MARA trade ideas
Technical evidence of buying MARA!1- Getting out of the downtrend of all time!
2- Obvious Cup and Handel pattern which is one of the most reliable money-making patterns in technical analysis!
3- Just close above 200 SMA in the weekly chart!!!
4- increased trading volume
Keep this Bitcoin miner on your watch list Price action to SMA 100
SMA 50 speed is about to cross up zero line!
It just need to break the resistant line!
Pennant or ascending triangle.Looking at the daily chart MARA looks to be in a pennant pattern, or ascending triangle. Remaining bullish on bitcoin miners.
Down but not out.We didn't have the day we wanted but we must stay true. We hit the bottom of the channel and we won't see much downward from here unless we drop down into the 1st channel.
I dropped some shares at peak today and am looking to get some more capital in $RIOT at the moment. $MARA seems to be a much more long play than explosive.
Dont doubt this stock though there is a lot to admire.
Break before the uptrend continues. MARA and RIOT have been up trending with bitcoin. MARA appears to be trading sideways, good entry point. Not a financial advisor.
$7.16 Short term Target here.Plenty of room to move up tommorow. I havnt added this dip but I am holding comfortably.
Some clear space aheadWith Riot Blockchain pushing upward this is always a secondary stock to follow.
MARA for todayIt could very likely to settle around 5.30 range before take off if bitcoin is going to take off.
[short-term] MARA will go up to 6.5If Bitcoin is stable at ~$19,000, medium-term uptrend momentum of MARA will be secure. For short-term, price has touched the support line (MA 15) and will go up soon.
Gap down and Gap back up. MARA gaped down just like RIOT and then it gaped up. MARA attempting to break the line of resistance. Bullish on MARA.
