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 trade ideas
$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
$MARA ascending triangle on the daily. Bitcoin went parabolic this weekend hitting all time highs! 58k! This is extremely bullish due to the fact marathon patent group is heavily invested in bitcoin. look for new all time highs!
MARA, be ready at 55, but Max said, the system will collapseSo folks, I am using a 3 months old chart to make it simple:
Nothing is impossible right now.
When MARA and Riot were in their 3 USD, I said it is quasi "impossible" for them to get to 10, although the chart shows it might get to as high as 55, why? because the momentum 4/5 months ago was so weak, bitcoin was under 15K USd, people were scared, we don't even know if bitcoin could get to 20K without a huge crash right after...
Next target for bitcoin would be over 50k, possibly 54K. We have the CROWD phenomenon here, thus MARA and RIOT WILL, in theory, if nothing wrong happens, be over 50 USd.
HOWEVER: remember this is a parabolic movement, thus, it could drop, and drop hard, and I mean over 10 USD drop, not 3 bucks drop. So be very vigilant, if you have a weak position, and be WILLING to take some of your profit off the table.
PS; i am almost 1000% on MARA, but I have sold step by step 70% already.
Final: This market is unhealthy, like Carl Max said, the market will destroy itself because of the human greediness.
May God forgive human Sins
It's not a MARAthon it's a sprint!When you start putting Bitcoin on your balance sheet, you get the LOG chart.
Especially during QE infinity and beyond.
Eventually everyone capitulates.
You + BTC = Winning
MARA: Bullish PennantBullish pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 5
250RSI above 50
200MA ascending
If confirmed:
PT = 61,98$
MARA - EW analysis - Uptrend continue MARA - It is in strong uptrend and stock moving higher as it is closely related to Bitcoin movement. It is within the 5th of 3rd wave impulse up and subdividing the move. Bullish scenario for the stock indicates every three wave sideways correction is a good opportunity specially as far as Bitcoin is in up trend.
Give thumbs up if you really like the trade idea/analysis.
MARATime to sell is approaching.
If BTC keeps rising like it has been, that resistance might flip support though.
Just keep close attention the next few days.
Big Gains Today. We seem to be ahead of Schedule though.Love the gains here and it is much deserved for the investors that have stuck around since below $1. We will have to see where this takes us as we are nearing a space where we start to lose past supports and enter a pretty volatile price point for this stock. For a while now the options prices on this stock have been exuberantly priced. This current push upward seems mostly fueled by small investments rather than whales as Elon's Tesla Bitcoin had actually been purchased last month. I Will continue to monitor the price but exiting into the DOGE wagon right now doesn't seem too far-fetched for me.
I am interested in what everyone else thinks too? I think this could be a good play in the overall uptrend we are in, however, it will inflate the price off of our current growth path for the time being.
MARA - A Trade dreams are made of... PatentedLearn how to spot these and you will never work a day in your life ;)
MACD divergence shown with bold yellow followed by the cross yellow vertical line right off of a double bottom. If I saw this I would have put my life savings into it... Cheers yall!
Comment and let me know what you think about these ideas!
MARA bullishLooks legit to me.
Retracement from (3) to (4) was about 70%, still acceptable since it did not reach the first peak.
Ichimoku cloud just intersected, green and above cloud, sunny
Based on Fibonacci retracement, first profit taking is at $36.10
HOT STOCK TO BUY for SWING TRADINGMPP TRADE IDEAS!!!
EVERYDAY A HOT STOCK TO BUY.
HOT STOCK ALERT ON TICKER:
MARA - MARATHON PATENT GROUP
PLAN:
BUY AND HOLD - MARA
======================
ENTRY @ 30
TAKE PROFIT @38
STOPLOSS @23
MPP - ALERTS FOR PROFIT AFTER PROFIT
