MARA Long After perfectly executing the last MARA trade, we are back for another one.
Backtest of support and 200MA after breaking out of the bullish dragon.
Resolution of bullish divergence on the oscillators.
MARA trade ideas
$MARA HOLDINGS: BIG REVENUE GAINS, BIGGER AMBITIONS MARA HOLDINGS: BIG REVENUE GAINS, BIGGER AMBITIONS ⚒️🚀
1/8
MARA Holdings NASDAQ:MARA reported 2023 revenues skyrocketing 229% to $388M, driven by a 210% jump in Bitcoin production to 12,852 $BTC. Talk about mining magic! 🪙✨
2/8
But Q3 2024 was rocky, with a -$124.8M earnings figure—down 37.5% QoQ—reflecting Bitcoin price swings & operational costs. Even crypto darlings aren’t immune to market volatility. ⚖️
3/8
Net income in 2023 hit $261.2M (or $1.06 per share). Yet the latest quarter’s net loss shows how quickly Bitcoin’s ups and downs can rattle these miners. 💹
4/8
MARA aims to push hash rate to 35-37 EH/s by 2024 and 50 EH/s by 2025—a massive capacity boost. Plus, issuing $850M in zero-coupon convertible notes to fund Bitcoin acquisition and debt refinancing. Big moves ahead! 🚀
5/8
At a P/E of 38.5x, MARA’s below the software industry average (41.3x). Some say that’s undervalued given the 9.4% YTD stock gain. But keep in mind the volatile crypto sector, where Riot Platforms (RIOT) and Bitfarms (BITF) also see big swings. 📈
6/8 Risk Radar:
Market Volatility—MARA’s fate is tethered to Bitcoin’s price. 🪂
Regulations—Any crypto clampdown could spike costs. 🏛️
Operational Risks—Energy expenses, mining efficiency, hardware competition. 🔋
Debt Load—$850M in notes can sting in a down market. 🤕
7/8 Biggest MARA risk?
A) Bitcoin Volatility 🪙
B) Regulatory Hurdles ⚖️
C) Debt Burden 💰
D) Competition ⚒️
Tell us below! ⏳
Applying Time zones to theoriesApplying time zones and looking at it from a strictly time zone approach, you'll see how cyclically it may have paid out to just buy and sell around either extreme of each cycle. This is how I begin my charting process, and I think its is just a great visualization of Hurst cycles and Fib time cycles.
Carry on!
MARA - Is it finally time for a BIG MOVE?!NASDAQ:MARA
The biggest lesson I've learned about Crypto sympathy plays is that CRYPTOCAP:BTC & others will run a lot and they will run a little.
As you see we could get a Volume GAP fill up to $25 if crypto continues higher.
Not financial advice
Bullish Analysis for MARA Holdings, Inc. (MARA) 🔥 1. Strong Crypto Correlation
Bitcoin Surge: Bitcoin is trading near $105,000, directly boosting MARA’s profitability as a leading Bitcoin mining company.
Trump’s Pro-Crypto Policies: With Trump re-entering office next week, expectations for pro-crypto regulations are fueling optimism in the crypto sector.
💰 2. Operational Expansion
Data Center Growth: MARA’s acquisition of two data centers in Ohio has increased operational capacity by 70%, positioning the company for long-term growth.
Natural Gas Power Project: MARA’s pilot project for power generation reduces costs and adds sustainability, a competitive edge in mining operations.
⚡️ 3. Growth Potential
Bitcoin Reserves: MARA holds 40,435 BTC, valued at $4.2 billion, providing significant asset backing.
Market Position: MARA is diversifying into AI and high-performance computing, expanding its revenue streams beyond Bitcoin mining.
📈 4. Technical and Price Action
Support: The price is firmly respecting the long-term uptrend support, and the recent bounce off this level confirms the start of a new bullish wave.
Momentum: RSI and Stochastic Oscillator show increasing bullish momentum, signaling further upside potential.
🔹 Price Targets:
🎯 $23 (+15.0%)
🎯 $27 (+35.0%)
🎯 $30 (+50.0%)
₿ 5. Crypto Sector Leadership
MARA remains one of the most influential Bitcoin mining companies, perfectly positioned to benefit from the ongoing crypto market rally and favorable macroeconomic policies.
💡 Conclusion
With Bitcoin’s rise, Trump’s supportive policies, operational expansion, and bullish technical indicators, MARA offers a compelling opportunity for strong returns. 🌟
MARA good long setupNOTE: This is a LOG chart, so it may look different if you're just viewing standard charts. We tested the 61.8 pullback twice. Targets are above and would bring us close to ATH. expect some sideways consolidation and then breakout.
