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MARA

Marathon Digital Holdings (MARA) AnalysisCompany Overview: Marathon Digital Holdings NASDAQ:MARA is a key player in the cryptocurrency mining sector, particularly focused on Bitcoin production. The company has shown resilience and operational strength in its mining activities, making it well-positioned for future growth. Key Developments: Positive Analyst Ratings: Analysts from Macquarie and Cantor Fitzgerald have set price targets above $20, indicating strong growth potential for Marathon Digital. This reflects growing confidence in the company's operational and market strategies. Increased Bitcoin Production: In September 2024, Marathon reported a 5% increase in Bitcoin production, reinforcing its operational strength. Additionally, the company achieved a 28% increase in Q1 2024 production, yielding 2,811 BTC compared to the same quarter in 2023. This efficiency in production underlines Marathon’s capacity to scale effectively in a competitive market. Favorable Cryptocurrency Market: With Bitcoin recently surpassing $67,000, the broader cryptocurrency market is showing favorable conditions. This surge allows MARA to capitalize on increased investor interest in crypto stocks, positioning the company for substantial market gains. Investment Outlook: Bullish Outlook: We are bullish on MARA above the $16.00-$17.00 range, driven by the company’s production efficiency and favorable market conditions. Upside Potential: Our target for Marathon Digital is set at $32.00-$33.00, supported by positive analyst sentiment and operational achievements. 🚀 MARA—Mining for Tomorrow's Success! #Cryptocurrency #BitcoinMining #GrowthPotential
NASDAQ:MARALong
by Richtv_official
MARA Holdings Surges: All Profit Targets Hit in 15min Long TradeTechnical Analysis: Mara Holdings – 15-Minute Timeframe (Long Trade) Mara Holdings displayed a strong bullish move, hitting all profit targets following a long entry at 15.77. The trade has now concluded successfully, with all targets achieved. Key Levels Entry: 15.77 – Long position initiated after identifying bullish momentum. Stop-Loss (SL): 15.41 – Positioned to manage risk in case of a reversal. Take Profit 1 (TP1): 16.20 – Initial target achieved early in the trade, confirming the upward trend. Take Profit 2 (TP2): 16.91 – Continued buying pressure led to this level being reached. Take Profit 3 (TP3): 17.62 – Bullish momentum carried the price to this level. Take Profit 4 (TP4): 18.05 – Final target successfully hit, completing the trade. Trend Analysis The price remained above the Risological Dotted trendline, confirming a sustained uptrend throughout the trade. Mara Holdings showed strong buying interest, driving the price through all profit targets. The long trade on Mara Holdings was highly successful, hitting all targets, with the final target of 18.05 marking a profitable conclusion. This showcases the precision of identifying and capitalizing on upward trends.
NASDAQ:MARALong
by ProfitsNinja
DOES $MARA HAVE SOME ROOM TO GO UP?WITH CRYPTOCAP:BTC BREAKING OUT OF ITS CONSOLIDATION IS ONLY RIGHT EVERYTHING CRYPTO WAKES UP. WHICH BRINGS US TO NASDAQ:MARA TECHNICALS: NASDAQ:META has to regain the level of 18.52 for a pop to 19.38 if we can get a clean close above 19.38 we can see a clean run the 26.76 “REMEMBER, TREND AND VOLUME ARE THE GAS AND STEERING WHEEL THAT POWERS AND DIRECTS A MOVE IN YOUR TRADING VEHICLE (STRATEGY) , DON’T CAUSE AN AVOIDABLE ACCIDENT, TRADE SAFE”- TWINEY @T.W.I.N.E.Y
NASDAQ:MARALong
by twiney
Anticipating the Upswing: $MARA at Macro SupportNo trend is active on NASDAQ:MARA yet, but I’m anticipating that in the next two weeks. There’s no need to overcomplicate things. I like the chart sitting at a macro support level. It took out the previous lows and is currently retesting the wick on the monthly timeframe. This could have enough momentum to push higher if November shows a monthly confirmation, but I’d be happy with just a weekly confirmation for October.
