The stock market cycle of psychology? The wave of "Public" enthusiasm.
On the 15-minute chart- RIOT uptrended and then retraced. It is now supported by the standard Fibonacci retracement zone and UNDER the intermediate term mean anchored VWAP. On the RSI indicator, the signals are UNDER the 50 level another suggestion of direction being forecasted. In the meanwhile BTCUSD is trending down. while RIOT is not trading. I will watch...
FUFU went public visa a SAPC ; It is a crypotminer from Singapore. Market cap is SEED_TVCODER77_ETHBTCDATA:1B and the price to sales is 4. On the 30 minute chart with a set of anchored VWAP lines and a predictive algo based on Gaussian regression lines by LuxAlgo., price is seen first in a VWAP breakout into above the third upper VWAP lines peaking on ...
Bitcoin is fighting the short term trend. its lost the 7 day moving average over the last few sessions. Bulls retraced and tried getting above. The have not been successful at confirming above the key trend. A 4 hour Head & Shoulders pattern has triggered but on watch for a potential bullish reversal.
NASDAQ:RIOT monthly chart. RIOT, MARA, MSTR normalized to BLX. RIOT almost at March2020 lows, MARA more resilient. MSTR almost taking out 2021 ATHs. TLDR: Rotate MSTR into miners 🙂
If BTC uptrend in tact. RIOT has bullish post-june fundamentals. If Rate cut thesis in tact etc.
In this bull market, it could triple your money. Should stay above 16.25, if it loses 16, then it could go down a lot lower.
If you haven`t bought the dip on MARA: Then analyzing the options chain and the chart patterns of MARA Marathon Digital Holdings prior to the earnings report this week, I would consider purchasing the 26usd strike price Puts with an expiration date of 2024-6-21, for a premium of approximately $7.75. If these options prove to be profitable prior to the earnings...
MARA fell a few days ago while Bitcoin is staging another leg higher along with other coins. On the 30-minute chart, MARA is in undervalued territory below the mean-anchored VWAP and near to the bottom of the high volume area on the volume profile but above the POC line. This seems to be an obvious long trade for me to take. I will set a stop loss of $1.00...
MSTR is now oversold but has a great earnings beat and the cryptomarkets surging to support a bullish idea. The 15 minteu chart shows price sitting on support of the POC line of the immediate volume profile. With confluence, it is above a fully horizontal lower VWAP line that has no slope. Support and resistance horizontal zones are drawn in for reference...
There has been a significant bullish momentum for Marathon Digital Holdings ( NASDAQ:MARA ), a prominent player in the Bitcoin mining industry. The stock has been performing well, and the company has recently reported a record-breaking Bitcoin production and mining operation for December 2023. One of the key factors driving this bullish trend is the recent...
It's been a difficult time being a Mara/BTC miner holder the past few weeks, as BTC has hit ATH's and the miners have counterintuitively been crashing and burning.. No one was expecting the BTC ETF to have the demand that it did, there just isn't enough BTC out there, post halving this will get even tighter. Historically, once previous cycle ATH's have been...
I’ve been looking at the trend bitcoin is taking and i think it may be exhausted and taking a breather… I also have been looking at crypto mining stock such as riot and Mara both developing a double top, and with the ascending triangle Btc has, i think it may actually move downwards to fill a gap, and push back up. Also the long tail on the red candle tell me...
MARA is a bitcoin mining company that trades at a cheap price. It adds more bitcoin to it's assets every day. This stock is probably at at least 60 bucks the next time bitcoin tests its highs in the 60s. If bitcoin is at 100k in the next few years I think this stock is well over 100 bucks. So I think there is more upside to this stock than bitcoin itself.
Consolidation complete with rising BTC, this should bounce of right shoulder as support for invers H/S and run to $30
Sold March 15th $24/$28 put vertical for $2.3 credit. My breakeven is $25.7. I will receive the full credit if the stock is above $28 by expiration. Oversold and CRYPTOCAP:BTC is rising.
If BTC runs up higher, I see no reason as to why MARA would not play out on this bull flag. We are crossing the EMA ribbon and setting up nicely. Not financial advice, DYOR.
Bitcoin (BTC) Is getting closer to $60,000 and may eventually break the All-time High. There are a few ways to capitalize on BTC moves. 1. Direct purchase of crypto from crypto exchange like Coinbase 2. Invest in stocks associated with BTC. Examples include NASDAQ:MARA , AMEX:GBTC , NASDAQ:COIN , NASDAQ:RIOT , NASDAQ:MSTR 3. Invest in LEAPS options...