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MARATHON

After Big Push Up and Earnings Inflation, Time to Sell RIOT?In institutionalized markets, we often see patterns of up and down, up and down, verses more free markets, in which we see large bull trends followed by disastrous bear trends for some. The more popular the asset, the more swings we often see, as people play a tug of war to win Bull or Bear. As you can see in this long-term Daily Chart, RIOT has had two weeks of a solid uptrend, followed by slight sell-off, and consolidation near the top. The bottom lies around the golden figure of $22 USD. In the shorter-term to medium-term charts, I see little room to move up on the top, with Bitcoin once again reaching resistance at $41,000, and massive downside potential. For the monthly chart, we are at a monthly high. Warren Buffet would recommend to sell the overbought monthly high for a weekly profit. Technical indicators show we are overbought, and due for a slight-to-moderate correction. For the yearly, we are still in a downtrend for both RIOT and BTC, with highs far, far away. The push up in RIOT is likely due to its earnings coming out in two days. Days before earnings arrive, the stock anticipates positive or negative earnings, and rises unexpectedly. Most of the price action commonly occurs before, not after earnings come out. Don't buy the hype. Markets feel ebullient, with SPY at all time highs, making a 38% gain in 1 year, but much of the country is truthfully in a depression. Banks just lowered interest rates again, making savings accounts useless. Many other modern countries having savings with a rate of 8%, more than the typical gain per stock market year. US will have a harder and harder time existing on trillions of debt and even Bitcoin and cryptocurrencies can't save the monster of debt US is lugging around behind its warguns. For myself, I'd rather sell resistance, and buy major support. Ask yourself, too: what is a bit of coin? What is a bit of money to you? A bit of coin to Bank of America is $10 for quarters. That is the maximum amount of coin they will give you. Now think about a billionaire's motive: what is a bit of coin to him? This man has never had to live paycheck to paycheck, does not know the real value of money. To a billionaire, a bit of coin is $100,000. To a multi-millionaire, they often spend $50,000/month on housing and other expenses. At least, that's what I've seen with my own eyes, with real people millionaires. If Bitcoin continues to go up, its ultimate DARK SIDE comes out. It will have the capacity to inflate all assets. In my city, food prices have doubled in many restaurants since BTC reached 60k. Apartment prices have gone up at least 10%. Many people want higher Bitcoin, but it may destroy USA. USA is known for little inflation and fair prices to be united. You have to be a citizen first, and Gordon Gecko of greed second. Reminder: Always do your own analysis.
NASDAQ:RIOTShort
by Grandmaster76
2
Marathon Digital Holdings WeaknessMarathon is displaying one sign of weakness after another. It just broke out of its ascending channel, which disqualified both the lower bullish red RSI buy signals that we got recently, both on the hourly and the daily chart. This is bad news. Real bad. Especially so as it now leaves the daily RSI in a much weak position, one that paves the way for further drops to the downside. Additionally, what we thought to be an initial ABC Elliott correction seems to rather be a 12345 correction. If Bitcoin were to drop down towards the low to mid 20 000s, then Marathon should stand a good chance of hitting its 5th wave target around the horizontal support at $14,00-14,50.
NASDAQ:MARA
by LongLifeTrading
My bull case for Bitcoin and $MARAHello, today I have analyzed NASDAQ:MARA , Marathon Digital Holdings is a Bitcoin mining company. The stock price has a 90% correlation with the Bitcoin price. As the value of Bitcoin keeps making all time highes Marathon's income will do so as well. Since the company has more than 99% of their value in Bitcoin itself. Why It will soar Loads of institutional investors are piling into Bitcoin. More and more companies continue to support Bitcoin. $MARA is showing great price strength on all timeframes. Price targets My short, mid and long term price targets are extremely bullish. I've set my short term price target at $60 ( Until next friday ) and my long term ( 1 year from now ) at $150. Conclusion Since Bitcoin is a strong currency and has been the best performing commodity for the last 12 years, ontop off insitutions beginning to adpot Bitcoin as well as companies accepting Bitcoin for goods and services. It is also showing a disconnect from the generall stock market which makes It more independent. All of this just proves my point that Bitcoin is the future. This is a strong buy from my side and I will keep dip buying this all the way up, same goes for Bitcoin. OBS Note that I am a little biased, I hold Marathon Digital Holding stock at a GAV of $35.
NASDAQ:MARALong
by mr_ikea
2
Let MARA come down, then buyI watched a very encouraging interview that CEO Merrick Okamoto did, and I must say I am pleased with the direction that this company is heading. After the rip from yesterday, we now know that retail investors are prepared to break all-time highs, without the same-day regression. I love this company long, so I will be buying once my first support limit is triggered, and again at low support. This stock is highly tied to the price of bitcoin, so if you think that is only going up from 58k, buy now! If you like the concept of bitcoin mining, nobody in North America does it at this scale. My personal belief is that Bitcoin needs to come down below 50k in order for the market sentiment to shift on the 50-60k level. People need to realize that it's either worthless or worth a hell of a lot more than 58k. This stock will break the $100 level again in the next 3 years. If you want a long-term hold that you don't have to look at every day (you may stress yourself out), then hold this. Let it come down and then I recommend having a close look, or buy now and enjoy the profits long-term. *Not a financial advisor. **Don't judge me on my winners. Judge me on my losers, because there are so few.
NASDAQ:MARALong
by kambach
3
MARA Marathon Digital Holdings $70 option callsInvestors in Marathon Digital Holdings, Inc. MARA need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 16, 2021 $70.00 Call had some of the highest implied volatility of all equity options today. (zacks.com) The indicators are still looking bullish on the daily, despite today`s correction. So is MARA a still a buy??? Market Cap 3.879B I am looking forward for your opinion to make a decision myself. If you missed my comparison to EBON: If you missed my hashrate comparison with DMG blockchain: If you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NASDAQ:MARALong
by TopgOptions
16