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M44 trade ideas

[Watch] MARA versus Bitcoin 4️⃣9️⃣| The Rainbow AnalysisWhat's going on, Team NASDAQ:MARA ? When we have red days, I would like to record the most because it allows me to have more and more conviction. I went over multiple levels and talked about 30WMA (Stan Weinstein) and The Rainbow, which has no monthly sell activate, which is good for our longs. This is my Demand Zone 7,98$ to 7,66$ per share. Those levels are the Open Price and Low Price on the weekly candle dated April 10, 2023. What does this mean to you? It means I am a buyer at those levels IF, which is a big IF price move lower. Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 4️⃣8️⃣| God's Hand Indicator Year-to-date: ⤴️193.02% What's going on, Team NASDAQ:MARA ? Today I want to share the newest indicator I am running; God's Hand. I will share the $NYSE: SPOT findings on the monthly chart and the entries we have so far in 2023 on SKILLING:NASDAQ : MARA Stay tuned because I will share more of God's Hand on Tradingview. Enjoy your Saturday, and I talk to you tomorrow. This is my Demand Zone 7,98$ to 7,66$ per share. Those levels are the Open Price and Low Price on the weekly candle dated April 10, 2023. What does this mean to you? It means I am a buyer at those levels IF, which is a big IF price move lower. Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
Puts on MARAHello friends. We bought some 10 puts on MARA that expire on 5/19 with a strike of $11 for a price of $2.05 each. Mainly we are doing this as a proxy for shorting Bitcoin with puts. Since the crypto options market is illiquid while the MARA options market is liquid, and since MARA is strongly correlated with Bitcoin, this works well. MARA is correlated to Bitcoin because they are a mining company. As a result of being a Bitcoin mining company, they have performed terribly and will almost certainly continue to do so. This part is more of a long-term idea, but I believe that bankruptcy is absolutely *programmed* for 99% of these Bitcoin miners, especially ones like MARA that are consistently eating enormous losses and are saddled with back-breaking debt. This trade is not particularly based on these long-term ideas, on account of being such a short-dated trade. For our longer-term trade, we plan to short the heck out of Bitcoin miners when they reach their expected peak around EOY. We're talking massive size, because I'm so sure about it. This current trade is small size for me. Only 10 contracts. There are three long-term factors that will drive all Bitcoin miners to zero: Innovation: The Bitcoin hash rate goes up rapidly over time. On this day last year, it was 226M TH/s. Today it is 350M TH/s. That is an increase of over 50%!! Hash rates have been growing exponentially over time as we have innovated and improved computers. I'm very confident that this trend will continue. The reason this is lethal for Bitcoin miners is that their technology becomes outdated over time. With a 50% annual increase in hash rate, your current cutting-edge money printer miners are going to be totally irrelevant and worthless in 2 years once there is yet another new wave of miners that are 2X better and that totally *dominate* your miners and drive them into deep unprofitability. It's expensive to buy that new hardware, and this is a constant drain on miners. The higher the hash rate goes, the harder it is to mine bitcoins. Bitcoin price falling: The Bitcoin bubble is over. I'm enormously confident that Bitcoin prices will fall over the coming years. This is bad for Bitcoin miners for the obvious reason that they will be selling their coins for a lower price, and pocketing even bigger losses as a result. The Halving: The amount of Bitcoin that miners can produce will be slashed in half again in approximately 337 days. So around a year. This is an incredibly important factor. It should effectively double the price of producing a Bitcoin. Let's say MARA is mining 1 Bitcoin for a net price of $35,000 currently and is losing $5,000 on each coin by selling them at a price of $30,000. Well, after the next halving, they are mining 0.5 Bitcoin for the SAME price of $35,000. So their actual price is $70,000 per coin. Their loss goes from $5,000 to $40,000 per coin. That isn't even double in this case, it's eightfold. And the Bitcoin price won't go up due to the halving. Yes, that has happened in the past. However, that was during the bubble phase. Now the bubble is over, and it's down only for Bitcoin. The argument that a slower increase in the supply of Bitcoins will drive the price upwards is half as relevant with each halving. Now, at a point, where over 19 million out of the 21 million total Bitcoins have been mined, there is hardly any argument that supply is important for price. The singular real factor of importance for Bitcoin prices is DEMAND. In other words, how many fools are willing to buy it? And let's be honest, with a Coinbase SuperBowl advertisement, you've reached