📈 Ticker: MARA (Nasdaq)
💰 Entry: $17.28 (pullback to support)
🛑 Stop Loss: $14.03 (below swing low)
🎯 Take Profit: $24.05 (next resistance + Fib extension)
🔢 Risk/Reward Ratio: 3:1
🔍 Technical Setup
✅ Trend: Strong daily uptrend (higher highs & higher lows)
✅ Support/Resistance:
Entry: $17.28 (near 20-day EMA & previous breakout zone)
TP: $24.05 (1.618 Fib extension + prior resistance)
✅ RSI (14): ~60 (neutral, room for upside)
✅ Volume: Rising on up-moves, confirming bullish momentum
✅ MACD: Bullish crossover on daily chart
🎯 Why This Trade?
1️⃣ Strong Uptrend: MARA is in a clear bullish phase with institutional interest.
2️⃣ Optimal Entry: Pullback to $17.28 offers low-risk entry near dynamic support (EMA 20).
3️⃣ High Reward Potential: TP at $24.05 (39% upside) with tight risk (SL at -18.8%).
4️⃣ Bitcoin Correlation: MARA often follows BTC’s momentum (bullish BTC = bullish MARA).
⚠️ Risk Management
Stop Loss: Hard stop at $14.03 (below recent swing low).
Position Size: Risk only 1-2% of capital (adjust shares accordingly).
Trailing Stop: Move SL to breakeven if MARA hits $20.00.
📅 Timeframe & Strategy
⏳ Holding Period: 2-6 weeks (swing to position trade)
📊 Ideal Scenario:
Holds $17.28 support and pushes toward $20, then $24.05.
Volume expansion on breakout = confirmation.
❌ Invalidation Criteria
Close below $14.03 = exit (break of structure).
Loss of 20-day EMA + declining volume = caution.
📌 Final Thoughts
MARA offers a high-reward swing trade with a 3:1 R/R ratio. The setup aligns with:
Bitcoin’s bullish sentiment (if BTC holds $60K).
Strong technicals (EMA support, RSI not overbought).
🔥 Like & Follow if you agree! Would you enter this trade? Comment below! 👇
#MARA #Bitcoin #Stocks #Trading #Crypto #Breakout #SwingTrading
(Disclaimer: Not financial advice. Trade at your own risk.)
💰 Entry: $17.28 (pullback to support)
🛑 Stop Loss: $14.03 (below swing low)
🎯 Take Profit: $24.05 (next resistance + Fib extension)
🔢 Risk/Reward Ratio: 3:1
🔍 Technical Setup
✅ Trend: Strong daily uptrend (higher highs & higher lows)
✅ Support/Resistance:
Entry: $17.28 (near 20-day EMA & previous breakout zone)
TP: $24.05 (1.618 Fib extension + prior resistance)
✅ RSI (14): ~60 (neutral, room for upside)
✅ Volume: Rising on up-moves, confirming bullish momentum
✅ MACD: Bullish crossover on daily chart
🎯 Why This Trade?
1️⃣ Strong Uptrend: MARA is in a clear bullish phase with institutional interest.
2️⃣ Optimal Entry: Pullback to $17.28 offers low-risk entry near dynamic support (EMA 20).
3️⃣ High Reward Potential: TP at $24.05 (39% upside) with tight risk (SL at -18.8%).
4️⃣ Bitcoin Correlation: MARA often follows BTC’s momentum (bullish BTC = bullish MARA).
⚠️ Risk Management
Stop Loss: Hard stop at $14.03 (below recent swing low).
Position Size: Risk only 1-2% of capital (adjust shares accordingly).
Trailing Stop: Move SL to breakeven if MARA hits $20.00.
📅 Timeframe & Strategy
⏳ Holding Period: 2-6 weeks (swing to position trade)
📊 Ideal Scenario:
Holds $17.28 support and pushes toward $20, then $24.05.
Volume expansion on breakout = confirmation.
❌ Invalidation Criteria
Close below $14.03 = exit (break of structure).
Loss of 20-day EMA + declining volume = caution.
📌 Final Thoughts
MARA offers a high-reward swing trade with a 3:1 R/R ratio. The setup aligns with:
Bitcoin’s bullish sentiment (if BTC holds $60K).
Strong technicals (EMA support, RSI not overbought).
🔥 Like & Follow if you agree! Would you enter this trade? Comment below! 👇
#MARA #Bitcoin #Stocks #Trading #Crypto #Breakout #SwingTrading
(Disclaimer: Not financial advice. Trade at your own risk.)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.