MARA versus Bitcoin 0️⃣4️⃣| Weekly 21EMA is our next challenge What's going on, Team NASDAQ:MARA ?
The weekend arrived, and we are no longer in the 1980s or 1990s, so we trade and invest Monday to Friday in stocks, then switch to cryptocurrencies, especially Bitcoin.
I have two charts to share with you today.
Remember, do not listen to those guys on CNBC calling for a market crash because they know what to do next.
So, make sure to trade with capital you can afford to lose.
I do not think you are a loser; however, if things do not work as you expect, your life goes on, and your family is good.
This week which is week No. 08 in 2023, I would like to see MARA prices closing above 21EMA (weekly chart).
What do you think...?
If it happens, both doors are opened to see 16$ per share.
COINBASE:BTCUSD following Hawkeye Traders Heatmap signals the opportunity to see Bitcoin trading back close and above the 32,000 figure against the US dollar and that, like it or not, is bullish for stocks.
Trade smart and Trade to Win!
Talk to you tomorrow,
J.R. Jaén
Risk Disclaimer
1️⃣Past Performance is not indicative of any future performance.
2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or your family situation if you do not make the returns you wanted or if things go wrong and you lose it all.
MARA
What's going to be Team MARA? 0️⃣2️⃣NASDAQ:MARA continues to track a positive and leading performance from COINBASE:BTCUSD so far, so good.
The weekly close is still under 21EMA, and that's not bad.
It can be related to Market Makers keeping the stock down and drying up those Calls Options premiums.
That's part of the game.
Let's expect another pullback, and ideally, we want a breakout and close above the weekly 21EMA, which opens both doors to see 12$ per share.
Enjoy your weekend!
Go Team NASDAQ:MARA
J.R. Jaén
MARA versus Bitcoin 0️⃣3️⃣| Kevin Denuccio bought 70,000 sharesNASDAQ:MARA I am not surprised with yesterday's massive rejection because it went back to take all the liquidity from the beginning of February 2023.
If you want to be successful, make sure you do not take a loan to buy your MARA shares nor have any leverage/margin in those shares so you can ride and withstand any attempt we are going to experience for them to flush us all from the stock.
COINBASE:BTCUSD is still trading above Monday's price, so that's positive, and the stock market reversed, which is always good if you do want risk assets to keep pushing higher.
We have been here with BItcoin; if you bring back your charts when it traded at $20,000 (close to) on December 2017 and later, in less than 3 years, it went back to the same level and brokeout to deliver a jaw-dropping 2X from those all-time highs.
I expect at least the same price action, and those leaving Bitcoin will come back begging and singing stories about how they loaded and had to cut exposure.
Same lame and mediocre stories, but guess what...?
That will not happen to you, and you will conquer this opportunity.
Trade smart and Trade to Win!
Talk to you tomorrow,
J.R. Jaén
Risk Disclaimer
1️⃣Past Performance is not indicative of any future performance.
2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or your family situation if you do not make the returns you wanted or if things go wrong and you lose it all.
What's going to be Team MARA?NASDAQ:MARA
Are you going to let the Big Boys on Wall Street make it big time without you?
If you plot your 21EMA on your Tradingview chart (weekly), you can see we are about to break a critical resistance.
What happens from this point will define the next 18 months of your trading life.
Bear versus Bull
The never-ending cosmic battle...!
Risk Disclaimer
1️⃣Past Performance is not indicative of any future performance.
2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or your family situation if you do not make the returns you wanted or if things go wrong and you lose it all.
MARA versus Bitcoin 0️⃣2️⃣|48% Short Float explosive metric NASDAQ:MARA so far, so good, and pre-market is looking green for us.
Keep in mind, Silvergate is enjoying a nice short-squeeze, too, and Bitcoin COINBASE:BTCUSD does help.
Tomorrow, I will review Bitcoin charts and expand on the Hawkeye Traders Heatmap and Roadkill tools.
Thank you all for watching my video, and let's load as many shares as possible, so we enjoy the Bitcoin explosion to the upside.