about the peak for that factor. Where are you going to find another couple of billion morons with money? With all of these forces operating against MARA and other Bitcoin mining companies, it will be amazing to see them all go bankrupt. Think of it as mother nature purging the world of poison. And make no mistake, Bitcoin is poison. The three poisons of the mind in Buddhism are greed, delusion, and hate. Almost all Bitcoiners I've seen are greedy in the sense of 'Screw you, I've got MINE, and I'm going to be the king of the New World when Bitcoin becomes the global currency.' They are also almost all delusional, believing in things that are just obviously untrue in the same way that religious people operate. For example, they believe that the price going up in a perfectly repeated cycle indefinitely is a reasonable assumption, that wasting energy and technology on mining Bitcoin is totally necessary to secure the network (meanwhile you could run the Nano network with a single windmill for probably the entire earth and with no needless mining), etc. Lots of inherently false beliefs. They will excuse the authoritarian brutality and lack of human rights under Bukele while claiming to be libertarians. Most importantly, Bitcoiners are hateful. They violently hate all 'altcoins', and they rail against the banks without even knowing what a bank is or how currency creation actually works. They resent anyone who refuses to buy into their scheme. Because of this, all rational people should cheer and celebrate the demise of Bitcoin and it's supporters as a win for the environment and society at large.
NASDAQ:MARAShort
by bowtrix
14
[Watch] MARA versus Bitcoin 4️⃣7️⃣| Is 100$ sound mathematicallyLet's start a new day with a new video about my favorite crypto-miner; NASDAQ:MARA Today I would like to review the monthly and weekly chart using deFran, an essential indicator I use to have buy/compra and sell/signals. We all know people want that, and retailer traders love those indicators. I aim to deliver realistic guidance so we all can bank on the Bitcoin 2023 Bull Market. This is my Demand Zone 7,98$ to 7,66$ per share. Those levels are Open Price and Low Price on the weekly candle dated April 10, 2023. What does this mean to you? It means I am a buyer at those levels IF, which is a big IF price move lower. Year-to-date: ⤴️186.87% Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 4️⃣6️⃣| Red Day; Bless Day What's going on, Team NASDAQ:MARA? I appreciate your patience. I have been sick for weeks now. I wanted to record this video because is a red day and we all need to follow up no matter if it does not go up as we expected. What's new with me? Well, I am recovering and now I added Stan Weinstein 30WMA. Avoid Margins and Avoid asking for money to buy stocks. If you do that, you will be highly profitable in your trading business. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
4
[Watch] MARA versus Bitcoin 4️⃣5️⃣| Monthly close above 8.54$ What's going on, Team NASDAQ:MARA? It's Friday, and I want to cover 2 ideas: Year-to-date and Monthly close. You now know I talk many times about Newton's First Law of Motion, so please review NASDAQ:HOOD year-to-date performance versus Marathon Digital Holdings; where should you allocate capital? Now, regarding positive patterns, I want to see the monthly bar closing above 8.54$ per share. That's opening, and if that happens I expect a strong May for all of us to see 19.90$ which is my upside target. Can it move lower? Yes, it can! So, if I do not see April close above that 8.54$ value I will have to adjust my game plan. Avoid Margins and Avoid asking for money to buy stocks. If you do that, you will be highly profitable in your trading business. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 4️⃣4️⃣| Why MARA?What's going on, Team NASDAQ:MARA? Today I explain Why MARA? I think this is a very inclusive opportunity to anyone looking to have exposure to the underlying asset; Bitcoin. Year-to-date this asset has lots of strength and that's where I want to be and that's where you want to be too. When you have difficult years in the stock market, look to buy stocks going up because they have the advantage. Avoid Margins and Avoid asking for money to buy stocks. If you do that, you will be highly profitable in your trading business. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 4️⃣3️⃣| Parabolic Moves = NO BuenoWhat's going on, Team NASDAQ:MARA? Today I share with you why we like to see 2 weeks where the stock price goes sideways or less of a push higher. Ideally, we want to ensure Marathon Digital Holdings do not move up another 50% in a week because when assets go Parabolic, the result is a full -90% correction, which is NO Bueno for anyone of us. Avoid Margins and Avoid asking for money to buy stocks. If you do that, you will be highly profitable in your trading business. