As discussed at length a couple of months ago, we've been keeping a close eye on the internal strength relationship between Marathon Digital Holdings (an American Bitcoin mining company) and the Bitcoin spot price. As we can see, the soon four year long reversed head and shoulders pattern has now gotten a technical breakout. As long as this DOESN'T turn into a...
$GREE went through a merger with $SPRT. The merger was an absolute nightmare for holders of $SPRT. They were not given the appropriate number of shares of $GREE relative to the price of the old ticker $SPRT. Not only did they see a -50% loss the stock fell from ~50$ ipo price to where it is today ~$22-$23. Now for some possibly good news. It does look like $GREE...
On the back of the crypto run I think the miner stocks have some good plays as well, especially those with options.
Marathon Digital Holding - MARA - Stock with a Crypto Flare! Many times this stock, MARA, follows the price movement of major cryptocurrencies such as Bitcoin(BTC). From a Technical Perspective MARA has bounced off the fibonacci golden zone and may project to the 27.2 or 61.8 projections. Edutainment Purposes Only!
//Targeting Metrics// Bullish Elliot Wave will end at ~$20 on 01DEC2022 Marathon Oil has taken steps to improve earnings by cutting cost for the year 2021, that which is reflected after analyzing and comparing this company’s financials quarter-to-quarter. MRO currently benchmarks in the 91st percentile in the crude petroleum and natural gas sector. MRO’s share...
Keep an eye on this pattern as it develops, as BTC is also at a key level of support. This coupled with a rising 10yr yield and the SP500 looking a little top heavy would lead me to take the view that limiting unnecessary exposure could be beneficial. -TradingEdge
Bitcoin is being difficult as always. Yet, despite its sudden twists and turns, we've called every major reversal thus far since the April peak. Naturally, technical analysis is all based on probabilities. We don't KNOW where the price is going. The best thing we can do is to produce the most likely case and then add onto it as more pieces of the technical...
with the MONDAY (BTC downside) , i bought MARA at 33.5. There is a strong correlation between this two stocks and BTC price. When BTC get recovery near ( 50k ) i will close my position ( about 36.2 ) whit a 8% of profit. Peace ! David
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS...
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
$MARA it could see another solid jump, solid setup, clean breakout and retest
Mara has had a rough few month but is starting to show power again alongside the rise of Bitcoin. If Bitcoin continues to rise and exceeds 50.000 dollars Mara will have strength to break the major resistance in 39.69 dollars.
In institutionalized markets, we often see patterns of up and down, up and down, verses more free markets, in which we see large bull trends followed by disastrous bear trends for some. The more popular the asset, the more swings we often see, as people play a tug of war to win Bull or Bear. As you can see in this long-term Daily Chart, RIOT has had two weeks of...
$20 Put for 8-20. Price Target $18-17.50. Breakdown though the IchiMoku. With Bitcoin tanking and the market FUD wouldn’t be surprised to see a coninuation of this to the downside
POSITIONAL INVESTMENT VIEW ON #MARATHONNEXTGEN MARATHON NEXTGEN LOOKING GOOD CMP 89 ADD MORE ON DEEP TILL 63 STOP LOSS 35 ON CLBS TARGET - 120 175 248 330 420 ++ HOLDING PERIOD - 1 OR 2 YEAR MINIMUM
Marathon is displaying one sign of weakness after another. It just broke out of its ascending channel, which disqualified both the lower bullish red RSI buy signals that we got recently, both on the hourly and the daily chart. This is bad news. Real bad. Especially so as it now leaves the daily RSI in a much weak position, one that paves the way for further drops...
Im giving this idea based in what btc price can do in short therm (next 1-2 months).
Model Forecast for Marathon Digital Holdings: - Bearish LLR. - Bearish to PT: 37. - With tight stop-loss, Good RRR trade possible. 7+ RRR. - Highly volatile, yet range-bound due to leading instruments. Risk Defined. - High IV, good candidate for net Credit. - Likely will continue decline... To update. GLHF - DPT