar follow through. Watching for the following
1. Periods of weakness and rejection from intra day levels, possibly $8.75
2. Hourly consolidation with significant advance toward the $7.21 support
4. Loss of the hourly uptrend into daily consolidation.