Mara the same? Marathon Digital Holdings
Short Term - We look to Sell at 11.03 (stop at 12.16)
Preferred trade is to sell into rallies. Trend line resistance is located at 11.00. There is scope for mild buying at the open but gains should be limited. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 8.62 and 5.19
Resistance: 11.00 / 12.00 / 20.00
Support: 8.80 / 5.20 / 1.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
MARA
$HUT - 2 Chances HUT broke down from the inverse head and shoulders. It even has candle confirmation - spinning doji followed by bearish engulfing. It is fair to say that the IHS is NEGATED.
I see 2 bullish scenarios here on $HUT . In this order:
1. Bullish divergence on $HUT. It can bounce righy here on the 4.50 support and see much higher levels: 4.8, 5, 5.5 and even higher levels.
2. $HUT loses the bearish divergence and goes for oversold zone (below 30 RSI and under). It can try to bounce here.
Thanks for reading. What do you think?
This is not financial advice. This is solely for entertainment purposes. Do not take anything from this idea as advice in any way, shape, or form.
The dollar just broke a 37 year old trendline This doesnt look good for Bitcoin. This could be the beginning of BTC to retest 20k level if the dollar keeps spiking. Commodities at all time highs, the USD is needed globally... much sooner then they need Bitcoin. Until commodities are paid in BTC, the Dollar will remain strong with EUROPE / Global uncertainty
BTCUSD Ascending TriangleBitcoin continues to make a push to the upside meanwhile price action continues to trade within an ascending triangle. Typically, this is a continuation pattern to the downsize although there can be many fakeouts in the market place. Play both sides of the market here with shorts or longs on the break of the triangle!
$MARA back in for another run 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This morning my team purchased shares of digital mining bitcoin company Marathon digital $MARA at $25.92 per share. Our take profit is $32.75 with a stop loss at $24.90.
Our Entry: $25.92
Take Profit: $32.75
Stop Loss: $24.90
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Another short on Marathon. MARAGoals 24, 22, 19. Invalidation at 34 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$BTC buying the morning dip 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Buy Entry: $43000
Take Profit: Yet to be determined
Stop Loss: $42000
If you want to see more, please like and follow us @SimplyShowMeTheMoney
MARA: Short the Resistance? Marathon Digital Holdings - Short Term - We look to Sell at 32.15 (stop at 37.41)
We look to sell rallies. The medium term bias remains bearish. Previous resistance located at 32.00. The bias is still for lower levels and we look for any gains to be limited. The daily chart technicals suggests further upside before the downtrend returns.
Our profit targets will be 19.56 and 16.44
Resistance: 32.00 / 40.00 / 55.00
Support: 20.00 / 18.00 / 16.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Cryptocurrency Takes The Wheel - Bullsmany have greatly underestimated cryptocurrency, it will carry the market along with stocks look the market cap is sitting on the golden ratio it will continue up anyone selling crypto is blind.
s3.amazonaws.com
CAPITALCOM:CIX
CRYPTOCAP:TOTAL
CRYPTOCAP:TOTAL2
CRYPTOCAP:TOTAL3
AMEX:VTI
AMEX:VT
AMEX:VOO
COINBASE:BTCUSD
COINBASE:ETHUSD
BITSTAMP:XRPUSD
COINBASE:MATICUSD
COINBASE:LTCUSD
COINBASE:BCHUSD
COINBASE:ADAUSD
COINBASE:DOGEUSD
NASDAQ:COIN
NASDAQ:MARA
NASDAQ:HUT
Possible BTC MovementI'll keep this one short. I thought this seemed to be the most likely movement for BTC, if people wanted to see it be bullish. I just really don't see a reason for it to be bought until it can come up a bit more or go down a bit more.
I may actually be more worried about its price if it pushes up without coming back down to atleast 36.8-39k
Check related idea if you want to see or use the Schiff Pitchfork that I am using.
BTC End above 41,700 potentialThe title is the main point of this. As i go through the charts since the market opened I thought hmm, if this ends above the red line it looks great. well towards the end of the videe it seems that the bulls knew about this looong ago.
I think the 4HR at 11AM EST will determine a great amount of BTC trajectory. IF it holds 41,700 then I think bullish or sideways movement is what will happen. I explain that idea in the video.
It is 20 minutes.
I go over link, ada, USTY02, MARA and some others
$MARA looks like it bottomed, can it push to $50+?$MARA looks to be forming a bottom here in the $25 range. I expect next week will start a move up.
I think we'll likely move up to retest the 50% retracement level at $54 and reject there (potentially a little higher at $57).
Let's see how it plays out over the coming weeks/months.
$MARA Trade update$MARA Trade update
MARA averaged down today… new average 25.62
New sell target 37.35 for 45.78%
All targets on the right are open buy orders in case of a further sell off (In fact I would love all targets to the downside to fill)
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
$BTC weekend chart analysis 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
MARA: Further Downside Ahead? Marathon Digital Holdings - Short Term - We look to Sell at 33.35 (stop at 38.33)
We look to sell rallies. Previous support, now becomes resistance at 32.00. 20 1day EMA is at 34.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 21.26 and 19.75
Resistance: 32.00 / 40.00 / 50.00
Support: 25.00 / 20.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
MARA, 6 Jan: Almost a Buy.MARA has lost -65% since November. Let’s take a look if we can pick up the stock from the bottom.
Elliott:
The count suggests that a 5-wave move is about to complete. This can be interpreted as wave C of a larger degree.
Geometry:
If the pitchfork is drawn correctly, we may have a potential support at the lower boundary. The 4th extension of the upward facing channel is a bit lower at 25, which is the same level as the 78.6% retracement.
Oscillators:
The Stochastic is oversold and due to move up. The RSI shows a bullish divergence.
Correlations:
For MARA to move up, we need:
Bitcoin to bottom out and start a new bullish sequence.
DXY to not break the current resistance and drop lower.
How to trade it:
The idea is to test long positions as MARA approaches the potential supports, and build further long exposure when price makes a higher high that breaks the downward trend. It is possible to trade RIOT for diversification. The idea is invalidated if Bitcoin shows no signs of recovery.
New Position $MARA Target 41.91 for 33.13%New Position $MARA Target 41.91 for 33.13%
Or Double position at 21.05 (I have Feb 4 puts sold to double my position if it goes down further)
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