My previous trade idea on MARA followed the accumulation of the lows below $10 when this stock was totally undervalued. I was buying to sell into the ETF news, which lined up perfectly with my BTC prediction approaching 48-50k. That trade resulted in a profit of 300% and our next opportunity is likely approaching as the Bitcoin Halving will occur in April. Ive...
Since our initial investment in Marathon Digital Holdings NASDAQ:MARA in early October 2023 at $7.31, the landscape has dramatically transformed, propelling Mara to a striking $33.77. However, the journey hasn't been devoid of challenges, notably the three-month sideways movement troubling the stock and a pervasive sense of FUD (Fear, Uncertainty, Doubt) among...
Went short at 19.80, supply, Head and shoulders? Btc is dropping, Mara should see a reaction as they are cointegrated.
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.
Trend line brake. back to $30 a share ? Looking for 10 sma cross above 20 sma.
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.
Before posting this I did check through the first page of most recent and most popular threads on MARA and it was very interesting to see that every one of them is "LONG" MARA. So this is a contrarian thread. And why is that? Well aside from the skill it takes to make a correct bearish call mid bull market; MARA is a fanboy hype stock. Most of the posts are...
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!
MARA is flagging on the 5 minute and 15 time frame. Look for some more consolidation and then a big bounce to one direction.
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...
We see further upside after ABC close. It's a flat pattern.
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.
One small gap needs to be filled before rocket launch...