Short term long position on MARA.

MARA showcases a compelling setup as a tail forms at a critical support level on the daily chart, signalling heightened buyer interest. This potential catalyst, coupled with increased volume, may fuel a short-term uptrend, targeting a minimum retracement level of 23% and an extension up to 38%.

Commentaire:

I've executed a partial close of my position upon reaching the 23% Fibonacci level. I plan to maintain the remaining portion and will closely observe price action.

Commentaire:

Closed remaining position.