Interesting concept @ MARA and miners. How stocks move conceptually, dont need to take it at face value. When public gets in and it's euphoric is a bubble indicator. Perception of stock to fly etc. And then return to earth.
Good day traders! Are we on the cusp of miners exploding to the upside? I think so!! We are about to embark on wave 3 impulse and based on last cycle, all indicators point to $200 target.
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.
Marathon Digital Holdings Inc ( NASDAQ:MARA ) has defied expectations with a remarkable 23% surge in its stock value, despite a notable 42% decline in Bitcoin production for the month of January. The company's resilience in the face of adversity has captured the attention of investors, highlighting the enduring allure of the cryptocurrency market. The surge in...
MARA is on the move again. Longterm 50%-100% gain to get back to previous highs. Also watch BTC cryppto also to see if Bitcoin will run to indicate MARA moves coming.
MRO on the intraday is showing signs of Bullish Divergence on both the MACD and RSI at the potential HOP level of a Bullish Bat. If this plays out I think it could make a move up towards $25
Simple Head and Shoulder pattern playing out before the BTC halving. Prior to last ATH for MARA there was a Head and Shoulders that played into the ATH. You can see around $20 MARA would break the neckline and then there is a bit of resistance before hitting ATH.
Ive been watching this stock for quite a while, and waited for a good opportunity to hold shares from $7. Weve got a few levels above us that need to be confirmed and forming a bullish falling wedge reversal. Target approx HKEX:17 - HKEX:18 Only time will tell.
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.
Simple Divergence. If btc trends higher this should follow closely.
Vanguar, BlackRock, and today George Soros buying a stake in MARA, one reason $170 USD price
Even though the chart looks like it's forming a H&S top, I think the next move is likely to be higher before we see a breakdown. I could see $MARA bouncing somewhere between here and $6.80-6.60, then putting in one more move higher to the two resistances above. Let's see if it plays out this week.
totally kidding but thats besides the point, all these blockchain companies should have some support lower once btc finally turns around so they can show profits again, most of them are mining behind the scenes so once they lose all this value therye a decent punt depending on how you look at things. would keep an eye out and start accumulating this sub $1, good...
"Cryptocurrency Turmoil: The Ups and Downs of Coinbase and Other Digital Asset Companies" Coinbase is a company that helps people buy and sell digital coins called cryptocurrencies. It became a public company in April 2021 and was worth a lot of money at the time. But lately, the value of cryptocurrencies has been changing a lot and it's made it hard for...
Mara: the more conservative approach in my opinion would be to wait for the gap fill below prior to starting to accumulate as price consolidates and hopefully starts to move to the upside. only for illustration purposes not trading advice.
ABC correction ended @ fibonacci 50% and 1.236 fib extension. And we see an impulse from that level. Marathon is a digital asset technology that supports and secures Bitcoin ecosystem. Expect at least 10X return in the next bull run.
1. Graphical Analysis Since the all-time high, the price has dropped 99% on March 16, 2020 in the pandemic crisis. It then rose 23000% reaching the peak on November 15, 2021, exactly one year ago. However, it was insufficient to recover the historic maximum. It is now in a definition region. It needs to break the psychological resistance of $10 and after $20 to...
With an overlapping wave structure since its inception, Marathon has seemingly finished Wave 3 of its apparent diagonal wave. With Wave 3 being longer than Wave 1, it should also be expected for Wave 4 to be longer in price length than Wave 2. This makes it very probable for share price to see a 50% shave over the next couple-few years. A drop below the yellow...