NASDAQ:MARALong
by ZelfTrade
MARA Bullish Outlook: Elliott WavesTechnical Analysis of MARA Based on Elliott Waves. The following analysis is based on the provided chart and is for educational purposes only. It does not constitute financial advice. Investing in stocks involves risk, and past performance does not guarantee future results. Always conduct thorough research and consult with a financial advisor before making any investment decisions. Key Observations from the Chart - Elliott Wave Theory: The chart appears to be using Elliott Wave Theory to identify potential future trends. Elliott Wave Theory suggests that markets move in predictable patterns, often referred to as "waves." - Uptrend: The overall trend of the chart seems to be bullish, indicating a potential uptrend. - Invalidation Level: A horizontal line is drawn at the bottom, labeled "Invalidation Level." This level could serve as a support level, and if the price breaks below it, the bullish outlook might be invalidated. - Pattern Recognition: The chart seems to be suggesting a potential "5-wave impulse" pattern, which is often associated with an uptrend. - Price Action: The price has recently shown a pullback, which could be a healthy correction within the larger uptrend. Potential Outlook Based on these observations, the chart suggests a bullish outlook for MARA. If the price can hold above the "Invalidation Level" and continue to follow the Elliott Wave pattern, there is a potential for further upward movement. However, it's important to note that technical analysis is not foolproof. Market conditions can change rapidly, and unexpected events can affect the price. Always stay informed about the company's fundamentals, industry trends, and broader market conditions. Next Steps 1. Monitor Price Action: Keep an eye on the price in relation to the "Invalidation Level" and the Elliott Wave pattern. 2. Consider Other Indicators: Combine technical analysis with fundamental analysis to get a more complete picture of the company. 3. Risk Management: Implement risk management strategies, such as stop-loss orders, to protect your investments. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NASDAQ:MARALong
by RK_Chaarts
2
MARA, gathering strength for multi day gains -- coincides marketMARA tri-monthly chart is clearly showing initial upside shift. Accumulation and volume has been notable this past few days. Net buyers are definitely positioning in anticipation of crypto market's season breakout. KEY NOTES: Tri monthly histogram has registered higher lows -- cementing the current price range as the base for the coming series of ascend. First "bubble up" volume indicator below indicates warning sign of an incoming series of UPSIDE movement. Near term goal is x4 price -- with extended high prospect of x10 returns within 12 months. Spotted at 10.0 TAYOR. Safeguard capital always. _______________________________ FUNDAMENTAL NEWS / from tradingview: Mining Output Up 77% In May Jun 3, 202306:35 GMT+8 KEY POINTS: Marathon Digital’s Bitcoin mining output in May is up 77% from the previous month. The Bitcoin mining firm mined a record 1,245 BTC during May 2023 thanks to increased hash rates and transaction fees. The Bitcoin miner has increased its Unrestricted Bitcoin Holdings to 12,259 BTC, worth roughly $333 million. Marathon’s stock (MARA) surged by almost 7% following the latest mining metrics. Bitcoin mining giant Marathon Digital has reported optimistic metrics for the month of May 2023. The Fort Lauderdale-based firm mined 77% more BTC in May as compared to the previous month. The increase in mining output was attributed to surging hash rates and transaction fees thanks to the growing popularity of Bitcoin ordinals. The Bitcoin miner revealed that in some cases transaction fees were so high that they exceeded the 6.25 BTC block reward. Marathon Digital’s Share Price Up 7% According to the unaudited Bitcoin production and miner installation updates published by Marathon Digital Holdings, the Bitcoin mining firm mined 1,245 BTC during May 2023, marking a 77% increase from April. The latest BTC addition brought the firm’s year-to-date mined BTC number to 4,141 BTC. The bitcoin miner also increased its operational hash rate by 9% to 15.2 EH/s and installed hash rate by 13% to 20.1 EH/s in May. The Bitcoin miner has increased its Unrestricted Bitcoin Holdings to 12,259 BTC, worth roughly $333 million. With the construction of Applied Digital’s facility in Ellendale, ND progressing and optimizations across our fleet continuing, we believe we are on track to reach our 23 EH/s target near the middle of this year.” Fred Thiel, Chairman and CEO of Marathon Digital Holdings Marathon’s CEO Fred Thiel stated that apart from the Bitcoin mining operations, the firm also collaborated with Brink to raise nearly $800,000 for Bitcoin core developers, of which $500,000 was contributed by the Bitcoin miner. The latest Bitcoin mining metrics had a bullish impact on Marathon Digital’s stock (MARA). The share price gained nearly 7% after the numbers for May 2023 were released. At the time of writing, the stock was trading at $10.03.
