$MARA long ..Trigger & PTs$MARA will be a bitcoin sympathy play. Here are the levels Im watching. #RedDevilTrades
M44 trade ideas
$MARA ascending triangle on the daily. Bitcoin went parabolic this weekend hitting all time highs! 58k! This is extremely bullish due to the fact marathon patent group is heavily invested in bitcoin. look for new all time highs!
MARA, be ready at 55, but Max said, the system will collapseSo folks, I am using a 3 months old chart to make it simple:
Nothing is impossible right now.
When MARA and Riot were in their 3 USD, I said it is quasi "impossible" for them to get to 10, although the chart shows it might get to as high as 55, why? because the momentum 4/5 months ago was so weak, bitcoin was under 15K USd, people were scared, we don't even know if bitcoin could get to 20K without a huge crash right after...
Next target for bitcoin would be over 50k, possibly 54K. We have the CROWD phenomenon here, thus MARA and RIOT WILL, in theory, if nothing wrong happens, be over 50 USd.
HOWEVER: remember this is a parabolic movement, thus, it could drop, and drop hard, and I mean over 10 USD drop, not 3 bucks drop. So be very vigilant, if you have a weak position, and be WILLING to take some of your profit off the table.
PS; i am almost 1000% on MARA, but I have sold step by step 70% already.
Final: This market is unhealthy, like Carl Max said, the market will destroy itself because of the human greediness.
May God forgive human Sins
It's not a MARAthon it's a sprint!When you start putting Bitcoin on your balance sheet, you get the LOG chart.
Especially during QE infinity and beyond.
Eventually everyone capitulates.
You + BTC = Winning
MARA: Bullish PennantBullish pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 5
250RSI above 50
200MA ascending
If confirmed:
PT = 61,98$
MARA - EW analysis - Uptrend continue MARA - It is in strong uptrend and stock moving higher as it is closely related to Bitcoin movement. It is within the 5th of 3rd wave impulse up and subdividing the move. Bullish scenario for the stock indicates every three wave sideways correction is a good opportunity specially as far as Bitcoin is in up trend.
Give thumbs up if you really like the trade idea/analysis.
MARATime to sell is approaching.
If BTC keeps rising like it has been, that resistance might flip support though.
Just keep close attention the next few days.
Big Gains Today. We seem to be ahead of Schedule though.Love the gains here and it is much deserved for the investors that have stuck around since below $1. We will have to see where this takes us as we are nearing a space where we start to lose past supports and enter a pretty volatile price point for this stock. For a while now the options prices on this stock have been exuberantly priced. This current push upward seems mostly fueled by small investments rather than whales as Elon's Tesla Bitcoin had actually been purchased last month. I Will continue to monitor the price but exiting into the DOGE wagon right now doesn't seem too far-fetched for me.
I am interested in what everyone else thinks too? I think this could be a good play in the overall uptrend we are in, however, it will inflate the price off of our current growth path for the time being.
MARA - A Trade dreams are made of... PatentedLearn how to spot these and you will never work a day in your life ;)
MACD divergence shown with bold yellow followed by the cross yellow vertical line right off of a double bottom. If I saw this I would have put my life savings into it... Cheers yall!
Comment and let me know what you think about these ideas!
MARA bullishLooks legit to me.
Retracement from (3) to (4) was about 70%, still acceptable since it did not reach the first peak.
Ichimoku cloud just intersected, green and above cloud, sunny
Based on Fibonacci retracement, first profit taking is at $36.10
HOT STOCK TO BUY for SWING TRADINGMPP TRADE IDEAS!!!
EVERYDAY A HOT STOCK TO BUY.
HOT STOCK ALERT ON TICKER:
MARA - MARATHON PATENT GROUP
PLAN:
BUY AND HOLD - MARA
======================
ENTRY @ 30
TAKE PROFIT @38
STOPLOSS @23
MPP - ALERTS FOR PROFIT AFTER PROFIT
$MARA #Bitcoin play the bitcoin wayA retest to their weekly pivot for an explosive early to mid Feb play...
The chart looks really good and would be really interesting to see how it plays
$MARA Needs some volumeLiking this setup, I entered on the arrow with the uptick in volume which has since faded. Nice profit so far but watching here looking for a fresh high. IV is really high for options so I'm in equities. If it gets a comfortable pad, may consider selling some weekly OTM calls to supplement the ride up and a bit of a hedge. This has some potential.
MARA Wave 5MARA currently in its wave 4 ABC correction and looks to tap the .236 retracement. Ideally, the price would come closer to the Daily Ichimoku cloud before entry. MARA follows Bitcoin very closely in price action and the run is not over yet. Price falling below $15.15 would need to adjust the Elliott Wave Count.
I'm feeling great about it!If it can break above $24.22, we should see a pretty nice break out. No, I don't have a price target. We have several things going for us.
One being that someone just pulled half a billion dollars worth of Bitcoin out of Coinbase and stored it on a cold storage device. That means the trading supply just went down, and the demand for BTC goes up. Just think, a week ago MARA bought 150 million in bitcoin. AND, they just bought a crap ton of mining equipment.
Second, Mike Saylor is hosting a conference with major institutions that should be available for free to the public after February 4th.
Ladies and gents, I hope you got in last week :D
