With the break of the $7.90 premarket (now a gap down open) low we know that daily consolidation is underway. Given that BTC is looking for hourly lower highs and that MARA is trading in kind we can look to MARA to see weakness on any short term bullish attempts.
The most likely outcome here is a lower high under $8.50 which would see short term bulls over extended in a range wherein we will be scouting weakness.
Bears still need to prove themselves so as always we will be managing the stops quite closely.
The most likely outcome here is a lower high under $8.50 which would see short term bulls over extended in a range wherein we will be scouting weakness.
Bears still need to prove themselves so as always we will be managing the stops quite closely.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.