MARA rocketed down last night frighteningly for many investors and BTC did a plummet as well.
This morning, I eyed a great opportunity to buy in around $22 in the pre-market trading on WeBull. I just love the oversold and overbought indicator functions!
You can see the trade analysis much better in a smaller timeframe, but TradingView only allows 15 minutes or more time frame for public ideas. I've set up our Fibonacci levels as guidelines for when to buy and sell.
As predicted, it started to regain its losses to $23, to the projected target of $25-26. It is currently overbought in a shorter time frame at $26, and may go down further tomorrow. More losses are predicted, but not necessarily going to happen. We will see. Watch the trendlines! Watch the 55-56k level for Bitcoin!
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