NASDAQ:MARALong
by JSAL
7
MARA Prepping For Next Leg Back Up NASDAQ:MARA July reached a High of 27.30 (middle of July) and began its' downtrend to the Low in Q3, at 13.17 (beginning of September). I believe that is The Bottom of the V as MARA begins to ascend back towards the next 2 legs up!! So, with that being said, I comfortably took 15.50C options expiring 9/27 with the analysis that MARA is running up into its' next leg of Support and Resistance (16.59 - 18.84). I am by no means a professional investor, stock analyst, or financial advisor... I am a tier lower than an amateur beginning trader , so please do not jump into any recommended trades without doing your own research! Support and Resistance levels provided for July, August, and September from my perspective!
NASDAQ:MARA
by FliCityOptions
1
$MARA - New Swing Long Trade Opportunity!NASDAQ:MARA - Hello everyone! I'm excited to share this with you! Over the past year, whenever the RSI has touched 30 or very close to it on the daily chart (marked with white vertical lines), it has always rallied by 100% or even more. There was only one instance where it failed to reach 100% and instead rallied by 41%, which is still a decent performance. This is absolutely incredible! So, should we be worried and sell, or is it time to buy more? The choice is yours!
NASDAQ:MARALong
by cumacevik
$MARA sub $10 incomingThese BTC miners all look horrible. I don't know how anyone is convinced we're going higher here. If we look at the chart on the 3D, you can see that we've formed a lower high and price is rejecting the cloud. Should price get under $20.19, it would be extremely bearish as there is very little support below that level. I think price likely falls from here down to the trend line, then we consolidate and break that trend line and fall into the grey box. I'll only be a buyer in the gray box or if price can break back above $30.
NASDAQ:MARAShort
by benjihyam
23
Marathon Digital: Strong!We expect the MARA price to continue to rally during the blue wave (x). Only when the high is placed a little closer to the resistance at $31.30 should there be a sell-off into our magenta Target Zone (between $16.35 and $9.86), which completes the same-colored wave (ii) correction. Within this range, investors can open long positions, whereby stops could be placed around 1% below the lower edge. Once the low is set, the price should rise above the resistance at $31.30. Only our 33% probable alternative scenario calls for a more bearish development: it still places the stock in the green wave alt. (2)
NASDAQ:MARA
by MarketIntel
3
Marathon (MARA) - Breakout and Upward MomentumMarathon Digital Holdings has been trading sideways for an extended period after our last analysis. The stock formed an equal high, dipped again, but consistently held around the High Volume Node Edge Point at approximately $20. Following the latest retest of the $20 level, MARA has broken out upwards, leaving a breakout gap behind. Today's 19% increase indicates strong upward momentum. Key observations include the breakout gap, which may be retested. This retest could provide a good entry point if the price holds above the gap. The $20 level has proven to be a strong support area, consistently holding the price during the sideways movement. The recent strong movement and potential bottom formation at $14.23 indicate a possible end to the downward trend. A push above the $25 level would provide stronger confirmation of the bullish trend and indicate a clear breakout from the previous range.
NASDAQ:MARALong
by freeguy_by_wmc
$MARA Reclaims Support On Ascending TriangleMARA has reclaimed support on the lower bound of the ascending triangle pattern that has been developing since mid April. MARA gapped down 5% at open most likely due to a sell off caused by an almost equal 4.5% dip in BTC overnight. A swift reclamation of the lower bound accompanied with high volume suggest that the pattern is still in play. The top and bottom bounds of the triangle are also narrowing, which is exactly what we want to see in regards to an upwards breakout. If volume stays heavy tomorrow we could definitely see a test of that upward bound with a breakout likely if it does.
NASDAQ:MARA
by jdogprime
COIN setting up long after a pullbackCOIN has a big jump July 13 after some good news on SEC litigation against crypto and a court ruling was issued. It is shown here on a 15 minute chart. Since a double top it went sideways for a week and then down trended. The anchored VWAP bands serve to give context and serve to show dynamic support and resistance price was at the mean VWAP on July 13th when it popped. In the price action since price did a VWAP breakout and then a breakdown to bounce off the same mean VWAP black line and is now a bit above it. As I believe COIN is now trending up with the relative strengths of the low and high time frames at about the 50 level. I have set a stop loss below the VWAP line and targets as TP1 -105 TP2- 107 and TP3 -109 although the price could reach the highs of 7/13 especially if there are legal or regulatory updates favorable to the cryptocurrency sector. I will also take a look at RIOT and MARA.
NASDAQ:COINLong
by AwesomeAvani