MARAMARA having a textbook bull flag. A breakout will take it to 68 range. It also has hidden positive divergence on the RSI. Bitcoin has always had a great November so we could with high probability say that we might see a breakout to the upside.
MARA trade ideas
$MARA Long Idea
MARA is a crypto space company who moves relatively with Bitcoin (BTC miner).
Given the recent resilience of Bitcoin, MARA has broken out of a rounded bottom on the daily and is currently in wound up daily pattern.
RSI also looks to be bull flagging and MACD still in bullish context.
Targets are 58, 60, 65. Stop Loss under 47.
Daniel Betancourt
OptionsSwing Analyst
Shooting stars ….You know what that means . Sorry bulls you had your chance…. Hope you took profits on this amazing double top. Btc will die this weekend .
Short term down trend for $MARAAs $BTC got ATH and consolidating, this is my short term idea for $MARA. I'm Bullish for MARA for long term.
MARA just double top its ATH and now it is consolidating with BTC. $MARA has gained too much in a short period, and now it's time for pull back.
Stoch RSI has started its trend down and RSI is overbought starts to down trend.
My Short/Put option target is Fibonacci retracement level is .5 which is also middle line of Bollinger Bandwidth.
let me know what you think about $MARA and discussing is welcome.
Bitcoin Miners correlation to BTC during potential Blow Off TopSpeculative projection about Bitcoin miners during a blow off top phase of Bitcoin during December 2021.
MARA updated analysis MARA setting up for its next all time high breakout and rally to 80. holding my shares full size but calls can always pay out as well. I noticed MARA does follow bitcoin move for move unlike other cheaper bitcoin plays like "SOS,FTFT" for example. If bitcoin breaks out this week MARA should follow.
A reasonable path for MARA to get too 100On the back of the crypto run I think the miner stocks have some good plays as well, especially those with options.
Marathon Digital Holding - MARA - Stock with a Crypto Flare!Marathon Digital Holding - MARA - Stock with a Crypto Flare! Many times this stock, MARA, follows the price movement of major cryptocurrencies such as Bitcoin(BTC). From a Technical Perspective MARA has bounced off the fibonacci golden zone and may project to the 27.2 or 61.8 projections. Edutainment Purposes Only!
$MARA Marathon Digital Trade setup
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MARA looking like Angelina Jolie from 200720% gap between BTCUSD nav performance and MARA. I believe that gap will close.
So she's looking fine as hell, a beaut.
Partnership with Beowolf should yield a 38% decline in electricity/power costs.
I believe MARA is going to be the winner out of the pack of bitcoin miners because they have been reinvesting in efficiency and growth heavily.
Their sales per employee are nearly double that of RIOT showing that they can do more with less, and if you can stomach no P/E for a decent period of time, their major investments in growth will pay off in the long run versus appearing profitable in the short-term.
Buy MARA 15/9/2021Stock above EXMA 200 and still in uptrend Stock is making higher low and tests the EXMA 13 and EXMA 34 So you can buy target 52.09 stop loss 30.08 Good luck
$MARA 6 Months Base Setting UpLarge 6 Months base on $MARA
Put a little cheat area around its 50 MA back in early august on broke out
Tested $30 level twice w/ buyers stepping back in
Another shelf around $37 last month & moved out on Wed & holding for 3 tight days
Very constructive action. I like it
Marathon Head and shoulders reinterpretedThe Head and shoulders i thought was denied could actually still be forming, this means that MARA isn't out of harms way. However i also see a big wedge forming with potential of sending the price upto test earlier high resistances. With bitcoin being over 50k. i can't see why MARA should drop back down to around 20, however i will be keeping an eye out for the bottom of the wedge as potential alert for me to sell the stock for now.
Follow up post as part of my response to @mbelasy
MARA to $260MARA is showing a lot of promise.
There is a striking resemblance to a previous pullback that made big moves up and I expect a similar (maybe not as high) pump up within the next couple of months.
The resemblance is uncanny and it looks like it has been taking twice as long as before. This puts a peak for MARA at around $260 come late December early February 2022.
I am in with more investment than I probably should but I catch big moves like this once in a blue moon so why not?
Stop loss is below $30
MARA Balance LevelsNASDAQ:MARA
Buy order flow comes in and hit 38.55.
Lets see more acceptance at 38.55.
For those already long, trim at 42.80 or 47.43.
BTBT small little pennant flag and back off it goes Hit me up if you want any robo traders to find these setup automatically for you!! codestlouis.com
Mara double bottom nice double bottom pattern on $MARA, watch for a confirmation of breakout before entry here. should follow bitcoin if it continues to rally. good luck!
Floor for $MARARecent news of banning bitcoin has seemed to tank the price, but this time for $MARA we have reached the low at $32 give or take. I see if we hold this position $MARA can shoot up. However, we do need to see much-needed resistance at this range. Time will tell, good news today with Powell stating that he does not intend to ban bitcoin which people including myself have been worried about for a while. I don't see the infrastructure bill if it passes to have any impact on bitcoin either. A government shutdown however could see a large price spike in $MARA and bitcoin. For now I am neutral, but I could see a spike in price if we can hold resistance.
