Marathon Digital Mining Stock Head and Shoulders pattern

6 Ara 2023

Simple Head and Shoulder pattern playing out before the BTC halving. Prior to last ATH for MARA there was a Head and Shoulders that played into the ATH. You can see around $20 MARA would break the neckline and then there is a bit of resistance before hitting ATH.

6 Ara 2023

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NECKLINE is white dotted line at the top of the peaks. Lower dotted dashes were notifications set last month.

9 Ara 2023

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We are now approaching the neckline. Buy and hold through the neck and to the next support level. A fib chart will give some good idea of where to look for a possible exit as well.

9 Ara 2023

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Hit the load new bars button. Itll bring the current candle closer to the neckline.