#MARA - #Marathon on the neckline!As highlighted a few weeks ago
The #Blockchain equities are giving us a major tip of the hat to where #BTC and #Eth could be heading
#MSTR
#COIN
Galaxy digital
#Riot
MARA trade ideas
MARA up min 10% next daysAfter mentioning in the previous idea that MARA will reach a resistance line, the down the the fib support line. Next days MARA will reverse the movement of minimum 10% as the fib support line is proven to be strong with MARA before.
MARAthon better keep its legsplenty of upside on this one still, just needs to let of some steem, it was pumped incredibly and needs to cool off here, looking to accumulate a bit lower than where we are.
MARA can have a solid week following this Bitcoin strength As long as Bitcoin is able to maintain majority of this momentum.. I see MARA showing a similar trend.. Next big supply zone is around $30-$32.. Some FOMO and I expect to see longs stepping in, possibly preventing the test of demand zone near $26-$27.. either way,, once we get over the $32 supply zone,, next target is $40.
Good Luck !
NASDAQ:MARA
$MARANASDAQ:MARA
3D Chart looks primed for a retest of the $32.00 supply zone above the 34EMA.. Which as we can see has been acting as resistance.. The past couple of sessions gave us a strong bounce off the demand zone at $26-$27 setting higher lows following the break of what we can call a downtrend.. It's great to see this throwback hold up and our longs stepping in.. short term EMA's giving a positive crossover, today's opening candle set a nice hammer above our weekly EMA.. Again, as long as Bitcoin can maintain this momentum $MARA will give us that re test of the $32 supply zone and the 34EMA...successfully breaking this range will give us our test of the higher supply zones at $35 and even $40.00..
I will start trimming my position as we progress and reach higher ranges..
Good luck to everybody and always protect your capital.
Destiny Comes in ArcsGo Baby Go. Its going to double. I loaded up with Q4 2022 calls like my life depended on it.
MARA longs on break & retestWith recent bitcoin boom, there is a big chance for MARA to run. It is lagging a bit behind due to the volatility of the stock market but with the bitcoin push upwards I am taking long calls on MARA waiting for it to run upward with the price action of bitcoin
MARA S/R retest (long trigger) MARA successful flip of longtime resistance to support on the daily, metrics look good for a run to challenge prev. ATHs in mid-$80s
$MARA back in for another run 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This morning my team purchased shares of digital mining bitcoin company Marathon digital $MARA at $25.92 per share. Our take profit is $32.75 with a stop loss at $24.90.
Our Entry: $25.92
Take Profit: $32.75
Stop Loss: $24.90
If you want to see more, please like and follow us @SimplyShowMeTheMoney
MARATHON DIGITAL HOLDINGS Double Bottom Set UpMARATHON DIGITAL HOLDINGS Double Bottom Set Up
If Crypto continues it's bull run, we could see MARATHON DIGITAL HOLDINGS trade to at least 60 dollars a share.
If you trade on leverage, you could have a stop loss below 18.62, which is the rex box.
Then you could look to take profits higher and make at least a 2/1 return if not more depending on how well this Crypto cycle plans out.
Mining rigs are dead so is BTC.we should see one last dance with BTC probably devilish 50k and a bit but mining rigs clearly says its over, very very much over. There are more beautiful bera charts. DYOR.
Rigs charts are very correlated with btc price action and more easier to understand what is going on.
Mara Short then 10%Mara will reach 31$ then down to about 23$, then up about 10%. Or all of this will not happen, if the price closes above the 31$ line
$MARA 500-yard dash 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Today team purchased shares of digital mining bitcoin company Marathon digital $MARA at $21.30 per share. Our take profit is $26 with a stop loss at $20.75.
Our Entry: $21.30
Take Profit: $26
Stop Loss: $20.75
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$MARA sold our shares with a 28.5% gain 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team purchased shares of digital mining bitcoin company Marathon digital $MARA at $21.30 per share on February 23, 2022.
Our take profit was originally set at $26 but we were able to sell our shares after hours today at $27.5 for a gain of 28.5%.
We sold early to secure our gains since we were already up so much, but my team believes that the uptrend will continue.
Congrats to those of you who took this trade!
Our Entry: $21.30
Take Profit (HIT): $27.5
Stop Loss: $20.75
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Slight! Retest before continuationExpecting the breakout to continue we have some heavy resistance here, as denoted by the volume profile. Tomorrow may be bearish for a retest of the triangle. Maybe around -6% - 7% possibly -9% day take us back to high 24's before a possible continuation it has broken a longer term sloping resistance that had only be broken once before...
MARA 2022-03-17Buying opportunity on Marathon digital
We can clearly see a double down in daily view and the stock trying to break through the EMA Ribbon. I think it's a good opportunity to buy. Sorry for my brief description and badly translated French on my part. Stay careful in these times on the market, have a nice day!
MARA might POP OR DROP which one is it?????Hello Traders,
I have had my eye on MARA for the last couple weeks and it is looking interesting...Let's dive in...MARA has been is a downtrend since hitting ATH's in Nov of 21...We have entered into a consolidation area trading into a bearish flag...We are currently below all the MA's, broken the 50 RSI line and testing signal line, in -MACD but we have waning downward pressure and looking for a cross into +MACD territory...Price target to the upside is support turned resistance 1 which I could retesting this area before another big downward leg in this stock...As long as cyprto's appear to be in a bear market I believe this stock will follow suit...What are your thoughts???? Happy Trading!!!!!!
Another short on Marathon. MARAGoals 24, 22, 19. Invalidation at 34 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Marathon Digital Holdings screaming with many bullish signalsAll indicators I'm using are screaming at me right now, telling me this chart is bullish.
Before we start, it seems the chart is currently consolidating at a major area of support. Bullish.
First, lets start off with the RSI divergence. It is marked with white trend lines. You can see that the RSI shows greater and greater strength while the chart is consolidating.
Second, the aroon-based strategy indicators are telling me that there is likely going to be a 6 indicator symmetrical pattern. Starts with a higher sell indicator, has a short channel in the middle, then it should be followed by a buy indicator at a lower position, near where the empty circled area is. I've seen this pattern often, and it usually is followed by a reversal up to resistance. It also can be bearish, where it is flipped and ends with a sell indicator (higher than the rest of the pattern). I'll be making a video on how I interpret charts this weekend.
This is NOT financial advice. I am 14 years old, while I trade with my parent's assistance, I am not an official source or advice, and shouldn't be treated as such.
Do your OWN research and DD.
MARA possible pathwat to W-4Mara correcitng in W-4 possibly; following BTC, after consolidation to upside, one final draw down in W-5
$MARA$MARA Failed to confirm a double bottom reversal/ Fridays session closed with a bearish engulfing candle/RSI Breaking below 34day Support/ MACD bearish cross/ Supply was too heavy above $25/ Also the weakness in Bitcoin and The market in general are not helping.. I will be looking for a short position with intentions to take profits at the bottom of this 4HR range.. I can see longs entering with strength forcing shorts to cover, although ultimately I do believe we see a test of $20.00.. Failure to see longs stepping in can test yearly demand near $18. NASDAQ:MARA
MARA: Short the Resistance? Marathon Digital Holdings - Short Term - We look to Sell at 32.15 (stop at 37.41)
We look to sell rallies. The medium term bias remains bearish. Previous resistance located at 32.00. The bias is still for lower levels and we look for any gains to be limited. The daily chart technicals suggests further upside before the downtrend returns.
Our profit targets will be 19.56 and 16.44
Resistance: 32.00 / 40.00 / 55.00
Support: 20.00 / 18.00 / 16.00
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