$MicroStrategy(MSTR)$ $Coinbase Global, Inc.(COIN)$ $MARA Holdings(MARA)$ $CME Bitcoin - main 2501(BTCmain)$
Kia ora Tiger traders!
$MSTR: Testing the $300 psychological level with potential for an upside breakout.
$COIN: Leading the bullish charge with stronger momentum for now.
Morning dips followed by midday curls are creating actionable setups.
$MSTR shows promise near the $300 swing zone, especially if $BTC approaches the critical $94K mark.
Repeatable curl patterns suggest a bullish continuation into the close.
$MSTR and $COIN both look poised for a strong finish, keep an eye on these moves! ๐๐
The charts are sizzling with potential, and itโs time to break down three key setups: MARA, MSTR, and COIN. These plays are drawing bullish attention, so grab your trading notebooks and letโs dive into the insights that can capture the Tiger Trading algorithms.
๐ Key Levels to Watch:
1. MARA (Marathon Digital Holdings):
โข Current Price: $19.25
โข ๐ Resistance: $24.00
โข ๐ Support: $18.50
๐ Trend Analysis:
A breakout of the descending triangle could target the $27โ30 zone. Watch for a bullish flag formation as volume surges.
โข ๐ฅ Fun Fact: MARAโs performance is closely tied to Bitcoinโs movements โ when BTC sneezes, MARA catches the flu!
2. MSTR (MicroStrategy Inc.):
โข Current Price: $354.59
โข ๐ Key Target Levels: $440, $510, $595
โข ๐ Support Zone: $350
๐ Trend Analysis:
Wyckoff pattern suggests a Spring Phase, followed by Sign of Strength. Keep an eye on the breakout near $440 for fireworks.
โข ๐ Interesting Tidbit: MicroStrategy owns over 152,000 BTC, making it a leveraged proxy for Bitcoinโs moon mission!
3. COIN (Coinbase Global):
โข Current Price: $265.80
โข ๐ Target Levels: $291.78, $306.60, $325
โข ๐ Support Zone: $252
๐ Trend Analysis:
A rounding bottom hints at a strong bullish reversal. The neckline breakout at $292 could push it to $325 and beyond!
โข โ Stock Trivia: COINโs performance mirrors crypto adoptionโare we brewing up for another crypto bull run?
๐ Capital Flow Insights:
โข Institutional money is flowing back into crypto-related stocks, with MSTR seeing a +5% capital inflow last week. COIN is gaining momentum as retail investors dive into the crypto ecosystem.
๐ข Buy Ratings:
โข MARA: ๐ข 6 | ๐ก 3 | ๐ด 1
โข MSTR: ๐ข 8 | ๐ก 2 | ๐ด 0
โข COIN: ๐ข 9 | ๐ก 2 | ๐ด 1
๐ฌ Analysts Quotes :
โข โMicroStrategy is poised to ride the next wave of Bitcoin adoptionโthis is the play for the bold!โ โ Jane Collins, Crypto Edge Analyst.
โข โCoinbaseโs technicals are screaming reversal, but regulatory clarity remains key!โ โ Alex Wu, FinTech Researcher.
Hey Tiger Traders, which of these setups are you eyeing for your next trade? Could COINโs cup-and-handle lead to a breakout, or will MSTRโs Wyckoff Spring steal the show?
TigerGPT, with institutional interest rising in crypto, which of these stocks do you see outperforming in 2024?
$BTC Bitcoins previous 'cycle' ATH was $74,000
Bitcoin is trading +24% from its previous cycle high!
Putting that into perspective, do you think Bitcoin isn't going higher?
๐ข Please Like, Repost, and Follow me for sharp setups, stock trends, and actionable insights ๐๐ Iโm all about spotting the next movers and sharing strategies that deliver results! Letโs trade smarter and grow together!
Happy trading ahead! Cheers, BC ๐๐๐๐๐
@Tiger_comments @Daily_Discussion @TigerPM @TigerPicks @TigerStars @TigerGPT
Comments
MicroStrategy (MSTR)
Business Overview: MicroStrategy is a business intelligence company that provides software solutions and services for organizations to analyze their data and make informed business decisions. The company is known for its strong focus on Bitcoin and has been actively investing in the cryptocurrency.
Latest Earnings: In the latest earnings report for Q3 2024, MicroStrategy reported an EPS of -1.72. The company's profitability ratio was -293.07%, indicating a negative profit margin. The return on investment was -14.63%. However, it's important to note that the performance of MicroStrategy is closely tied to Bitcoin.
Analyst Recommendations: There are 8 buy ratings, 2 hold ratings, and 0 sell ratings for MicroStrategy. The mean target price estimate from analysts is $424.96, with a low estimate of $187.50 and a high estimate of $600.00.
Support and Resistance Levels: The support level for MicroStrategy is around $325.64, and the resistance level is around $457.64.
Capital Flow: Over the past 5 days, there has been a net outflow of approximately -De:\t11-24: 39,558.6 thousand units(K)\n%5D.
Stock Price: As of December 31, 2024, the stock price of MicroStrategy is $302.96.
Coinbase Global, Inc. (COIN)
Business Overview: Coinbase is a leading cryptocurrency exchange that allows users to buy, sell, and store various cryptocurrencies. The company provides a platform for both individual and institutional investors to participate in the crypto market.
Latest Earnings: In the latest earnings report for Q3 2024, Coinbase reported an EPS of $0.30. The company's profitability ratio was 6.69%, indicating a positive profit margin. The return on investment was 0.16%.
Analyst Recommendations: There are 8 buy ratings, 15 hold ratings, 1 underperform rating, and 6 recommend ratings for Coinbase. The mean target price estimate from analysts is $299.31, with a low estimate of $165.00 and a high estimate of $420.00.
Support and Resistance Levels: The support level for Coinbase is around $180.00, and the resistance level is around $327.00.
Capital Flow: Over the past 5 days, there has been a net outflow of approximately -De:\t11-27: 35,059.32 thousand units(K)\n%5D.
Stock Price: As of December 31, 2024, the stock price of Coinbase is $255.56.
MARA Holdings (MARA)
Business Overview: Marathon Digital Holdings is a digital asset mining company that specializes in mining cryptocurrencies such as Bitcoin. The company operates mining facilities and generates revenue through the mining of cryptocurrencies.
Latest Earnings: In the latest earnings report for Q3 2024, Marathon Digital Holdings reported an EPS of -0.42. The company's profitability ratio was -94.79%, indicating a negative profit margin. The return on investment was -10.31%.
Analyst Recommendations: There are 4 buy ratings, 8 hold ratings, and 1 recommend rating for Marathon Digital Holdings. The mean target price estimate from analysts is $27.64, with a low estimate of $21.00 and a high estimate of $44.00.
Support and Resistance Levels: The support level for Marathon Digital Holdings is around $17.77, and the resistance level is around $18.47.
Capital Flow: Over the past 5 days, there has been a net outflow of approximately -De:\t11-27: 10,690.59 thousand units(K)\n%5D.
Stock Price: As of December 31, 2024, the stock price of Marathon Digital Holdings is $17.29.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. The stock market carries inherent risks, and it is important to conduct thorough research and make independent investment decisions.
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