SPREAD MARA / COIN very much oversoldRecent bullish action in Bitcoin has crashed the spread between these 2 bitcoin stocks.
We see a opportunity to be long the spread for a 19% gain
1MARA trade ideas
MARA is headed to 7.44!MARA is in a bearish Head & Shoulders pattern on the bigger time frame of 1 hour indicating a high possibility of success. This would bring the target to around $8 near 7.44 1.618 Fibonacci. If this is the case, it should happen this week, and fast. The RSI bearish divergence at the top of the H & S confirms this.
MARA is about to drop like a rock.MARA (Bitcoin mining company I think) stock is currently in a bearish Head & Shoulders pattern. I’m currently in puts and expect this to hit at least $8 next week. This coincides with bitcoin heading to $60,000 and losing steam.
MARA: Run it back turbogap filled at $17.5, my previous idea was very successful. Now we ride it back up again ;)
Break of trend. Back to prev channel.MARA has been heavy with dilution on top of numerous of BTC-correlation traders betting on a run up since its earnings. It's time to come back down to previous channel
Triple your money? In this bull market, it could triple your money. Should stay above 16.25, if it loses 16, then it could go down a lot lower.
ABCD/ lightning pattern, & Cypher Converging patterns, Clean ABCD (equal length drives) off 20$ level, also 4 hour cypher (786 trigger) . This is a decent set up. Long of 20$, tp's are listed. This needs room imo think under structure listed at worst. Use connecting pattern to maximize profits, always Leave runner imo is possible. We have been watching this pattern for a while, patience is key. Price action is paramount. Good luck guys
MARA Long if BTC Continues To Rise.MARA looks to be at a good entry point, as long as BTC holds this $70K range. If BTC goes to 100K, then MARA could go back up to the $33-$40 price range.
Triangle of MARALets make a wishfull thinking for MARA to stay in the blue triangle until end of 2026
MARA Marathon Digital Holdings Options Ahead of EarningsIf you haven`t bought the dip on MARA:
Then analyzing the options chain and the chart patterns of MARA Marathon Digital Holdings prior to the earnings report this week,
I would consider purchasing the 26usd strike price Puts with
an expiration date of 2024-6-21,
for a premium of approximately $7.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
As you can see in the chart, I'm bearish short-term but bullish by the end of the year.
MARA Breakdown - Short term - Buying opportunity NASDAQ:MARA
Likely to move down towards $18.7 for a bounce off of the volume shelf and the Fib down 12% - Look to buy at $18.70 - RSI Pointing down
$MARA intrady a rare cat ears pattern!NASDAQ:MARA Have you ever seen a cat ears pattern? Well here it is. This is on 15M intraday chart.
The measured move is $20.50 area.
YOU MAY THINK I AM JOKING. I am not.
Google "Cat Ears Pattern".
MARA - GET WILDPretty sure this ones going to pamp! In line with BTC... Rising tide rises all ships. Not financial advice, DYOR.
MARA fell on a huge earnings beat LONGMARA fell a few days ago while Bitcoin is staging another leg higher along with other coins.
On the 30-minute chart, MARA is in undervalued territory below the mean-anchored VWAP
and near to the bottom of the high volume area on the volume profile but above the POC line.
This seems to be an obvious long trade for me to take. I will set a stop loss of $1.00 below
market price and a target of $31 halfway between the mean VWAP and the first upper VWAP
the line above it. A call option trade striking $30.00 expiring in three months will be
considered. MARA fell from excellent earnings which apparently disappointed some
traders /investors. The discount sale is hard to resist given the current fundamentals in the
crypto markets.
$MARA Ready for TakeOff! Bullish There has been a significant bullish momentum for Marathon Digital Holdings ( NASDAQ:MARA ), a prominent player in the Bitcoin mining industry. The stock has been performing well, and the company has recently reported a record-breaking Bitcoin production and mining operation for December 2023.
One of the key factors driving this bullish trend is the recent Bitcoin rally, which has seen the seen the price of bitcoin surge. This increase in Bitcoin's value has directly benefited Marathon Digital Holdings, as the company's primary focus is on mining and holding Bitcoin.
Additionally, the company's expansion of its mining operations and the acquisition of new mining sites has further fueled the bullish momentum. Marathon Digital Holdings is strategically positioning itself to capitalize on the growing demand for Bitcoin mining, and its recent performance indicates that these efforts are paying off.
The bullish momentum for Marathon Digital Holdings is driven by a combination of factors, including the recent Bitcoin rally, the company's strong performance in Bitcoin production, and its strategic expansion of mining operations. As a result, investors are taking notice of this digital powerhouse, and the stock's upward trend is a reflection of this growing interest.
Targeting the the $60 price point for profit taking. Cheers :)
MARA BOUNCELooks like miners will bounce.
I see target of 26, then pullback to fill another gap at 17.50
That move would conclude potential H&S
Mara can go even lower to test support at 16.50
Mara cooling down before the next leg upIt's been a difficult time being a Mara/BTC miner holder the past few weeks, as BTC has hit ATH's and the miners have counterintuitively been crashing and burning..
No one was expecting the BTC ETF to have the demand that it did, there just isn't enough BTC out there, post halving this will get even tighter. Historically, once previous cycle ATH's have been breached the average time for BTC to double in price is c.70 days, if this holds true we are going to see a $140k BTC by the Summer.
With that backdrop, moving onto the Miners, Mara was way over-extended and had run up too hard (As seen by the large bearish divergence on the RSI), it needed to cool down, this is just reversion to the mean and I can see it falling further to the $18-19 levels where there is historical support. I think at these levels it is a big buying opportunity and I can see this going far higher - $40 by end of April is where I see this going. The weak hands are being flushed out and it is supercharged and primed for a move higher! Let's see how it plays out :)
$MARA - Pick your side.NASDAQ:MARA If Marathon failed to hold onto $21, there is a chance that it could drop to $19.30 area to check back the trendline. $19.30 is also the volume gap area.
Bulls need the stock to reclaim $24 - $26 area quick.
Here are the pivot areas:
> $24 - Bull run
< $21 - Bear feast
Grass for the bulls:
Bitcoin looks primed for a run to $75K and beyond.
Honey for the Bears:
The marathon CEO selling shares in public market up to $1.5 billion.
Accumulation CylinderMiners continue to frustrate traders, but the long term bullish pattern is taking shape.
Dips are for buying.
MARA the only cheap way to buy bitcoinTechnically it looks no so good
It needs to go above 30$ to looks better and 34$ after
Now its weak name after earnings
Fundamental
Market cap - 7B.
Company holds 16 K. bitcoins
Company are minings 59 bictoins every day
Company is not profitable but Uber was unprofitable first 14 years lol
Mara and riot Btc need to go back a stop really quick Mara and riot both have double tops. IBit has several FVG that are quite large along with Mara and riot — i think these sellers and buyers will get a chance to get back in, and it will push back up.
MARA: Analysis: DowntrendWe are in a bearish trend and we are not going to go against this trend because we see on the chart the break of the support line with force by a large red candle and followed by a large red volume.Thanks!
MARA : Bullish/BearishMARA is a bitcoin mining company that trades at a cheap price.
Here's my point :
31.26 - 20.65. Play along that area.
