Hello, today I have analyzed NASDAQ:MARA , Marathon Digital Holdings is a Bitcoin mining company.
The stock price has a 90% correlation with the Bitcoin price. As the value of Bitcoin keeps making all time highes Marathon's income will do
so as well. Since the company has more than 99% of their value in Bitcoin itself.
Why It will soar
Loads of...
Greetings fellow traders!
This is the 30min chart. However when you look in the Daily chart you will wee that we've been in this situation before. Only this time a mini version. The bigger version:
If it is a similar situation. Then we're probably going to see bullish continuation.
Short- & Mid-Term:
Lot's of bullish pattern forming. Most prominent one for me...
A cup & handle formed on the daily as I predicted yesterday. We can set the target at ~195 sats using Fibonacci retracement. This is slightly below the Fibonacci level.
It might be smart to sell here, wait for a sell off and buy it back a tad cheaper.
Cup and handle is a bullish pattern that indicates an upward movement after completion. In the current...
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Hello Traders and welcome to our channel. This is our thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If u have any additional questions let us know in the comments and we will provide you with the answer! Market Analize Team wish you a successful trading week
Hello Traders and welcome to our channel. This is our thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If u have any additional questions let us know in the comments and we will provide you with the answer! Market Analize Team wish you a successful trading week
XAU/USD Analysis - As we can see trend is bearish ,pice has just created a rejection wick on the previous low showing us promising signs of a continuation to the downside.
Remember that this is just one analysis and to analyse all trades on your own as well, don't forget to practice safe Risk Management!!!
Watch it as it mightrocket soon....
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no...
I am pretty new to technical analasys, so i would appriciate some feedback. What do people think, will it go up right away or will it drop to the second support and then go up?
Price currently trading at strong resistance area
not seen since May 2018
if price breaks this zone i expect a movement up to 1.4000.
Lots of fundamentals t5o keep an eye out for; Brexit, Vaccine, US Presidential news
Team,
Happy Trading, in this video I go over the price action for the newest IPO AirBNB. I went long at the open and sold way to early. Once we ramped up and trapped a lot of people we sold off below our initial offering. I had a bid to go at $139 which was 2 points away from the low. I expect us to ramp back above $150 tomorrow once the buyers who normally trade...
