An upward trend of MARA and BitcoinGo MARA! I can't see anyway it will go down to $9 but to $20. its positive thought which hopefully will fulfill.
MARA trade ideas
MARA BLOWOFF TOP $1,100 by EOY 2025?!Good afternoon traders! It appears that MARA has successfully retested breakout of inverse H&S and is ready to make the next move up.. Here is my prediction:
Wave 3: Trend-based fib extension of 1.786, we are looking at about $200.
Wave 4: Sharp retrace to $90-$100 could be possibly lower if macro bottom falls out
Wave 5: Bitcoin rips Wall Street a new one and MARA goes along for the ride to $600-$1,100 !!!
MMs love to run MARA hard in both directions, coupled with algo trading, this stock is NOT for the faint of hearted!. Good luck traders, LFG!!!
MARAI believe we're in the buy zone here on MARA.
A final pullback to support before marking up above the Dec swing high to the mid of the whole move with respect to 2021's cycle around $43.
Likely a big winner by association with Bitcoin halving and its narrative in April this year.
MARAMy Technical Analysis of the next weeks for MARA (Marathon Digital Holdings) based on Elliot Wave Theory.
No Financial Advice.
RiskMastery's Breakout Stocks - MARA EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NASDAQ:MARA ...
I believe this code is at a point of potential volatility.
If price can hold above $18.20 ... Bullish potential may be unlocked.
My key upside targets include:
- $24.64 (Conservative)
- $31.45 (Medium)
- 40.86$ (Aggressive)
If however price falls below $13.55 ... Bearish risk potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
MARA updateThis BTC dead cat bounce has started bringing MARA with it, I was able to scoop up some cheap spot shares in the mid 14$ range. I am still preparing to short my thesis soon. Regardless I do not like to short my holdings since most of them are hype based narratives aside from my value positions which tend to be larger. MARA just might see 21-22$ before the BTC dead cat starts, I am short-term bearish on BTC if it hits around 44.5k, if somehow it breaks above 46k and holds my thesis will be wrong. Regardless I remain heavily exposed to the crypto markets long-term.
After a harsh first 5m MARA starts breaking higher todayWe continue to break higher into the news 2024 up trend today, im taking my second entries here.
$MARA approaching the 5th wave down!$MARA:4H
I would expect the increased potential for NASDAQ:MARA to rise as high as the 0.5 retrace (20.75) or AVWAP (21.98) were CRYPTOCAP:BTC price to rise. I would expect the AVWAP (blue) off the recent high to be in confluence with the 0.5 retrace by that point and provide a solid line of resistance. Failure to consolidate above the 0.5 retrace/AVWAP levels could portend the beginning of the 5th and final wave down to the 10-12 price range.
It should be noted that price has done enough to complete the 4th wave upward retrace and could remain range bound (16-19) at current levels for a couple weeks. However, given the recent level of volatility associated with this issue, I see this as the less likely scenario.
In summation, whether it be from a little higher price point or from current levels, my current thesis is that NASDAQ:MARA follows the price of CRYPTOCAP:BTC downward leading up to the halving and its accompanying, short term, ‘supply shock’. I would expect NASDAQ:MARA to find its bottom somewhere between 10-12 before the end of April 2024.
MARA bull run starts here 1h (long term)after posting my previous 1d chart looking for long term bulls today opens up as a triangle on the 15m/1h closes up were seeing momentum towards the upside. Things might be looking very good for NASDAQ:MARA this quarter potentially giving us better returns than NASDAQ:AMD and NASDAQ:NVDA i'm looking for my second entry around the 200ema line so if your not it look for that area (~9.12-19.15).
Marathon Shorts Marathon Shorts: We have bearish flag pattern
Multiple trend line breaks
$15 is the major qp
MARA 1D long position possible entrythick grey lines are possible resistance (previous highs) thick yellow lines are long term trends white line was my entry (long) watch out for a fall to trend before entering potentially.