Huge long on MaraI just entered this trade pre-market, Bitcoin is too bullish, we had the capitulation, now I am looking to make a 30-50% trade on Mara. Note a bottomed stochastic RSI and a heating up BBWP. The time is now.
Risk to reward here is 4.28, these are the trades we take
My plan:
I bought shares pre-market, a little over 10k worth
PT 1=24$
PT2=30$
It's time for MARA and other RISK on assets. I think we are in the local bottom. there. i said it. Mara and other crypto related assets just had their 30-40% correction. It's time. this is it - or we're heading into the bear market. and i dont think it's the latter.
Here is my hot take. It's time to start stacking up on MARA
Short-Term View:
MARA appears to be forming a double bottom around the $16.00-$17.00 demand zone, which aligns with historical support levels and prior areas of accumulation. The stochastic oscillator suggests oversold conditions with potential bullish momentum. A break above the $20.00-$21.00 resistance would confirm a reversal pattern, with a short-term target of $24.00, a level of prior structural resistance.
Long-Term View:
The macroeconomic outlook in January 2025 favours risk-on assets as crypto seasonality typically strengthens post-holiday liquidity inflows. MARA, being highly correlated with Bitcoin mining and blockchain equities, could benefit from an expected uptick in crypto sentiment. A sustained break above $24.00 may push the stock towards the $28.00-$30.00 region, an area marked by a strong supply zone and previous rejection.
Macro Context:
While crypto-related equities may experience seasonal tailwinds, monitor broader market risk factors, including regulatory news and Bitcoin price movements. Downside risks remain significant if MARA fails to hold the $16.00-$17.00 demand zone, with potential retracement toward $14.00 in a bearish scenario. (again, i assign low probability to this scenario, given the cycle and economic condition/path to rate cuts)
Trade Plan:
• Entry: $18.00-$19.00 on bullish confirmation.
• Short-Term Target: $24.00.
• Long-Term Target: $28.00-$30.00. (if you want to trade over longer time horizon)
• Stop Loss: Below $16.00 to manage risk. (relatively low downside risk in my view)
Trade responsibly and align your positions with market volatility.
That's all folks.
Im off to get some NYSE:VOTE in UnitedDogedom
MARA - Ideal Dip Is HERE!MARA
Has been slumping for quite a while, and now a Wyckoff slightly lower low just printed with bullish divergence coming in.
Its also nicely within the retracement Golden Window; the most likely ratio area for a bullish pivot.
So this is now an ideal position to buy!
A conservative approach would be to wait to see if Bitcoin prints a retracement Golden Window slump.
But chart on its own merit; it looks a great long opportunity right here 👍.
Not advice
MARA liquidity 13JanA look at todays relative liquidity in MARA using our new Time Layered Liquidity Sentiment Indicator. Today is pretty close to all go as the liquididty is tightening
Mara short termContinue seeing BTC performing well so this well then I see this breaking out of the head and shoulders pattern to an expedited run up through that short term line of resistance.
$MARA / 4H ChartNASDAQ:MARA
The DEEP correction in a zigzag as Minor degree wave 2 was completed at 16.64.
Now trend is well turning UP! So an impulsive the same degree wave 3 should have started at 16.64 to rising up.
#CryptoStocks #BitcoinMining #MARA #BTC #CryptoCurrency
#ElliottWave #WaveAnalysis #ChartPattern #TrendAnalysis #ElliottChart
MARA Study Assignment for JasonI believe we are in the beginning of a wave red 3. I tried to chart most of the subwaves as well. I took the fib extensions of 1.618 for wave 3 and 1.0 of wave 1 for wave 5. I am not sure if this is impulsive or a leading diagonal.
MARA - beginning of something bigger ?Let's see if NASDAQ:MARA is bouncing temporarily or if this is the beginning of something bigger. In recent sessions, some stops were triggered, and the price touched the Fibonacci Extension at 61.8%.
MARA Breakout with Upside PotentialMARA currently breaking out of bearish channel looking for upside potential to continue if we break $20 zone. Personally not trading it but will be watching $26 Calls EXP 1/24. Expecting a bounce off of 21.20 area with a slight pullback before the leg to $26.
MARA Moving Averages Cross Gann Box NASDAQ:MARA
This chart uses the Gann Box method of accuracy. I can see why some people I follow like to use the Gann Box. I included the moving averages.
50 day moving average is the black line.
