MARA
A reasonable path for MARA to get too 100On the back of the crypto run I think the miner stocks have some good plays as well, especially those with options.
COIN bullish Nov option flow oct 11COIN had bullish Nov option flow on oct 11: over 1700 $295 calls , 1900 $300 calls and 2200 $305 calls were bought.
Look for break over $286, as this is previous resistance.
Bitcoin is closing in on all time highs of $64700, but look for a small pullback after this big weekly rise.
I like HUT, MSTR and SI for other crypto stocks too.
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
Marathon Digital Holding - MARA - Stock with a Crypto Flare!Marathon Digital Holding - MARA - Stock with a Crypto Flare! Many times this stock, MARA, follows the price movement of major cryptocurrencies such as Bitcoin(BTC). From a Technical Perspective MARA has bounced off the fibonacci golden zone and may project to the 27.2 or 61.8 projections. Edutainment Purposes Only!
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!
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.
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
BTC to retest all time highAfter BTC broke down from the head and shoulders pattern there was a retest of the neckline. At this time BTC is currently trending in a falling wedge which i believe to be bullish.
Technical analysis in my opinion is an art and subject to interpretation. Please do your own research before investing into a volatile asset like BTC. Good Luck!
FYI: Blue lines indicate measured move.
MARA - Head and ShouldersKeep an eye on this pattern as it develops, as BTC is also at a key level of support.
This coupled with a rising 10yr yield and the SP500 looking a little top heavy would lead me to take the view that limiting unnecessary exposure could be beneficial.
-TradingEdge
$MARA - Key Levels and Analysis - update $MARA - Key Levels and Analysis - update
—————
OK… well, that was fun.
I zoomed into the 4 hour chart just to be able to see what was going on in after-hours… it bounced a little bit at support but nothing definitive.
MARA is at a support level here, after blasting through the one above it from my last post.
I have not added yet, but if it gets to 27 I will
I DO see the head and shoulders and I’m watching carefully… MARA runs more along with digital currency so the patterns don’t mean too much for me in this case…
——————
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.
My average is in Grey
Red = Resistance
Green = Support
Blue = trendlines
Have fun, y’all!!
$MARA - Key Levels and Analysis $MARA - Key Levels and Analysis
—————
I am still leaning to the bearish side here, while crypto technicals cool off a little bit - and I’d love to be able to add at 27.
Still above the MacD centerline so could go either way…
——————
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.
Red = Resistance
Green = Support
Blue = trendlines
Have fun, y’all!!
MARA, RIOT & BTC ----almos 99% .Correlatationwith the MONDAY (BTC downside) , i bought MARA at 33.5.
There is a strong correlation between this two stocks and BTC price.
When BTC get recovery near ( 50k ) i will close my position ( about 36.2 ) whit a 8% of profit.
Peace !
David
$BTC WeeklyThe $40,500 - $45,000 zone has been a support and resistance area since December 2020.
If you're a bull - you want this support zone to hold and imply a move back up to $50K +
If you're a bear - you want to see a break of this zone implying a move back down to ~$35K area (blue EMA cloud)
My bias is to the upside : )
MARA Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
MARA Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
MARA ready to flyMARA has a great setup, probably gap up tomorrow. If it doesn't will look to get some 8/27 calls for a quick swing. PT this week is $39-41.
$MARA Analysis & Key Levels$MARA Analysis & Key Levels
No looking good for Bitty today… Still on target from the last post… I think there’s quite a bit more to go…
It might be a long Sept. for MARA
I am not your financial advisor, but I will happily answer questions to the best of my ability but ultimately the risk is on you.
Red = Key levels
Green = resistance
Blue = trendlines
Have fun, y’all!!
ANY 10X potential based on Exahash powerMARA 10.37 ExaHash vs ANY 6.4 Exahash in 2022.
MARA Market Cap 4.325B vs ANY Market Cap 201.94M
10X potential in 2022 if they don`t keep diluting their shares to buy more miners.
Next week`s target: 8.9usd resistance.
Enjoy!
Marathon Digital Analysis 04.09.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
RIOT - Looks like to broke outFollowing Bitcoin pattern.. Looking bullish.. Bitcoin poised to hit $100K+ by EOY and these miners will reap the benefit