Dead cat bounce MaraI am expecting a rather ferocious dead cat bounce on BTC and BTC related stocks in the near future. I have also been trying to use the OBV indicator more often on daily and weekly charts. MARA lost steam very clearly recent and I am hoping for an aggressive bounce to around 18$ before the dead cat as BTC dumps to 32-36k. This will be a perfect long term setup as the halving occurs into an election year, it will give a runway for new all-time highs this year or early Spring.
Mara- Where I want to buy back in.I am waiting for the DXY to start under the 500 hull on the week timeframe.
IF BTC starts under the 500 and 375 hull on the week timeframe (buypoint from Nov 20th), i might not care if the dxy looks bad.
$MARA: Calm before the MoonNASDAQ:MARA Daily:
Doji print could signal a strong reversal ahead. But, it's all eyes on BTC for this to play out.
Still anticipating a BTC dip, which may ultimately drive MARA down to its 200 DMA.
The key? MARA's floor is tied to where BTC bottoms out.
Marathon Digital Holdings buyHello friends, today I would like to share an introduction to MARA. My idea is to finish the created butterfly pattern. The take profit 27 and 30 usd. Entry at the start of the stock market on 01/22/24 as well as subsequent purchases at 14 and 12 usd SL is marked in red. Good luck
$MARA Marathon Digital Double BottomNASDAQ:MARA (Marathon Digital) is holding the double bottom support. Mara needs to close above the green line, and bullish consolidation is required. Stochastic RSI is oversold, and the parallel downtrend needs to be broken. The stop-out point is on a close below the grey line
Mara in freefallMara and Bitcoin related stocks have taken a beating, add that to the recent blood in the tech sector and its a recipe for disaster. I have been averaging into this dip after switching back to Mara over Riot. I will admit I made a major mistake thinkin that Mara share dilution would matter during this hype phase. I am going to stick with my original thesis on Mara being one of the largest miners in the world backed by Texas. With that said TA wise we could fall right back down to 14.4 so I am not buying calls just yet.
With the ETF inflows will heavily increase but this will take time. BTC was up a huge amount since the cycle bottom, patience friends.
Harmonic Gartley Pattern setup today on MARAThe daily chart has formed a Gartley pattern as of today.
There are 5 indicators to use to get an overall view of what the chart is "saying.
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Volume: FIsher Transform Money Flow Index
Speed: Stochastic Momentum Index
Trend: DMI-+
Trend Strength: ADX
Volatility: Bolliger Band on Bollinger Band Width
Strength: Relative Price Strength
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The volume and speed indicators are oversold and ready to turn back up.
The volume has slowed down as price has gone down.
The daily candle range (volatility) has decreased.
The volatility indicator has already turned back up.
The trend indicator is "kissing"
The trend strength has been going down as price has been going down.
The current pattern that is occurring on the daily chart is the Gartley.
The projected target price of a Gartley is the 1.27 projection of leg XA.
Target price is 35.94
Potential Buy @ yesterdays Open + .23 = 18.88
Stop @ yesterdays Low - .23 = 16.95
Money Mangement: on a 10K account you would purchase 52 shares with a Risk/Reward ratio of 8.84
Cash amount $981
Target Sell= 1862
Profit = 883
$MARA at value lowNASDAQ:MARA is now at value low and I'm flipping back to long.
Risk of dropping to prior point of control of $15.8.
POC of $23.6 looks like a magnet to me.
Planning to hold long-term to ride the next CRYPTOCAP:BTC bullwave.
wait for $38A new massive structure suggests the continuation of the upward trend; what we saw before was just a MARA-style consolidation. The giant flag guarantees abrupt upward movements, pushing the price above $35 USD
Inverse double bottomMaybe next week we will see dupplu and demand drop to lower levels. Why? How?
Inverse head and shoulders
Mara Short - with DEADLINEInitiating a short trade on MARA with a target set at 19.67361. Check the chart for the deadline. Let's see how this trade goes. 📉
