dRends35

MARA - Back To $9

Short
dRends35 Updated   
NASDAQ:MARA   Marathon Digital Holdings, Inc.
Similar to RIOT, MARA also has a large gap that I think will more likely than not; fill.

These stars and doji show that this is 1.272 fib is significant and the recent probe higher is a shakeout reversal pattern I think.

Looking very corrective to the upside.

A 1.618 extension will take it back down passed support and if it can overshoot a little it will fill the gap.

There's nothing to say it cant correctively drift higher but a fall is coming soon for MARA.

Also NDX and BTC looking bearish which should help move things along.

I will start buying and shorting puts (bullish) again at support down to the bottom of the gap.

Not shorting.

Not advice.
Comment:
Also earnings coming up so obviously that could change things. We'll see.
Comment:
Since Nov '20 MARA has been bearish after earnings. It was only when BTC pumped did MARA have a positive post earnings rally - and BTC and indexes are looking bearish, so its a probability game and I guess it will fall.
Comment:
When the wise guys are in town get ready for a rug pull.
Comment:
Did someone say "rug pull" 😸?


That gap will fill as I said and could go lower, I'll look into it.
Comment:
Shout out to @TrueGann and the 4 free lunchers that like his comment. Tough day at the office guys 😅?
Comment:
Would any more humpty dumpties like to criticise my call before this thing collapses?

Might go quite a bit lower i think. We'll see.

Comment:
Told yer it would pull back 😅.

Part 2 14/5 - Crypto Focus video now uploaded😼.

The tide is turning and blind hodlers might be rekt down the road💀.

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