MARA trade ideas
Ms.MARA How's your breathing? Good for 120 miles she saysNot financial advice.
"Could be the one!!!"
Legalizedhustler
In the short term. I'm short. I expect some retest of the 23.00 range. I know I marked long because long term I am.
I'm super bullish on this one for the long term and i can see a 3x easily from here.120.00+
There aim is to be a powerhouse in the mining industry that is currently 70% dominated by China.
So 120 a moderate estimation in my opinion.
It's right in my trendline.
Yes overtime it may fall out my trendline but reenters it at a higher price point
Really is a good one. Just wait for the pullback since it had such a run up last few months.
Also keep in mind this stock will be highly correlated to the BTC price.
But also make note. What BTC they mine. Unless they have to sell it for operations. They can keep it in reserves as a hedge against inflation.
I just see way more upside than downside long term with this one.
This stock has super potential
We haven't scratched the surface yet.
All the price swings before was due to speculation.
Now they are starting to put in the work and have a nice business model in place.
Everything on chart.
Support the legalizedhustler
#hustlabynature
#financialnostradamus
Soon to be cccllc
MARA 28 or 40 today, watch out NOWguys just a quick note:
So today Mara could test 40, if it doesn't hold, I personally would sell some because, I think, it could retest 28 and be on the side way till next week.
The same situation happened when BIT touched ATH 42K. RIOT and MARA dropped under 20 USD. That was a good time to load more.
It of course all depends on BIT trajectory. it seems BIT will go up but if no steam, it will back down to 40K.
So be carful out there, and may the power be with U!
After 14000% gain in less than 1 year what could happen?Potential price drop:47%
Reward/Risk:2.27
Timeframe:3-6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
M for MARA?MARA broke the down trend im still thinking its gonna form an M. We need bitcoin to recover to over 50k
waiting for a sign...is currently 226% above the 200ema and locked under the 4hr ema. Looking to open in the $16 to $20 range. But really, as soon as bitcoin heads north i"m in. sos as well. hoping that gets to the 2 or 3 dollar area. Btc is currently locked under the 50 ma.
Marathon Patent Group Inc. Setup for A Good RetracementHere is a good enough shorting opportunity.
Marathon has been on a rally for a bit now. Looks like it might be tired.
Soon as market opens tomorrow, We are shorting the heck out of this stock to $16.91. That is, unless we see something else.
Happy trading.
MARA possible M formMARA forming an M pattern. Bitcoin should recover and send MARA to 45 area then take another decently big sized dip.
$MARA Chopped in Half as Spec Money Shakes Out, But...MARA benefitted from the enthusiasm around the crypto theme. But the leverage and crowding ripened a shakeout potential that had to eventually run its course.
However, the larger trend may not be done. And the stock is now drifting into major support after a violent puke.
MARA - LONG - but waiting...Long on MARA but SHORT in the short-term. Given the recent pullback in crypto and taking into account the indicators I think MARA could potentially be a good play.
I've been quiet hesitant in looking for LONG/CALL plays as the whole market seems quiet uncertain these days. I'm waiting for an entry around $23. Trade carefully.
Entry: $23
1st Target: $31
2nd Target $49
MARA, be ready at 55 / 60.Not long ago, I posted saying be ready MARA to 5 (I am in at 2.5).
Now it is to 55 at first momentum, then to 60.
It suffice to see RIOT and NCTY. I m not, however capable of seeing how far this can go though...
But I see bitcoin to 60, 80 then 100K if everything goes ok...
I am also following SOS, CNET, EBON and XNET.
It was a good run! Short until BTC correction is over.It was a great run, take profits and buy puts. Get ready for the 40k btc correction!
$MARA🚀🚀🚀This is far from my (POI) but if it comes down to it then we are in for a TREAT of a lifetime. Why i have my (POI) way down??? Its because this stock is super volatile and anything can happen and i want my entry to be in the best place possible. If BItcoin drops further then we can see some more drops on $MARA. lets hope it does come down so we can grab TONS of shares.
Lets get rich together. Although i need you to understand this is not 100%, its all about probability.
Trade Safe.
Please your own DD.
$MARA $RIOT Daily inside bar set ups Both Mara & Riot have the same short set up, again this is short lived and very high risk, get stop to break even and take half at 1-1 risk, these both will gravitate back towards daily ma's (10 & or 20)
$MARA long ..Trigger & PTs$MARA will be a bitcoin sympathy play. Here are the levels Im watching. #RedDevilTrades
$MARA ascending triangle on the daily. Bitcoin went parabolic this weekend hitting all time highs! 58k! This is extremely bullish due to the fact marathon patent group is heavily invested in bitcoin. look for new all time highs!
MARA, be ready at 55, but Max said, the system will collapseSo folks, I am using a 3 months old chart to make it simple:
Nothing is impossible right now.
When MARA and Riot were in their 3 USD, I said it is quasi "impossible" for them to get to 10, although the chart shows it might get to as high as 55, why? because the momentum 4/5 months ago was so weak, bitcoin was under 15K USd, people were scared, we don't even know if bitcoin could get to 20K without a huge crash right after...
Next target for bitcoin would be over 50k, possibly 54K. We have the CROWD phenomenon here, thus MARA and RIOT WILL, in theory, if nothing wrong happens, be over 50 USd.
HOWEVER: remember this is a parabolic movement, thus, it could drop, and drop hard, and I mean over 10 USD drop, not 3 bucks drop. So be very vigilant, if you have a weak position, and be WILLING to take some of your profit off the table.
PS; i am almost 1000% on MARA, but I have sold step by step 70% already.
Final: This market is unhealthy, like Carl Max said, the market will destroy itself because of the human greediness.
May God forgive human Sins
It's not a MARAthon it's a sprint!When you start putting Bitcoin on your balance sheet, you get the LOG chart.
Especially during QE infinity and beyond.
Eventually everyone capitulates.
You + BTC = Winning
MARA: Bullish PennantBullish pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 5
250RSI above 50
200MA ascending
If confirmed:
PT = 61,98$
