NASDAQ:MARA Marathon Digital Holdings, Inc.
Remember how I ALWAYS remind you all that I don’t trade crypto, but I trade crypto-related equities? Yep. Here ya go. Action has looked really nice on this one as of late. Will be watching for early weakness to scoop. A 50% retrace of Friday’s move puts us right into the highs from Thursday around 38.5. There’s a chance any morning flush might not quite get there and instead may bounce off that annual pivot around 39. I very well may start there and be ready to add if it continues down towards my next area. Make sure you have the $BTC chart up when you trade any of these names as they will be very correlated.