100 day moving average is the purple line.
200 day moving average is the blue line.
Blue cross indicating the 50 day moving average is crossing the 200 day moving average.
Purple cross indicating the 50 day moving average is crossing the 100 day moving average.
Looking at the 50 day moving average you can see it is ready to make the upward move to cross the 200 day moving average which is very bullish.
Comment what you think about the chart.
Comment any tips or suggestions.
NASDAQ:MARA COINBASE:BTCUSD
$MARA / 30 min ChartNASDAQ:MARA
The wave structure of Minute degree wave ((c)) on the 30m time frame.
#BitcoinMining #Mara #Bitcoin #CryptoCurrency
#ElliottWave #WaveAnalysis #ChartPattern #TrendAnalysis #ElliottChart
$MARA / 1H ChartNASDAQ:MARA in hourly time frames,
((a))-((b))-((c)) zigzag correction as Minor degree wave 2 is almost done!
A final decline of the fifth wave of Minute degree wave ((c)) should have started towards the fibonacci target at 15.74.
#BitcoinMining #Mara #Bitcoin #CryptoCurrency
#ElliottWave #WaveAnalysis #ChartPattern #TrendAnalysis #ElliottChart
MARA buy on 2,3, and 4h time framesThe chart provided shows MARA Holdings on the 4-hour time frame, utilising a combination of indicators and tools such as the Bollinger Bands, Hull Moving Average, and stochastic oscillators, as well as buy and sell signals. Here is the technical analysis:
Trend Analysis
The stock price appears to have experienced significant volatility within the highlighted range. MARA is currently trading at $20.15, showing a 4.68% upward movement in the most recent session. The price has bounced from a support zone near $18, indicating potential buying interest at that level. However, the chart shows frequent changes between buy and sell signals, reflecting a choppy or range-bound market rather than a clear directional trend. The upper resistance level seems to be around $24–$26, where previous sell signals clustered.
The Hull Moving Average (HMA) lines and Bollinger Bands reveal narrowing price action recently, which may signal a period of consolidation. This can often precede a breakout. Traders should monitor the direction of any break from this range for future momentum trades.
Indicators
The stochastic oscillator below the main chart is entering oversold territory, as indicated by the crossing lines near the lower range. This suggests a potential bullish reversal in the near term if the stock maintains its support level. Additionally, the buy signals have started clustering as the price approaches the lower Bollinger Band, which often acts as dynamic support.
The sell signals at higher levels around $22–$24 suggest these are strong resistance areas, as the stock repeatedly failed to break through them. However, the recent upward movement and increasing buying pressure could indicate building bullish momentum if the price successfully breaks above the $22 level.
Recommendations
• For Bullish Traders: Consider entering a long position near the $18–$20 support range, with a target price of $22 (initial resistance) and $24 (secondary resistance). Ensure to place a stop-loss slightly below the $18 level to manage downside risks.
• For Bearish Traders: If the stock fails to break $22 and shows signs of reversal, consider a short trade targeting the $20–$18 zone, where the previous support lies. Watch for weakening stochastic and declining volume for confirmation.
As MARA has a volatile trading history, ensure to manage risk effectively and adapt positions based on breakout or breakdown patterns in this consolidative range.
My take
Considering the favourable longer trend (1D) this is a good trade on across multiple time frames which makes me more confident that this is a good bullish directional trade
$MARA / 4H ChartNASDAQ:MARA in hourly time frames,
Decline in Minute degree wave ((c)) of the correction in Minor degree wave 2
is almost done!
The final targets would be around 18.84 & 18.10
$MARA / 4H CHARTNASDAQ:MARA in hourly time frames,
On the correction of Minor degree wave 2 a final decline in fifth wave of impulsive wave ((c)) is expected. The fib target would be around 18.10 as marked on the chart.
#BitcoinMining #Mara #Bitcoin #CryptoCurrency
#ElliottWave #WaveAnalysis #ChartPattern #TrendAnalysis #ElliottChart
$MARA / 4H ChartNASDAQ:MARA in hourly time frames,
It's expected to decline in Minute degree wave ((c)) towards the next fibonacci level as marked on this chart. The next fibonacci target : 18.10
#BitcoinMining #Mara #Bitcoin #CryptoCurrency
#ElliottWave #WaveAnalysis #ChartPattern #TrendAnalysis #ElliottChart
$MARA / 4H Time FrameThe final decline in fifth wave of the ending diagonal wave ((c)) is ongoing now as expected.
The first fibonacci target is around 20.
