C&H or bullish island reversal pattern
I'm a long term $Mara bull. Here's my quick overview of the chart. I have two scenarios on Mara, one is a cup&handle and other is bullish island reversal pattern; link below for island reversal.
www.investing.com/an...rn-on-the-spy-375998
FYI: Remember $Mara Correlates with BTC
Scenario #1 we fail the support mara fills the gap at 27 area, there I would scale into calls...
Scenario # 2 If Mara holds support with strong BTC sentiment, my PT is around 33-36-39 in the coming weeks.
Support A. 30.10
Support B. 29.15
Support C. 27.45
Support D. 26.96
Resistance A. 30.79
Resistance B. 31.50
Resistance C. 32.09
Resistance D. 32.90
www.investing.com/an...rn-on-the-spy-375998
FYI: Remember $Mara Correlates with BTC
Scenario #1 we fail the support mara fills the gap at 27 area, there I would scale into calls...
Scenario # 2 If Mara holds support with strong BTC sentiment, my PT is around 33-36-39 in the coming weeks.
Support A. 30.10
Support B. 29.15
Support C. 27.45
Support D. 26.96
Resistance A. 30.79
Resistance B. 31.50
Resistance C. 32.09
Resistance D. 32.90
Comment:
Damn how manipulative are the big guys on $Mara wow what a day lol
Comment:
BTC dead in china, Lets see if Mara goes lower to around 24 ish range
Comment:
btc below 30k can hit 22k, which can flush mara to 19 dollars