Mara has entered an extended bear cycle

2 Apr

I do not expect Mara to change trend until at least September 2025, which is based on past data. There will most likely be a push up to the 50 SMA/EMA at some point in the future but It will most likely be rejected , which has happened in the past. Mara is only good for day and swing trading and any long term investment will just fester for months. I have higher confidence that all targets will be hit during this time. I will update when there is an actual trend change.

18 Apr

Dagangan aktif

I had a long write up about a change in momentum but Trader view had issues with an unpublished indicator nonsense and I lost my write up. Thanks tradingview for making life more annoying than needed with your rules!
However, yesterday was confirmation that momentum has changed and many indicators confirm this. The next level that Mara needs to conquer is $16 and there are other levels before that might cause resistance. Expect a pull back from $16 and there should be expectation of a pull back when price test the 50 sma/ema on the weekly chart. Just below $12 dollars is a good stop loss location. Mara is not out of the woods but things
have changed and there were there were two green vectors on that daily time frame that is a strong
indication of major buying interest.