MARA Holdings Surges: All Profit Targets Hit in 15min Long Trade

18 ott

Technical Analysis: Mara Holdings – 15-Minute Timeframe (Long Trade)

Mara Holdings displayed a strong bullish move, hitting all profit targets following a long entry at 15.77. The trade has now concluded successfully, with all targets achieved.

Key Levels

1. Entry: 15.77 – Long position initiated after identifying bullish momentum.
   
2. Stop-Loss (SL): 15.41 – Positioned to manage risk in case of a reversal.
   
3. Take Profit 1 (TP1): 16.20 – Initial target achieved early in the trade, confirming the upward trend.
   
4. Take Profit 2 (TP2): 16.91 – Continued buying pressure led to this level being reached.
   
5. Take Profit 3 (TP3): 17.62 – Bullish momentum carried the price to this level.
   
6. Take Profit 4 (TP4): 18.05 – Final target successfully hit, completing the trade.
   

Trend Analysis
The price remained above the Risological Dotted trendline, confirming a sustained uptrend throughout the trade. Mara Holdings showed strong buying interest, driving the price through all profit targets.

The long trade on Mara Holdings was highly successful, hitting all targets, with the final target of 18.05 marking a profitable conclusion. This showcases the precision of identifying and capitalizing on upward trends.