MARA trade ideas
$MARA $30 target, early year highsNASDAQ:MARA CRYPTOCAP:BTC cup and handle here. Look at the yearly. This is going to be good. $30c 2025.
Wallstreet Loser
MARA Elliott Wave Analysis: Looking for a Wave (4) ReversalMarathon Digital Holdings (MARA) is showing a potential Wave (4) correction setup on the daily chart.
Here's the plan:
Correction Zone: Watching the $18.91-$21.46 area (Fib 1.236-1.382) for a potential reversal.
Upside Targets: If support holds, Wave (5) targets are $28.17 and $34.46.
Stop-loss: Placed at $17.63 to limit downside risk.
A clean structure aligning with the Elliott Wave framework, offering a strong risk-reward setup.
MARA - Bullish Cup & Handle Long Term ThesisSummary: MARA has been forming a large cup & handle over the past 4 months and appears to be setting up for a healthy breakout. Looking for a long entry on daily close above 27 on handle break or a break above 27.5 with a 24.5 stop loss in mind. Time horizon for the trade is long term; pattern formed over about 4 months so I like to allow at least that much time for the breakout to play itself out hinting to the longer dated contracts.
P&L Assuming ~27 Entry:
Gain: $9
Loss: $3
Risk v Reward: 3:1
Possible Contracts:
25C for 3/21/2025 (currently @ 8)
30C for 6/20/2025 (currently @ 9)
Your not ready for MARAs next move! 118% Upside🚀 Hold on tight! MARA's Next Move is Coming! 🚀
Get ready for an explosive 118% upside! MARA is showing off a stunning Cup and Handle pattern that's about to break out any moment! And guess what? We've already broken out of a pristine Bull Flag!
Here's the breakdown:
- H5 Indicator: GREEN and ready for action!
- Volume Shelf Launch: With Free Roam Space above.
- WR%: Sitting comfortably in the Consolidation Box.
🚩 Bull Flag MM: $50
Cup and Handle MM: $65
This is Not Financial Advice (NFA), but don't say I didn't warn you—buckle up! 🚀
MARA: Strategic Entry Amid Bitcoin ResurgenceMarathon Digital Holdings, Inc. ( NASDAQ:MARA ): Strategic Entry Amid Bitcoin Resurgence
Trade Setup:
- Entry Price: $19.59
- Stop-Loss: $15.14
- Take-Profit Targets:
- TP1: $28.61
- TP2: $39.59
Company Overview:
Marathon Digital Holdings, Inc. is a leading digital asset technology company specializing in cryptocurrency mining, with a primary focus on the COINBASE:BTCUSD ecosystem. The company has recently expanded its operations, including the acquisition of a 114-megawatt wind farm in Texas to power its mining activities with renewable energy.
Financial Performance:
In Q3 2024, Marathon reported revenue of $131.6 million, up from $97.8 million in the same period last year. However, the net loss widened to $124.8 million, exceeding analyst expectations.
Analyst Ratings:
Analyst sentiment is mixed, with some maintaining a "Buy" rating and price targets around $28.00, indicating potential upside from the current price.
Volume and Market Dynamics:
The stock has experienced increased volatility, correlating with Bitcoin's price movements and recent company expansions. The acquisition of renewable energy assets reflects a strategic move towards sustainable operations.
Risk/Reward Analysis:
The stop-loss at $15.14 limits downside risk, while the take-profit targets of $28.61 and $39.59 offer potential returns of approximately 46% and 102%, respectively, from the entry point.
Conclusion:
Marathon Digital Holdings presents a strategic opportunity for investors seeking exposure to the cryptocurrency sector, particularly Bitcoin. The company's expansion into renewable energy and increased mining capacity position it favorably amid the current Bitcoin rally.
*When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!*
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
MARA - Marathon Digital Holdings - Bullrun ?Mara has been in a long consolidation, it's coming to an end. This is a quarterly chart. Expecting Parabolic move as we move ahead into 2025.
Kindly consider risk before investing.
If you like, do boost and share :)
MARA - Rising Wedge Bearish ThesisSummary: MARA is in a rising wedge last 2 weeks which has a bearish breakout bias. Additionally we saw heavy selling pressure on recent test of trendline resistance both in terms of PA and volume which suggests it's not ready for more upside yet.
$MARA great Black Friday Alpha giveawayA supporting video of the wonderful Alpha supplied by this indicators Black Friday giveaway. both a long giveaway and hiding in the weeds an even bigger short Alpha giveaway
MARA - SOON PRICE DISCOVERY MARA is looking to test the areas of $30-$60 range, if not more. Monthly candle just closed breaking its previous resistance. RSI confirmed the breakout as it also cleared its previous resistance. This stock is looking really bullish based on technicals. Would not be surprised to see it touch $100+ in 2025 after it starts price discovery, kind of like how MSTR did.
