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. 📉
M44 trade ideas
Short Squeeze Potential MARA ? heavily shorted stock $MARA. weekly time frame we have a head and shoulders and we just broke the neckline now coming back in to test it, the big IF is if it can now hold as support. lost momentum from the profit taking and sell the news plus going into 3 day weekend. we had a promising break (if you caught that move to 32, nice one) Esp off all the Bitcoin ETF news and now we have the sell the news profit taking etc right back to the break out. which was clear resistance multiple times if you look left. idk. its something I'll at least watch. any crypto news or catalyst can put this back in play. it really really needs to hold this area especially over 15 but i really don't want it to go past 17.50-18. but yeah, that's my thoughts something to watch, feels like its kinda late to the party and the move was made but the amount of shorts in this is interesting. id target 32. for hypothetical purpose past that it can get parabolic. 32 was about the measured move from the head and shoulders although this is log chart. also currently resting on the 9ema. im not 'thrilled' for this. just something to keep watch on. and i also want to post this so i can view it later.
Cheers! 3 day weekend. try to enjoy it. lol
MARA Gap Fill Ive been building a position on this stock for several weeks, in anticipation that BTC will be the first to move on good news and catch up to equities as the crypto rally has been stagnant.
I was expecting this drop on MARA to come fill the gap created before we had a MASSIVE move of almost 100%.
This retracement will give us an idea whether or not MARA is drilling its floor and preparing for reversal, or further down side to come.
Furthermore, we do have a trend pattern, however to me it is not exactly clear whether it is a wedge or an up trend, as I would not want to short after such a retracement. To me, I am more concerned at zones of liquidity as we determine support and resistance.
$MARA - simple resistance becoming support - KISSThis is perfect example of resistance becoming support and as long as MARA stays above $20, I am a buyer.. +EV
Marathon Digital Holdings: Red day is as valuable as Green dayWhat is going on Team NASDAQ:MARA
Let's review the 3M chart and go over this pullback.
Yes, we have been here before
Stocks go up, down, down, down, up, up, and up some more...
Remember until my next video
Above All and All-in-All; God Bless America
J.R.
Risk Disclaimer:
1. Past Performance is not indicative of any future performance.
2. Trading 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 family situation if you do not make the returns you wanted or if things go wrong and you lose everything.
3. I can and will have a position in MARA anytime because I like the stock and company.
4. Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so.
5. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without buying BTC directly or investing 40,000 dollars immediately.
$MARA - Risky but worth the tryNASDAQ:MARA I re-entered with a small position today. If it can stay above $22, it has a chance to reach $26.
Otherwise, we could see a drop to $18. If the market tanks, $14 is not out of the question. So, be aware of your risk.
Still a $40 price targetThis week was very interesting. What i left out was my indicators were not indicative of any direction and the contracts that I sold expired worthless. I did not open any others. I went into the weekend naked and afraid lol.
[Watch] MARA versus Bitcoin 6️⃣4️⃣| Year to date:(3,42%)What is going on Team NASDAQ:MARA
Let's go over this chart 6M candles.
The idea is to have a map and an idea of what is real and not doable.
Can it move up 45$ in the next 6 months, yes it can because the asset did move that number before.
Remember until my next video...
Above All and All-in-All; God Bless America
J.R. Jaén
Risk Disclaimer:
1. Past Performance is not indicative of any future performance.
2. Trading 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 family situation if you do not make the returns you wanted or if things go wrong and you lose everything.
3. I can and will have a position in MARA anytime because I like the stock and company.
4. Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so.
5. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without buying BTC directly or investing 40,000 dollars immediately.
MARA long - Bitty isn't stoppingPretty simple idea. MARA completes the saucer breakout to $37 as BTC pushes past 50k. ETF is coming.
[Watch] MARA versus Bitcoin 6️⃣3️⃣| Year to date:(3,42%)What is going on Team NASDAQ:MARA
Thank your for those coins, still if you can help someone in need, please do so.
There are so many sisters and brothers hungry, if you can help with some food, please do that.
Thank and humble for your appreciation.
RSI monthly view shares how far we are from any extreme overbought condition.
Also, the powerful monthly 20EMA describes a change in character and now this trend is up for Marathon Digital Holdings.
Lastly, MARA's Overview if you go to the All-Time is red 75% when that red goes green, then the ASYMMETRIC will be gone and yes, we might make money, but not crazy.
Keep these notes close to your hearts...
Remember until my next video...
Above All and All-in-All; God Bless America
J.R. Jaén
Risk Disclaimer:
1. Past Performance is not indicative of any future performance.
2. Trading 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 family situation if you do not make the returns you wanted or if things go wrong and you lose everything.
3. I can and will have a position in MARA anytime because I like the stock and company.
4. Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so.
5. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without buying BTC directly or investing 40,000 dollars immediately.
MARA Inside Day Candle Ahead of ETF ApprovalMARA working on an "inside day" candle after retracing and holding the 20 EMA. High risk high reward setup heading into potential BTC ETF approval tomorrow and as the range tightens. Stay safe. I'm in at $25.92
[Watch] MARA versus Bitcoin 6️⃣2️⃣| Year to date:(2,48%)What is going on Team NASDAQ:MARA
I shared J.R.'s Roadmap and today I am sharing "The Map"
Remember to take profits on the way up.
I believe, You Believe, We Believe; go Team MARA
Remember until my next video...
Above All and All-in-All; God Bless America
J.R. Jaén
Risk Disclaimer:
1. Past Performance is not indicative of any future performance.
2. Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything.
3. I can and will have a position in MARA anytime because I like the stock and company.
4. Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so.
5. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without buying BTC directly or investing 40,000 dollars immediately.
