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MARATHON DIGITAL HOLDINGS INMARATHON DIGITAL HOLDINGS INMARATHON DIGITAL HOLDINGS IN

MARATHON DIGITAL HOLDINGS IN

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MARA trade ideas

46 by May 2024MARA has been accumulating for a long time now. We saw a sign of strength with the last pop to 31, and then a retest/higher low. Now its gearing up to markup to 46 by end of April 2024. - Breakout level is 21 - Initial target = 35-38 by early March 2024 (before earnings) - Watch out for possible resistance around 25-27, but should break through it easily - After initial target is hit we will see a small pullback before running to 46 (goal target) by May 2024. ~The black arrow/path is my forecast to initial target.
NASDAQ:MARALong
by JerryManders
20
$MARA - Week of 2/12/24NASDAQ:MARA mid-term bullish, dependent on BTC action and overall market conditions Looking for a hold over 22.50, ideally a retest of 23-22.50 zone for entry Targeting the 26.60 - 26.80 range, with a reach of the 31-33 zone. TP1 @ 24.36 TP2 @ 25.20 TP3 @ 26.60 TP4 runners @ 31 Would be interested in the 3/1 25c. Expecting some chop and an inside day, and would also prefer to buy some extra time for the reach potential Stock is above all EMAs, and EMAs are in a bullish trend (9,20,50,100,200 from top to bottom) RSI showing strength Strong bounce with volume off the weekly TL BTC over 48k with strength during writing
NASDAQ:MARALong
by D_Rockefeller
Marathon Digital (MARA) Bucks Production Dip with 23% SurgeMarathon Digital Holdings Inc ( NASDAQ:MARA ) has defied expectations with a remarkable 23% surge in its stock value, despite a notable 42% decline in Bitcoin production for the month of January. The company's resilience in the face of adversity has captured the attention of investors, highlighting the enduring allure of the cryptocurrency market. The surge in Marathon's ( NASDAQ:MARA ) shares comes as Bitcoin, the bellwether of the digital asset space, inches closer to the $47,000 mark. This upward trajectory has catalyzed a broader rally in U.S. stock market crypto-related companies, underlining the symbiotic relationship between Bitcoin's price movements and the performance of associated entities. January's production figures for Marathon tell a tale of challenges and perseverance. Despite encountering weather-related disruptions and equipment failures leading to site outages, the company managed to mine 1,084 BTC. While this represents a substantial decline from December 2023 figures, the market's response underscores investor confidence in Marathon's ability to navigate adversity and capitalize on favorable market conditions. The positive momentum observed in Marathon's stock is reflective of broader trends within the crypto industry. Canaan Technology ( NASDAQ:CAN ), Bitdeer (BTDR), Coinbase ( NASDAQ:COIN ), and MicroStrategy ( NASDAQ:MSTR ) have all witnessed significant gains, buoyed by Bitcoin's ascent. This collective surge underscores the growing mainstream acceptance and adoption of digital assets as viable investment vehicles. Notably, the enthusiasm surrounding Bitcoin's price surge has been further bolstered by substantial trading volumes observed in spot Bitcoin exchange-traded funds (ETFs), exceeding $1 billion. Institutions such as BlackRock and Fidelity have emerged as key players in this arena, signaling a maturing market ecosystem and institutional confidence in the long-term viability of cryptocurrencies. Moreover, comments from Federal Reserve officials hinting at potential rate cuts later in the year have added fuel to the market's bullish sentiment. The prospect of looser monetary policy has enhanced the attractiveness of cryptocurrencies as a hedge against inflationary pressures, further driving investor interest in the digital asset space. In conclusion, Marathon Digital's ( NASDAQ:MARA ) resilience in the face of production challenges serves as a testament to the dynamism of the cryptocurrency market. Against a backdrop of macroeconomic uncertainties and operational hurdles, the company's ability to capitalize on Bitcoin's rally underscores the enduring appeal of digital assets as a lucrative investment avenue. As the landscape continues to evolve, Marathon's ( NASDAQ:MARA ) trajectory serves as a compelling case study in adaptability and opportunity within the burgeoning crypto ecosystem.
NASDAQ:MARALong
by DEXWireNews
Marathon DIgital Holdings - Elongated Right Shoulder (H&S)Marathon Digital Holdings is about to test the neckline of the H&S. Bitcoin miners had huge volume on Friday. Will be looking for a bullish close on the daily above the neckline to initiate a position. After Fed announcement, where I do not expect Powell to add anything new. Powell will probably reiterate we will go again if inflation persists and the monetary lags are yet to be fully felt, Bitcoin will find buyers. This should be bullish for all BTC miners. Initial target should be around 30 on break and who knows by next year we might be in a crazy bull market in crypto (there are signs appearing). In that case, taking half of the position and letting it run might lead to 5x-10x. If you are interested in Bitcoin miners in general, here are some comments: 1. Riot and Marathon are Tier 1 miners 2. Cleanspark and Bitfarms have already broken out of resistance are looking extremely bullish. 3. Volatility of the miners are high (position sizing is key) 4. Miners will be extracting less BTC going forward (due to halving) but Bitcoin price supports revenue and there is monthly revenue also from mining fees.
NASDAQ:MARALong
by Kemsdale
1
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!!!
NASDAQ:MARALong
by BosTrader1
3
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 $13.55 ... Bearish risk potential may be unlocked. (My key risk targets - C, M,& A - are as noted on the chart) Enjoy, and I look forward to being of further service into the future. If you'd like to connect, feel free to reach out and comment below. Mr RM | Risk Mastery Disclaimer: This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
NASDAQ:MARALong
by Bullfinder-official
MARA updateThis BTC dead cat bounce has started bringing MARA with it, I was able to scoop up some cheap spot shares in the mid 14$ 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.
NASDAQ:MARALong
by Apollo_21mil
$MARA approaching the 5th wave down!$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.
NASDAQ:MARAShort
by Firewalker_Charts
2