MARA - head and sholders formingsecond shoulder forming and potential target to close the gap at 20.80Shortby RadubirisUpdated 4
MARA: Warning - Triple Support Area Ahead! (D&W charts)MARA shows a critical setup on its daily chart, highlighting a notable triple support area made by the 22.82 level, the 21-day EMA, and a gap support at 20.92, creating a robust support zone. Recently, the price bounced strongly from this area, leading to a significant upward move, demonstrating the support's strength and market confidence in this level. On the weekly chart, the broader perspective emphasizes the pivotal point around the same support level, coupled with a trend line that has been guiding the uptrend since November 2023. This trend line has consistently acted as a dynamic support, reflecting the underlying bullish sentiment in the market. The recent price action shows a substantial rally, breaking above the pivot point and suggesting potential for further upside. The confluence of the triple support area on the daily chart and the established trend line on the weekly chart underscores the critical importance of the 22.82 – 20.92 level. As long as the price remains above this support area, the bullish outlook remains intact, providing a solid foundation for potential further gains. However, a mid-term pullback could happen, and the price could retest our support area in the next few days, especially if the indices continue to lose momentum. The recent price action, observed in the past few days suggest a top signal on the daily chart, so we need to be careful for now. In theory, its next resistance is at $34.09, and as long it doesn’t reverse the long-term trend by respecting our support levels, this bullish thesis will remain intact. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.by Nathan_The_Finance_HydraUpdated 1121
$MARA - Failed pivot NASDAQ:MARA failed to pivot. It sliced through the support like butter. Flag invalidated. #Bitcoin could see price pressure from Mt. Gox bitcoin distribution to creditors. Just watching for now. I might pick up a trade if we get $19 and below.👀by PaperBozz3
MARA - Deploy The Lifeboats 😱🙀❗❗Before posting this I did check through the first page of most recent and most popular threads on MARA and it was very interesting to see that every one of them is "LONG" MARA. So this is a contrarian thread. And why is that? Well aside from the skill it takes to make a correct bearish call mid bull market; MARA is a fanboy hype stock. Most of the posts are based in "technicals" funded by hope . Hope is not a trading strategy. Its very interesting because the no.1 Bitcoin miner has looked ugly for quite a while and there have been multi-time frame bearish divergences. These days TradingView is even kind enough to highlight some of those divergences, but yet apparently no publishers have noticed them. Yet again they are all too busy looking at the stars ✨. The blind leading the blind. Bitcoin slumped today and altcoins took quite a hit. But MARA was already rolling down the hill for some time and continued today. So the question; if MARA is plunging while Bitcoin is still yet to reach a conclusive top... Where will it be if/when Bitcoin does turn bearish ❔ Where will it be at the end of a Bitcoin correction ❓ Probably not all the way up here. I called this as a weak 1:0.786 three wave correction when MARA was up @$21 back on March 24th. And so we'll see what how Bitcoin fairs over the weekend. But I have deep targets for MARA. Not advice.Shortby dRends35Updated 137137224
MARA: breakout and backtestMARA: breakout and backtest -Demand zone support. -Key level support. -Breaking out and backtest. -Fibo golden zone ratio. . US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!Longby phanvinhhai4
LONGING $MARAWhy I am bullish on NASDAQ:MARA - About to break out of a symmetrical triangle pattern - Recent bullish VWAP Divergence - A lot more buying pressure vs selling on Time Relative Volume Oscillator - Recently bounced off of a weekly Fair Value Gap My personal trade: Stop Loss / Take Profits: - Entry: $20.72 - Take Profit: $34.26 - Stop Loss: $10.99Longby fluxchartUpdated 22167
Marathon Digital: Strong!We expect the MARA price to continue to rally during the blue wave (x). Only when the high is placed a little closer to the resistance at $31.30 should there be a sell-off into our magenta Target Zone (between $16.35 and $9.86), which completes the same-colored wave (ii) correction. Within this range, investors can open long positions, whereby stops could be placed around 1% below the lower edge. Once the low is set, the price should rise above the resistance at $31.30. Only our 33% probable alternative scenario calls for a more bearish development: it still places the stock in the green wave alt. (2)by MarketIntel3314
