MARA trade ideas
MARA, where it will go?Like many of you I am concerned about MARA. Either is over valued or it is currently under valued.
Now I am using an older chart to elucidate that it can drop to 8/9 or up to 14 during next BIT up wave.
But do look at the volume, a HUGE sell and no buy right now. Thanks to dilution, I think it is pure crap!
Folks remember we were all excited that bitcoin was ATH 35K, but BTBT goes to the moon and MARA / RIOT is in RED. This is a pretty significant alert. luckly I have also EBON that gave me some profit...
At this stage, correct me but I see niether MARA nor RIOT is going to 20.
PS: this is a short term analysis only.
MARAI'm not thoroughly convinced MARA is done moving, just a lot of consolidation. The 0.5 Fibonacci Channel is holding so hoping to see a push and break of 11.36 and then I'm projecting this to go to 16.97.
if bitcoin goes up this will go idk i just kinda like something like MARA more than BTBT or GBTC idk why no good reason just intuition. it's smaller than RIOT which is why this is my bitcoin play. good luck happy trading
Bullish on $Mara With the recent parabolic rise of Bitcoin, companies such as MARA and RIOT may benefit.
Buy Zone. Entry PointLook for another big week here from $MARA after the cold shower it took last week.
Good Entry Here In This Buy ZoneTracking this stock and holding into the new year. This is a great spot to get back in or even take some gains, but we should see a little more growth here.
$MARAMarathon Patent Group Inc (NASDAQ:MARA) has held nicely above its $10.40 support line on a close basis over the last two weeks. The continued relative strength of Bitcoin could accelerate the bounce move on MARA next week.
MARA is ready , We have a reversalReady for a bull run... Support above 10.65...11...Target 14
Tight stops bitcoin play.
MARA SHORTS SQUEEZEDWhy it pumped: they bought a load of crypto miners.
Take a look at historical price, it's not a good investment.
That said, mining revenue is trending up. They may be right for some time.
Looking to enter a put around $6, have yet to decide on expiry.
MARA, be ready at ?Frankly speaking I don't know where MARA or RIOT are going, and / but Mara has surpassed RIOT in price already, which is an exceptional event/ indication.
I am using my previous chart, it shows MARA not only has attained all targets we can rightly assume that it will be at 12.50, from 5, just in 3 days.
However, we can observe it is over brought. Hence, I expect a cool off, as Bitcoin is cooling off right now. Maybe back to 10 support line.
I am very tempted to sell 30%, but if we expect bitcoin to reach 30K, then would it be wise to take the risk of to sell at 12 and hopefully to buy back at 10?
Monthly MARA chart - lets say we revisit 20 and 35Revisit of 20 and 35 would be good enough to partially retire