Marathon Digital Holdings ($MARA) Financial ResilienceNavigating Bitcoin Volatility and Strategic Moves in 2024
Marathon Digital Holdings, Inc. ( NASDAQ:MARA ) finds itself at a critical juncture in the ever-evolving landscape of the cryptocurrency market. As the company contemplates another Bitcoin selloff following the sale of 704 BTC in December, investors are keenly observing Marathon's strategic moves to cover operating expenses and enhance liquidity in preparation for the next Bitcoin halving.
Record-Breaking Production and Financial Resilience:
Despite the recent 38% BTC sale, Marathon achieved a record-breaking production of 1,853 BTC in December 2023, showcasing a remarkable 56% increase from the previous month and an impressive 290% surge year-over-year. This not only underscores Marathon's mining prowess but also highlights its financial resilience in the face of market fluctuations.
Operating Expense Coverage:
The decision to sell 704 BTC, amounting to a substantial value, reflects Marathon's commitment to covering operating expenses. With an average BTC closing price of $42,546 in December 2023, the sale likely generated over $30 million, providing the company with a robust financial cushion. The move aligns with Marathon's dedication to maintaining a healthy balance sheet and strategic financial planning.
Upcoming Acquisitions and Growth Targets:
Looking ahead, Marathon is set to finalize the acquisition of two sites from Generate Capital in January 2024, totaling approximately $178.6 million. This signals the company's commitment to expansion and infrastructure development. Chairman and CEO Fred Thiel's vision for 2024 includes a targeted 30% growth in energized hash rate, with aspirations to reach an impressive 50 exahashes within the next 18 to 24 months.
International Expansion and Venture Ventures:
Marathon's global footprint is expanding, with progress reported in Abu Dhabi and a joint venture underway in Paraguay. The company's commitment to diversification and global partnerships positions it strategically in the ever-evolving crypto landscape. Additionally, the significant surge in transaction fee collection through MaraPool, accounting for 22% of BTC production in December 2023, showcases Marathon's ability to capitalize on emerging revenue streams.
Bitcoin Market Dynamics:
As Marathon navigates its strategic moves, the broader market dynamics of Bitcoin are playing a crucial role. The recent surge in Bitcoin prices, reaching $45,899.71, followed by a temporary pullback below $43,000, reflects the inherent volatility in the cryptocurrency market. Marathon's decision to optimize liquidity amidst such market fluctuations demonstrates a proactive approach to risk management.
Conclusion:
Marathon Digital Holdings ( NASDAQ:MARA ) stands at the intersection of innovation and market dynamics, with a robust financial performance, strategic acquisitions, and a commitment to global expansion. As Bitcoin continues to capture headlines with its price fluctuations, Marathon's proactive measures to optimize liquidity position it as a key player in the evolving cryptocurrency landscape.
Mara bull call verticalbought Jan. 12th $27/$27.5 call vertical for $0.15
if the stock is above $27.5 by the expiration, I will have full profit of $0.35, or 233%.
I'm betting on ETF approval.
Sold $MARA putI don't think NASDAQ:MARA will drop much more from here, at least in the near term because the pending Bitcoin ETF decision.
I sold Jan. 5th $20 puts for $0.43, I'm willing to get assigned if it drops below $20 by Friday.
[Watch] MARA versus Bitcoin 6️⃣1️⃣| Year to date:(12,07%)What is going on Team NASDAQ:MARA
Happy New Year 2024; Let's make great things happen for us and our families.
I have a new structure to share with everyone of you.
And my grandioso target in the first half of 2024: 60$ per share.
Remember to take profits on the way up.
I believe, You Believe, we Believe...
Remember until my next video...
Above All and All-in-All; God Bless America
J.R. Jaén
Risk Disclaimer:
1. Past Performance is not indicative of any future performance.
2. Trading 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 family situation if you do not make the returns you wanted or if things go wrong and you lose everything.
3. I can and will have a position in MARA anytime because I like the stock and company.
4. Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so.
5. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without buying BTC directly or investing 40,000 dollars immediately.
Don kill the messenger butLooks like MARA was creating a megaphone behind our backs, which makes perfect sense now that Bitcoin has formed a symmetrical triangle leading it to levels of FWB:48K , wait for mara $32 and then $35
My theory on why this will hit $40 in the next 2 weeksI didn't add the catalysts of the btc etf or the halvening in the video (part of why I'm bias) but i wanted to showcase my thoughts on the technical side of this analysis. Please trade safely and with proper risk management. Capital preservation is key, take small losses and big wins...
inverted head and shoulders for MARANASDAQ:MARA at $32? The last time MARA reported an EPS of .36c was in March 2022; now they reported .35c. It should go up like SpaceX Dragon, at the same time you have to check the inverted head and shoulders pattern and a huge bull flag!
Shorting MARA with a Target of 23.08449: A Deadline TradeI typically don't engage in stock trading, but I've observed that my strategy appears to be effective across various markets like stocks, currencies, commodities, and futures. Let's put it to the test and see how it performs.
MARA - Coiling for a bigger move
Reclaimed 200 EMA and backtest yesterday
Flag on the daily with improvement in the volume could push this to 14.
Real test would be around 18 for supply of previous high, break above to test trendline resistance at 30.
Patience will be tested until breaks out of the turbulent zone until 18.
small positional long from 9.30
Inverse H&S Here is MARA on the daily chart. Price has recently broken out above the 10 dollar range. It appears as the miners are starting to wake up relative to BTC/MSTR/COIN. The pattern is an inverse H&S, break out target is the yellow line. This put MARA at the the price around the bear flagg in early 2022. This target is similar to where MSTR is currenlty.
Not Financial Advice
$MARA PTs 32 --> 19.55 --> 31 --> 19.50 --> 130 end of Jan-AprMarathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the blockchain ecosystem and the generation of digital assets in United States. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.