Marathon (MARA) - Breakout and Upward MomentumMarathon Digital Holdings has been trading sideways for an extended period after our last analysis. The stock formed an equal high, dipped again, but consistently held around the High Volume Node Edge Point at approximately $20. Following the latest retest of the $20 level, MARA has broken out upwards, leaving a breakout gap behind. Today's 19% increase indicates strong upward momentum. Key observations include the breakout gap, which may be retested. This retest could provide a good entry point if the price holds above the gap. The $20 level has proven to be a strong support area, consistently holding the price during the sideways movement. The recent strong movement and potential bottom formation at $14.23 indicate a possible end to the downward trend. A push above the $25 level would provide stronger confirmation of the bullish trend and indicate a clear breakout from the previous range.Longby freeguy_by_wmc6
MARA - Tri forming time to get in Mara - triangle has formed it will explode upwards. not advice just education purposes Longby William_Playfair4
Accumalation On MARA WeeklyWe have our stop loss set at the local low at 14.10$ giving us 4.5 to 1 on our trade , targeting an old 2016 top at 49.67$. This is probably too messy to be called 3 rising valleys since the 2 first valleys arent too symmetrical but still looks like a promising trade if monitored correctly.Longby riskit1014
$MARA - Watch $23 area for a breakout confirmationNASDAQ:MARA Friday's candle looks good with decent volume. We will see if it can it break out above $23 before ER. Watch $23 area for a breakout confirmation. 👀🚀Longby PaperBozz2
$MARA - Play the range until it breaks outNASDAQ:MARA is squeezed between the two VWAPs and building a strong volume profile base or demand zone around the $19 to $18 area. The overhead supply zone is $21 to $22 until it breaks out of the sideways trading range. Play the trading range until it breaks out. by PaperBozz6
Mastering Market Trends: An Introduction to Heikin Ashi CandlesHeikin Ashi candles, originating from Japan, are a distinct type of candlestick chart used in technical analysis to identify market trends. The term "Heikin Ashi" translates to "average bar" in Japanese, which reflects their method of calculation This video explains Heikin Ashi candles and how they can be used to improve entrances and exits.Education12:25by hermes_trisme1
MARA LONG. High probability to go UP.High probability to go UP. - higher volume, - higher lows, - higher earnings each quarter, If we leave bottom volume zone, there will be no resistance.Longby Oleum796
Can Mara Finally Break & Hold Above 20?Although mara is in a daily downtrend it has a lot of chatter on social media. Then looking on the options chain for the 7/5 expiry and gamma levels we can see that 20 and 21 call were hit pretty hard. On the 15minute bullish structure is forming so if It opens Monday under 20, preferably 19.5 I will look to enter long. by QuantumEdgeAnalytics2
My dearest MaraOh hello there. Look at you. All snug like a bug in a rug. I think, maybe, possibly, I may have to see, but let's hope. Yeah. That's right. Uh huh. Longby nineteen80something7
$MARA - Buy around $18 and below and sell around $21?NASDAQ:MARA dipped below VWAP and 50 DMA today. It is a bit worrisome. Buy around $18 and below and sell around $21?Longby PaperBozz114
$MARA - Which way?NASDAQ:MARA getting squeezed between the two vwaps. 👀 Which way will it resolve? by PaperBozz224
$MARA Reclaims Support On Ascending TriangleMARA has reclaimed support on the lower bound of the ascending triangle pattern that has been developing since mid April. MARA gapped down 5% at open most likely due to a sell off caused by an almost equal 4.5% dip in BTC overnight. A swift reclamation of the lower bound accompanied with high volume suggest that the pattern is still in play. The top and bottom bounds of the triangle are also narrowing, which is exactly what we want to see in regards to an upwards breakout. If volume stays heavy tomorrow we could definitely see a test of that upward bound with a breakout likely if it does.by jdogprimeUpdated 3
MARA Potential Bounce Off Bullish Ascending Triangle MARA has tested the lower bounds of the ascending triangle before, so a bounce next week has potential. If one occurs a test of the upward bound of the triangle is likely, with a breakout also in speculation as the upward bound has been tested many times already. But, if a bounce occurs and then immediately retraces and breaks through the lower bound, I think MARA will continue on the downtrend. by jdogprimeUpdated 118
You better hold you lil bi*chhaha I think this holds. If it doesn't that means CRYPTOCAP:BTC is going to low 50s and we are headed for recession and doom. Wednesday's meeting is make or break. Make the market gods be with usLongby Nevrose2Updated 110
Market update- Mara & BTC focused.Not typing anything. Watch the video. Not sure why I need to have a certain amount of text for a video idea. But oh well. Filler text: gerhkfgrhkfewhjklfew bhnkgwerbhnkgrwhjkng njgrwknjlgwre 20:00by TrendLINEBoys1