Cryptocurrency Takes The Wheel - Bullsmany have greatly underestimated cryptocurrency, it will carry the market along with stocks look the market cap is sitting on the golden ratio it will continue up anyone selling crypto is blind.
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CAPITALCOM:CIX
CRYPTOCAP:TOTAL
CRYPTOCAP:TOTAL2
CRYPTOCAP:TOTAL3
AMEX:VTI
AMEX:VT
AMEX:VOO
COINBASE:BTCUSD
COINBASE:ETHUSD
BITSTAMP:XRPUSD
COINBASE:MATICUSD
COINBASE:LTCUSD
COINBASE:BCHUSD
COINBASE:ADAUSD
COINBASE:DOGEUSD
NASDAQ:COIN
NASDAQ:MARA
NASDAQ:HUT
MARA
Possible BTC MovementI'll keep this one short. I thought this seemed to be the most likely movement for BTC, if people wanted to see it be bullish. I just really don't see a reason for it to be bought until it can come up a bit more or go down a bit more.
I may actually be more worried about its price if it pushes up without coming back down to atleast 36.8-39k
Check related idea if you want to see or use the Schiff Pitchfork that I am using.
BTC End above 41,700 potentialThe title is the main point of this. As i go through the charts since the market opened I thought hmm, if this ends above the red line it looks great. well towards the end of the videe it seems that the bulls knew about this looong ago.
I think the 4HR at 11AM EST will determine a great amount of BTC trajectory. IF it holds 41,700 then I think bullish or sideways movement is what will happen. I explain that idea in the video.
It is 20 minutes.
I go over link, ada, USTY02, MARA and some others
$MARA looks like it bottomed, can it push to $50+?$MARA looks to be forming a bottom here in the $25 range. I expect next week will start a move up.
I think we'll likely move up to retest the 50% retracement level at $54 and reject there (potentially a little higher at $57).
Let's see how it plays out over the coming weeks/months.
$MARA Trade update$MARA Trade update
MARA averaged down today… new average 25.62
New sell target 37.35 for 45.78%
All targets on the right are open buy orders in case of a further sell off (In fact I would love all targets to the downside to fill)
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
$BTC weekend chart analysis 👁🗨*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 chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
MARA: Further Downside Ahead? Marathon Digital Holdings - Short Term - We look to Sell at 33.35 (stop at 38.33)
We look to sell rallies. Previous support, now becomes resistance at 32.00. 20 1day EMA is at 34.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 21.26 and 19.75
Resistance: 32.00 / 40.00 / 50.00
Support: 25.00 / 20.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
MARA, 6 Jan: Almost a Buy.MARA has lost -65% since November. Let’s take a look if we can pick up the stock from the bottom.
Elliott:
The count suggests that a 5-wave move is about to complete. This can be interpreted as wave C of a larger degree.
Geometry:
If the pitchfork is drawn correctly, we may have a potential support at the lower boundary. The 4th extension of the upward facing channel is a bit lower at 25, which is the same level as the 78.6% retracement.
Oscillators:
The Stochastic is oversold and due to move up. The RSI shows a bullish divergence.
Correlations:
For MARA to move up, we need:
Bitcoin to bottom out and start a new bullish sequence.
DXY to not break the current resistance and drop lower.
How to trade it:
The idea is to test long positions as MARA approaches the potential supports, and build further long exposure when price makes a higher high that breaks the downward trend. It is possible to trade RIOT for diversification. The idea is invalidated if Bitcoin shows no signs of recovery.
New Position $MARA Target 41.91 for 33.13%New Position $MARA Target 41.91 for 33.13%
Or Double position at 21.05 (I have Feb 4 puts sold to double my position if it goes down further)
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
Market Update and a look at fee FREE blockchain ETFs/MinersIn this video:
* Should we be concerned about the price action today in the crypto space?
* A quick peek at the Stock Indexes and BTCUSD and ETHUSD
* Fee Free Blockchain ETF's and Miners which you can buy on Robinhood, Ameritrade, and others:
GBTC
MARA
RIOT
NDTAF
HUT
HIVE
IREN
BITF
GREE
ARBK
ARBKF
SDIG
BTCM
CLSK
BTBT
DMGGF
ARKK
BLOK
COIN
BSVUSD
BCHUSD
BTCUSD
DOGEUSD
LTCUSD
ETCUSD
ETHUSD
Best to you all and HAPPY NEW YEAR!
-Stew
ANY bounce from the strong support ??ANY Sphere 3D wants to rival MARA and RIOT in 2022.
Peter Tassiopoulos, CEO of Sphere 3D: "We have successfully pivoted to the cryptocurrency mining industry with the purchase of our first 60,000 miners, capable of producing 6 exahash of capacity. we have secured an agreement with Gryphon Digital Mining to have Core Scientific host and manage about 230 megawatts of bitcoin mining capacity, which covers over 71,000 bitcoin mining machines."
This strong support area seems like a great buying opportunity!
My short term price target is the 6.2usd resistance.
The MARA Pullback Is In MARA put a 5 wave move from September to November then completed an ABC correction that spanned 38 days and is now ready for the next leg up.
Confluence
- Sitting on a 4x proven support line
- Doji signaling reversal
- RSI = oversold
Entry
- RIght now or upon the upward cross of the 8-day EMA
Target
- $52.29 in 32 days
- All-time highs by June 2022
$BTC chart analysis*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 chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Marathon Digital Analysis 09.12.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
ANY Sphere 3D Hashrate computing power !!Sphere 3D Corp. (ANY) deal for rights to bitcoin mining agreements of 60,000 new bitcoin mining machines for a total of 5.7 Exahash of computing power.
Marathon is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day.
MARA Market Cap 5.036Bil vs ANY Market Cap 254Mil
MARA 10.37 ExaHash vs ANY 5.7 Exahash
Based on the fundamentals above, see 10X upside potential for ANY from here!
My price target is 7usd by the end of the year and 12usd by the end of february.
ONCS - WEEKLY CHART DOUBLE BOTTOM? IS IT POSSIBLE? WILD.All,
I mean you can't tell me this isnt a textbook double bottom if this was on 5M its a buy. Crazy on a weekly chart. Would be a huge long position and wouild have to hold. Interesting. If this bottom holds here might actually buy and hold some just to see if we can get a 3-4 PT hit.