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 4️⃣2️⃣| 223% Year-to-date...What's going on, Team NASDAQ:MARA ? This is your Open Market update; let's see what is my favorite crypto-miner doing... Avoid Margins and Avoid asking for money to buy stocks. If you do that, you will be highly profitable in your trading business. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 4️⃣1️⃣| In Pullbacks We Shall TrustWhat's going on, Team NASDAQ:MARA ? If we want this asset to keep roaring higher, we all must welcome pullbacks. Professionals buy red and sell green. On the other hand, retailers have a terrible tendency to buy green and sell as soon as they see red. NO bueno... Avoid Margins and Avoid asking for money to buy stocks. If you do that, you will be highly profitable in your trading business. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 4️⃣0️⃣| Daily 200EMA Analysis What's going on Team NASDAQ:MARA Happy Saturday I would like to share with you how the price behaves when it breaks to the upside of the daily 200EMA (Exponential Moving Average) Also, do not forget that year to date NASDAQ:MARA is up 234.36% What does that mean for you as a Trader or Investor? It means a -25% or 45% pullback does not change the uptrend. It does allow you to reload or if you are reading this in Singapore, Japan, Bolivia, Israel, or anywhere, you have another opportunity to participate in this idea. Avoid Margins and Avoid asking for money to buy stocks. If you do that, you will be highly profitable in your trading business. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 3️⃣9️⃣| Weekly Chart StatisticsIt's Friday, and you know it...! What's going on Team NASDAQ:MARA In today's video, I review deFran (indicator) buy signals over the last 3 years to get the scoop and the risk levels played over those months. Remember the wise words of Doctor Jim Simmons from Renaissance Technology (hedge fund): "All you gotta do is to make 1.50$ per every dollar you risk. And make sure to keep a 51% Win Ratio." If you do that, you will be highly profitable in your trading business. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 3️⃣8️⃣| The 11$ Breakout Yes, today is the day...! What's going on Team NASDAQ:MARA The inevitable is happening. Marathon Digital Holding is breaking to the upside; what a day! If you need to take profits, lock in some and reduce the risk. This is a speculative position; you cannot forget that past performance does not indicate future performance. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
[Watch] MARA versus Bitcoin 3️⃣7️⃣| Hawkeye Traders HeatmapWhat's going on, Team NASDAQ:MARA ? This is J.R., directly from Zagreb in Croatia, and today I have a new indicator to share with you; Hawkeye Traders Heatmap. Please never forget the massive Demand level at 5.00$/5.14$ per share. And to the upside, I have some vital targets from the weekly chart. Go ahead and leave your comments and other ideas you might have about potential Sympathy Plays so we can all learn from each other. Remember to smile and enjoy your day. Still, don't forget it can always revisit the massive demand value area at 5.30$/5.05$ Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any future performance. 2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything. 3️⃣I can and will have a position in MARA anytime because I like the stock and company. 4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
NASDAQ:MARALong
by josericaurte.jaen
MARA two paths for MARA bullish in a mid-term MARA weekly is currently in a falling wedge pattern on the weekly chart, which is a bullish pattern when broken. Although MARA could easily break out of the pattern next week, as Bitcoin and the overall market are expected to continue lower, it will be difficult for MARA to move in the opposite direction. The report at the end of the month may provide some direction, but any move will likely be short-lived as MARA tends to follow Bitcoin. Volume is confirming the current price action and is bullish. However, the price is below all major weekly moving averages, which is bearish. The RSI is neutral, indicating no clear direction. The MACD is more bullish than bearish. Overall: MARA is currently in a bullish falling wedge pattern on the weekly chart. A breakout from this pattern could potentially launch the price towards at least the level of BigRed, which is around $14. However, considering the bearish predictions for Bitcoin and SPY, it may not be the best time to be overly positive about MARA breaking this pattern right away. In the mid-term, there is a high possibility of a new bull market for MARA, but it may not be the case at the moment. If MARA does break out of the falling wedge pattern, it could be an explosive move with high volume and the price could be difficult to stop before reaching the BigRed level on the weekly chart. It is more likely that MARA will make a new low on the weekly chart, find support on the lower trend line from the falling wedge, and potentially form strong bullish divergences. This would set the stage for the price to move higher at a later time.
NASDAQ:MARA
by Consistent_Trades
6