Get started
peterbhc

MARA consolidation for a +$18 push

Long
Marathon Digital Holdings, Inc. (NASDAQ:MARA)  
peterbhc Updated   
NASDAQ:MARA   Marathon Digital Holdings, Inc.
Support and Resistance Fibonacci Trend Lines
15
9
supportandresistance fibonacci trendline
MARA is at trendline resistance.

I show a completed wave i and now an A-B-C correction to ii.

Once the trendline resistance flips to support, that should expose +$18 target for MARA.

Good Luck
Comment:
snapshot

A looks complete, B in progress, C pending.

So far so good.
Comment:
snapshot

C wave in progress. Could be an expanded flat?

If $12.54 fails as support look to next fib levels marked.
Comment:
snapshot

the 1.618 looks like support. Watch the 15 min MA50 to break above - for bullish advancement.
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.