Goodluck everyone!
NOT F.A.
Yours truly,
DYTRDR
MARA - Wyckoff Re-accumilation in progressMarathon appears to be following a Wyckoff re-accumulation pattern.
$60 target early next year
MARA , is ther more to be extracted from this opportuntiyHi , dear traders the amazing Cindarella story of MARA holdings has been picking up a lot of eyes recently giving a positive outcome that the company can live to it's potential and continue with it's strong bull run.
Entries 26.70
Target 1 : 44.15
Target 2 : 54.50
Waiting for the slight retesting of the newly found resistance line and then further more continue the wave on the strong up trend. More info and analysis in the available group.
As always happy trading!
$MARA ... Engines On!There we go!... Wave C is in full upward swing to its projected targets! 👍😊
NASDAQ:MARA #MARA
MARA. I expect a dump in the next year or two.Would love to see them wick this untested level at $2. it seems crazy. But is it? Would buy heavy here.
MARA - Retesting the Lows of the previous week?Due to the High Volatility, I expect a retest of the previous week.
Target: 17ish
Can MARA reach $100?How high will MARA pump this cycle? I think $50 is an easy target but maybe more?
MARA 33,875 BTC and potential set-up for break outMarathon Holdings (MARA) is showing strong technical momentum as it aims to break out of a long-term symmetrical triangle pattern, indicating potential for continued upside. The chart highlights a well-defined ascending support line and declining resistance, which has now been tested and breached. Volume trends are supportive, with increased buying pressure evident.
Fundamental Impact of Bitcoin Holdings
Marathon's Bitcoin holdings are a key driver of its valuation. As of Q3, the company held 26,747 BTC, valued at approximately $1.69 billion based on Bitcoin's Q3 price of $63,300 per BTC. Following additional acquisitions, Marathon's holdings have increased to 33,875 BTC. With Bitcoin currently trading at $98,000, these holdings are now worth approximately $3.32 billion, reflecting a $1.63 billion increase in fair value.
Estimated Mining Growth
In October, Marathon mined 717 BTC, with November and December projections exceeding 800 BTC each. Combined with potential additional acquisitions, the company could close Q4 with approximately 40,000 BTC. At the current Bitcoin price of $98,000, this would increase their holdings' value to around $3.92 billion by year-end.
MARA upcoming breakoutMara Holdings building volume and testing new highs as Bitcoin price surges. Strong momentum in both MARA and BTC. Long positioned.
MARA entering mark up phase - Target $140We see a clear textbook phases of the market. Mark Up followed by mark down, accumulation, we then see a deviation or spring. The phase after accumulation can be called disbelief, others call it a test pump. Fib Extension has the 1.618 target at around $140 dollars.
MARA - LONG Stock traders may advise shareholders and help manage portfolios. Traders engage in buying and selling bonds, stocks, futures and shares in hedge funds. A stock trader also conducts extensive research and observation of how financial markets perform. This is accomplished through economic and microeconomic study; consequently, more advanced stock traders will delve into macroeconomics and industry specific technical analysis to track asset or corporate performance. Other duties of a stock trader include comparison of financial analysis to current and future regulation of his or her occupation.
MARA Long- Bullish dragon
- Bullish Divergence
- Backtest of Key level of Support
- Engulfing candle
- If you don't see it then you need to go back to the drawing board
This is traditional TA at it's finest. Before anyone gets upset, yes these plays can fail, anything can happen at any time. However, this is a clean set up with easily manageable risk, and so we take a shot and see what happens.
Trade Idea | Long | MARA | Mara HoldingsMARA Holdings, Inc. is a company that engages in mining cryptocurrencies. They will release their recent earnings report on November 12 and in my opinion it is currently trading below market value.
As of this writing, OANDA:BTCUSD is now trading at $80K level posting another new high meaning, the value of this holdings of this company also increases. This recent bullish move made by Bitcoin is enough for me to go long in this stock.
Trade Idea:
Entry : $19 - 20.50
Stop: $18.00
Always manage your risk. Know when to get out before going in. My target exit depends on the volume price action heading to that $26 level resistance.
An update to my MARA chart:Looks like the thesis played out - albeit I have to admit if you only read the previous post's title then you'd think my play was it was going to $0 haha.
The IHS idea has worked out with a breakaway gap to the upside. There is still insufficient volume to support this price action, so proceed with caution. I do think this has the highest chance it's had to be a runner. And for good reason - at SEED_TVCODER77_ETHBTCDATA:5B , the leading BTC miner is significantly undervalued for the heat that comes with crypto. With crpyto ETFs giving BTC adoption to the masses, MARA should see a reduction in beta which could see more institutional flows coming to it.
