Marathon Digital ( NASDAQ:MARA ), a prominent Bitcoin miner, sets its sights on doubling its hash rate by the end of 2024, following the recent Bitcoin halving. Despite the halving's impact on block subsidy rewards, the company is optimistic about its growth trajectory, leveraging increased machine orders and capacity from recent acquisitions. This move...
By combining diligent research, proactive risk management, and a focus on long-term value, you can navigate the volatility surrounding Mara mining stock and potentially capitalize on the anticipated BTC halving event.
Appears to be in a dragon pattern. Most of the time these run at minimum to the top of the structure. In my opinion, miners are a buy and I will continue to buy them for the rest of this year. MARA has made an incredible recovery and overcoming bankruptcy like it never happened.
This is going to outperform BTC
If you are bullish on Ordinals, Runes, Bitcoin. You...
The annotations in the chart convey all the essential information about the technical situation in MARA. The stock is a clear long for us. However, we advise waiting for a small pullback to around $18.30 before entering. The price is currently overbought, and to optimize the risk-reward ratio (RRR), traders should wait for a slightly more favorable entry point.
Hello everyone,
NASDAQ:MARA price was able to get above the daily and weekly, suggesting a bullish orientation. Price will accelerate to $26. Looking at the daily and weekly as support.
Looking great for crypto miners so far.
NFA!
As of the latest market session, Marathon Digital Holdings, Inc. (MARA) presents a compelling case for traders eyeing opportunities in the digital asset sector. Trading at $17.12, the stock shows intriguing technicals supported by both short-term momentum indicators and classical chart patterns. Here is a breakdown of the various technical elements at...
Bitcoin halving may send these stocks to very high prices. Some setups are better than the others.
Disclaimer: I only hold a position in Mawson Infrastructure. And all my analysis is not a financial advice
Don't get baited into buying this pump and dump MEME stock; big double top and current price action is just a retest of former support now turned resistance.
Check out this whale looking for exit liquidity:
x.com
19-April-2024 | Live Market Analysis
Marathon Digital Holdings Inc
#buy range $16-$17
Expected #targets - $25 / $33 / $50++
NASDAQ: #MARA
Disclaimer: This analysis is for educational purposes only and should not be considered as trading advice or recommendations. Always conduct your own research before making any investment decisions.
NASDAQ:MARA Bounced from a support where it has previously acted as a launch pad. 🚀 Also there is a possible channel breakout. Watch the fib support and resistance shown on the chart. 👀
Oscillators are curling up.
Marathon Digital has recently got into the BTC Mining Game in 2020 - 2021. As you can see, the stock had a massive impact post halving surging over 200X.
After reviewing the Bitcoin halving events on Marathon digital's chart, it's clear that the Bitcoin halving does not have a strong impact on the price of the stock.
My initial thesis which was that, profitability cuts caused by the halving would lead to negative price impacts on the chart is disproven by the 2020 bull run.
Right now, it seems the price...
Last day's green close seems to confirm trend reversal. The price will probably spend time consolidating on a support zone before rallying to a $22 demand area. If break out is successful, the rally should continue to $30 demand zone.
Now that the bitcoin ETFs are past 90 days of trading, big money RIAs (registered investment advisors) will be able to start dipping their toes. Along with Hong Kong, UK, and now South Korea announcing exposure to ETFs, no one is prepared for the demand shock!
MARA forming an ascending triangle with a fake breakout to the downside just before the halving.. We...