J.R. Jaén
Risk Disclaimer
1️⃣Past Performance is not indicative of any future performance.
2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or your family situation if you do not make the returns you wanted or if things go wrong and you lose it all.
MARA and the Falling Wedge Pattern targeting 9.60$ NASDAQ:MARA not a secret Team MARA,
Today, pre-market was not looking that juicy, but suddenly, our faith changed, and the stock exploded ⬆️5.36%.
Watch my video where I explain on Tradingview all I expect, including the bearish pressure I am not surprised we can see at some point in 2023 before the Super Nova targets 18$ per share.
I am bullish and have a position targeting 9.60$ in three weeks or less.
Remember, Never go All-In, and Past Performance is not indicative of Future Performance.
Go, Team MARA!
MARA doing MARA things better than YahooNASDAQ:MARA making an impressive comeback after SP:SPX has lots of chops with a massive side-to-side rotation around the 4,130 level.
No one can deny the massive battle between bears and bulls, and bulls were not going to let bears go for the win without a savage struggle.
I am adding the daily chart using Hawkeye Trader tools to find common ground to see how this beauty shocks the world, especially crypto bros and sisters.
Let's go, team MARA.
We are going beyond the Moon!
What's the better play today for your money: $MARA or Bitcoin?NASDAQ:MARA
I think it is time to accept that MARA is a pure Bitcoin play, and if you are serious about the next Bitcoin Bullish Leg, then you need to add it to your Watch List to trade it or why not...? even consider it a more suitable investment than loading 1 BTC.
I am following the latest Formulario No. 4 del SEC (SEC Form 4), and Kevin A. Denuccio, a director, loaded $338,800 at $4.84 per share.
Never forget, Insiders cannot sell their positions for 6 months.
Let that sink in!
$MARA next move = higher $10-12Even 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.
action up to and at US Stock market open expectedaction up to and at US Stock market open expected for BTC... the reason I care about this is for the RIOT Gap up to hold at least moderately, we are right under VWAPS on the hourly timeframe but are forming a bullish right shoulder and think we will break above 24k just before or just after the 9:30AM EST Bell... to late morning
BTC Mining: The Overlooked Crypto 10x+ CLSK, MARA, RIOT, BITFBitcoin Mining Companies may be able to do 10x - 50x or even more if BTC trades over 50K in the 2024 halving bull cycle.
2025 LEAP options may offer leveraged returns even beyond generic price action.
CLSK is just an example. Multiple opportunities in the space. DYOR
1. Most BTC Mining stocks are multiples away from 2021 all-time highs.
2. Bear market has proven which bitcoin mining companies have strong financial bases.
3. Bear market allowed for companies to implement expansion road map with capital from the 2021 bull market.
4. During Bull market these stocks have volatility normally found in altcoins.
Strongest/Largest players in my opinion: Marathon ( MARA ), Riot Platforms ( RIOT )
Highest growth Value in my opinion: Cleanspark (CLSK), Bitfarms ( BITF )
All investments are risky, calculated and managed risks are always required.
$MARA swing trade 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This afternoon my team purchased shares of digital mining bitcoin company Marathon digital $MARA at $8.60 per share. Our take profit is $14. We also have an optional stop loss at $7.75
Our Entry: $8.60
Take Profit: $14
Stop Loss: $7.75
If you want to see more, please like and follow us @SimplyShowMeTheMoney
MARA - Mother of all Inverted Head & Shoulders (Bear Apocalypse)Found a hidden Inverted Head & Shoulders on MARA long-term chart that will go down in history as "The Great Bear Apocalypse of 2022"
Watch BTC & Crypto charts closely for entry and ride this rocket into the sun
Keep in mind the BTC halving is in spring 2024
MARA short term resistance Short term resistance is 4.18 dollars. This is before the 2pm FOMC mins. Not financial advise.
This is very suspicions price action to me, there is no reason why MARA should be up over 20%. Does someone know something we don't?
- BTC and the NASDAQ are not up very much either
Marathon Digital is the futuretotally 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 lukc traders