NASDAQ:MARA is in a steady uptrend and the price is sitting above the 200 and 50 moving averages. With the ~300% spike in Bitcoin transaction fees due to the BRC20 tokens many of the miners should do really well in May and possibly the next few months. Looking for the price to hit $15 and then head to $20 range where the next area of resistance is.
Trade active
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Bitcoin is rallying, MARA broke above $10 in premarket and also has earnings tomorrow! Shaping up to be an interesting day.
Hej @MostlyGood, thank you for sharing your idea. I agree this pullback is another opportunity to load shares. Year-to-date, this crypto miner is up 160.61%. That's an amazing return in 2023. All the best and keep going :) J.R.
leotkw
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broke your trend line last night
BosTrader1
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@leotkw big money will push this SP beyond TA lines. End of the day it’ll follow bitcoin price
I agree this pullback is another opportunity to load shares. Year-to-date, this crypto miner is up 160.61%. That's an amazing return in 2023.
All the best and keep going :) J.R.