New descending channel ??

Looks to me as if Mara is falling in a descending channel, I entered yesterday after the initial 10% drop however cut losses quickly as it continued to drop.

I dont see any strong support areas until the 30 levels

Is this due to the new COIN IPO ?? Not sure

Let me know what you think, new to publishing my ideas so I would love as much feedback and criticism as I can get!


**Not a Financial Advisor**