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
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...
I watched a very encouraging interview that CEO Merrick Okamoto did, and I must say I am pleased with the direction that this company is heading. After the rip from yesterday, we now know that retail investors are prepared to break all-time highs, without the same-day regression. I love this company long, so I will be buying once my first support limit is...
CD=1.13 XA=$63
MARA broke and retested the resistance level for an intra-month rising wedge which is a bearish signal. Unless we see Bitcoin bounce at these levels (which is unlikely) MARA can easily head down to $35, a previously strong level. At that point we can expect to see a bounce with buyers taking control again. Long term I can see both MARA and RIOT breaking $100 this...
Bit of a slow day in the markets today. + BTC down 5% The trend still follows and we have yet to hear news on the 3rd set of mining rigs. Oversold today (-10%) so expect there to be a bit of a rebound tomorrow if everything is perfect. I'm still holding long on this stock. We can't expect crazy things to happen within the next month but we sure as heck seeing...
Investors in Marathon Digital Holdings, Inc. MARA need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 16, 2021 $70.00 Call had some of the highest implied volatility of all equity options today. (zacks.com) The indicators are still looking bullish on the daily, despite today`s correction. So is MARA a...
Simple Analysis MARA Earnings Report Q3 2020 -$0.05 (in relation to the BTC price) Bitcoin up 400% since Q320 Report MARA Q4 2020 Profitability +200% MARA Q1 2021 Profitability +200% They also HODL and Buy back Bitcoin with profits
Microstrategy this morning purchased an additional 262 bitcoins for $15 million. They now hold more than 91,325 bitcoins. Given the rise in Bitcoin and the bull flag breakout on the MSTR chart, we believe the upside potential is greater than the downside risk. - HH
MARA going into buy zone. I'm locked up in gme and with TSLA looking so close to my 666 goal I'm sitting this one out. Still a solid buy though. MARA follows RIOT, so a break in the top is likely. $75 price target if I was in this round.
When you start putting Bitcoin on your balance sheet, you get the LOG chart. Especially during QE infinity and beyond. Eventually everyone capitulates. You + BTC = Winning
Same thing as my btc post. Looking to grab at 24.
An idea on the MRO Weekly chart I mean...I think its worth the risk :)
Symmetrical triangles abound in my life recently, but I like to gamble so whatever. At least this time it's off a well defined support. $50 or revisiting $10 soon, depending on what BTC does really. In 213 @ $11.52 avg, so I'm just riding either way. Good luck out there!