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MARA

IT'S HAPPENING! BULL AUTUMN AHEAD IN CRYPTO LAND!As discussed at length a couple of months ago, we've been keeping a close eye on the internal strength relationship between Marathon Digital Holdings (an American Bitcoin mining company) and the Bitcoin spot price. As we can see, the soon four year long reversed head and shoulders pattern has now gotten a technical breakout. As long as this DOESN'T turn into a fakeout, we can safely conclude that Bitcoin is in for an autumn rally! Why then is that? Well, just as Coca Cola won't lower their prices on their tooth-acid nightmare should the price of sugar skyrocket, neither would Marathon itself trend whilst Bitcoin is dumping. Based on the near 4-year long technical build-up, there is A LOT of upwards pressure amidst a north-bound breakout, like now. Hence, we can naturally conclude that Bitcoin is either ready to truly move, or at least to continue consolidating with time, as in a price-based correction, above THIS key horizontal support zone. We have recently discussed how Bitcoin could be in for a nasty flat down to $22,000-25,000. Is that entirely nullified then? Yes and no. As long as this internal breakout in Marathon versus Bitcoin (NASDAQ:MARA/BITSTAMP:BTCUSD) DOESN'T turn into a fakeout, then yes: the flat threat is cancelled. If, however, we were to see a soon-to-come break below the technical neckline, then you can bet the farm Bitcoin will go down there. As for now, given the immense risk to reward, I have put all of my eggs into Cardano, Ethereum, Marathon Digital Holdings and Polkadots - all of which are some of the strongest technical prospects right now. With that said, I WILL release EVERYTHING upon a break down below the neckline. And the reason is simple: fakeouts tend to move highly aggressively in the opposite direction. In such case, you can take the low to mid 20 000s targets to the bank.
NASDAQ:MARALong
by LongLifeTrading
1
Possible good entry point for GREE $GREE went through a merger with $SPRT. The merger was an absolute nightmare for holders of $SPRT. They were not given the appropriate number of shares of $GREE relative to the price of the old ticker $SPRT. Not only did they see a -50% loss the stock fell from ~50$ ipo price to where it is today ~$22-$23. Now for some possibly good news. It does look like $GREE has found support in the low 20 dollar range. In my own opinion, I can see this stock starting to climb back up because they mine bitcoin. bitcoin hit a new ath and appears to be on its way past 70k in the near future. So because you $GREE mines bitcoin their price is very heavily related to the price of $BTC. How does this stock's Hash rate (basically the amount of bitcoin they can mine) relate to their peers. Well NASDAQ:RIOT hash rate is 2.3 EH/s they have a market cap ~3billon. NASDAQ:MARA has a hash rate of 1.9EH/s and a market cap of ~5 billion. NASDAQ:HUT has a hashrate of 1.3 EH/s and a market cap of ~2 billion. So $GREE has a market cap of ~900 millon and a hashrate of 1.0 EH/s. It is pretty simple too see that they are undervalued relative to their peers. I am long on NASDAQ:GREE myself and am optimistic for what the future holds for them and bitcoin.
NASDAQ:GREELong
by igcollinmcdev
HUT 8 - MARA - KOIN - LEGR - OSTK All above cloud These are the 5 Crypto based Stocks that are above the Green Cloud and or facing the Green Cloud about to move up . On HUT 8 i did the key algo showing the last time it dipped below the cloud and made th is exact same move. It continues to repeat the move for a new higher before dipping below the red cloud again. If all of these stocks are doing the same move I would expect to see these all make a move to the upside. This stock has already taken a Dip to find support. I would make sure to look for a dip before blindly jumping in. its a pivital area if support isnt found it can come down to the last level of support. I would say that if price action drops deeper than this wait for it to come back and close above the 10.70 area before getting back in. by iCantw84it 10.14.2021
NASDAQ:HUTLong
by iCantw84it
ANY Sphere 3D Corp. Most undervalued Bitcoin MinerSphere 3D Corp. (ANY) deal for rights to bitcoin mining agreements of 60,000 new bitcoin mining machines for a total of 5.7 Exahash of computing power. Marathon is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day. MARA mk cap is 4.34Bil vs ANY Market Cap 464Mil. MARA 10.37 ExaHash vs ANY 5.7 Exahash I see a 400% upside potential for ANY from here!
NASDAQ:ANYLong
by TopgOptions
MARA looking like Angelina Jolie from 200720% gap between BTCUSD nav performance and MARA. I believe that gap will close. So she's looking fine as hell, a beaut. Partnership with Beowolf should yield a 38% decline in electricity/power costs. I believe MARA is going to be the winner out of the pack of bitcoin miners because they have been reinvesting in efficiency and growth heavily. Their sales per employee are nearly double that of RIOT showing that they can do more with less, and if you can stomach no P/E for a decent period of time, their major investments in growth will pay off in the long run versus appearing profitable in the short-term.
NASDAQ:MARALong
by EBITDAtiger
Marathon Head and shoulders reinterpretedThe Head and shoulders i thought was denied could actually still be forming, this means that MARA isn't out of harms way. However i also see a big wedge forming with potential of sending the price upto test earlier high resistances. With bitcoin being over 50k. i can't see why MARA should drop back down to around 20, however i will be keeping an eye out for the bottom of the wedge as potential alert for me to sell the stock for now. Follow up post as part of my response to @mbelasy
NASDAQ:MARA
by Hami_Invest
4