MARA trade ideas
Bullish: BTC, Listed Average Price Target For the Past 4 MonthsI have MARA and BTC being compared to on the chart. Mara Is very under valued.
MARA Daily - If we could get some volume to the upside damn thisMARA Daily - If we could get some volume to the upside damn this chicken could run
Mara's Broken Rising WedgeETH has hit an ATH and Bitcoin struggles to keep up. As a crypto believer, I do believe before the next high must come a new low. Price Target is $25 before going to $60.
MARA and RIOT Oversold - Good Buying OpportunityTechnically, MARA and RIOT were both oversold last week and that downward momentum coupled with Bitcoin's key support levels provided an excellent buying opportunity with a high rate of success.
This proved true, as Bitcoin, MARA and RIOT bounced off the key levels of support, and the trade profits grew in size.
It is almost always better to wait for the perfect opportunity than to rush in and buy.
By waiting, you ensure you will not have high draw-down levels once you enter the trade.
For people trading with their life savings, that can cause a panic, and a swift panic-sell loss that may later turn into a hypothetical gain, without their investment.
MARA finally time to elevate?Will it be a MARA MAY?
Mara needs to gain above the YELLOW descending resistance level and back test against it to confirm upwards progress.
If that happens on Monday, the MACD 1D should cross and signal bullish investors.
Resistance may be encountered short term at 0.786 fib ($45.50)
As BTC pumps or dumps so will MARA.
Careful for a BTC rejection at 60K - lots of profit taking will occur there. if 60 is lost, we could consolidate more. IMO BTC will pump but be prepared.
Watch for confirmation signals above
Good Luck
MARA Continues to Trade in ChannelMARA is one of the largest crypto mining companies in the US. According to bitcointreasuries, Mara curreently has 5,263 worth only $300,057,928. It's 3.7B market cap is largely attribute to the future earnings from mining. For this reason, the price of bitcoin is the biggest factor for this company's price action.
There are a few setups for MARA. Price could either breakout from this channel or continue trading in this range. When Bitcoin gains momumtum in the coming months, the breakout scenrio is very possible. Also, keep an eye on the support level at 29.00 & 24.00/ These levels could be a great buying opportunity assuming that Bitcoin's price continues to go up.
$MARA Target PTs 44-55 and higherWave Analysis; pivoting off Support and up-trending towards Resistance
MARA trading in a range. Might be a quick win.Mara has been trading in a range and looks to have bounced back off its support area. If it is up today could be worth a close look. Supporting indicators look like an uptrend is forming.
Bit of potential upside there if it runs. Certainly a fairly popular pump stock by social media posters.
MARA looking like recovering after a pullback.MARA has been an absolute beast of a stock this year up and incredible 11,500% !!! over the last 12 months.
Had a bit of a well deserved pullback, but looks like it will resume its run.
I suspect though that if Bitcoin crashed Mara will come down just as quickly so keep a close watch if you decide to buy.
MARA sitting on support from 2016.MARA held support well these past couple of days. I don't think we fall below 30 again. Bitcoin being so aggressive helps to turn things bullish for MARA
Potential Triple BottomWe could see a reversal from a potential triple bottom. On the 4HR timeframe MACD is curling up ever so slightly. BTC is currently on a bull run and could continue tomorrow. Could turn out to be a good daytrade.
Hodling wasn't meant to be easy Extreme overbought leads to extreme oversold
Bulls are right but time is key patience pays remain calm from 30 to 50 can take less then a week load below 27 to 21
Is MARA Dead? Obviously MARA is completely dependent on the price of Bitcoin.
However, Look at all the touches and support on this trend line.
It is also the very strong 50% retracement Fib level.
Trading MARA is like trading DeFi in the stock Market - it is volatile!
I believe this is the bottom and I added more MARA. 🚀
Will BTC test 45.3? a critical 50% Fib retracement and 1W 20 EMA? maybe on the weekend and MARA won't feel it? Is this the bottom already in for Bitcoin? When BTC does rip, this will be a grand pump, IMO 😎
Market Manipulation is in the news. do your DD and Good Luck! 👍
Fact check!On April 12, 2021, I published an idea for my private followers followers to short MARA when it was 51.09 with target price 37 in in 1-2 weeks!
Don’t believe, check this! They made over 1000% gain by now!
$MARA I have been reading a lot on social media about $MARA that its going to go bullish from the current position but i have a different view, not my personal view but what i see on the chart. There's a buying zone around $24-$25-ish so i has a higher probability to dip down a little, grab the liquidity and fly back up.
I could be totally wrong, if i am then i would love to be educated. Always up for learning new things.
Thanks
Trade Safe.
MARA: Poseidon's Trident Practicing throwing pitchforks all over this market.
A pitchfork is made with 3 pivot points.
Pitchfork isn't kind to MARA.
Strong Downward trend.
hopefully, the trend brakes out for all my miner homies.
Sorry @ockwoodjames
MARA at long term support lineMARA has held support at this long term trend RED support line.
There will be some levels of resistance along the way up (YELLOW)
As Long as BTC is advancing MARA should be done recovering. If RED line fails - more downside pressure will continue
This RED trend support line has held for months
MARA possible support and resistance As see on the chart there are 2 levels of support the 200 MA and the trend line. A possible long position to enter is when there is a bounce off around the 34 area and a bottoming. Possible resistance around 38 and 41(200 MA) but this is a great long as long bitcoin shows signs of bullishness .
Note: This is what I think do your own DD before buying
potential buy opportunityCould be a great buy opportunity here for mara if it holds above the 50MA. opening below could indicate a retrace to prior resistance. Could take a few days for this to be confirmed.
