Price is currently right at the breakout neckline. We need price to break into the 67.00's before we can look for buys. In addition, price is above our 180 ema on the H4.
If price breaks into the 67's, we will be monitoring this area for potential retest for long opportunities.
Price may potentially fill the gap to the left. Key resistance levels to keep in...
Strong Product, above average moat. Dorsey enterprise has good synergy. Bitcoin/ crypto tech leaders, obvious value add to clients
chart setup is good, price moving in an uptrend through the cloud. will zoom higher on exit November 21 area
MAxive correction ahead. Earnings delisional.
This was my and also many other's best pick in 2018. Long term I still believe in the business. As Square they support small retailers instead of replace their logistics (Amazon).
p.s. This H&S is not regular. Neckline is not parallel to the abscissas. The slopes goes towards the leftS. Completion mean the price...
Here is a great opportunity to pick up SQ .
At Three Percent Trades we have a price target of $77.87 / share, which is a potential upside of 23.8%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
SQ makes a price jump of $18 after each big drop, according to its trend. On November 6, SQ is expected to report high earnings. As previously mentioned, we should expect the pattern to play out once again.
I started trading traditional markets recently alongside BTC
Wow how calm it is over here compared to crypto - really enjoying it so far to be honest
Current price 63, targeting 80 for the gap fill on the daily
Strong bullish divergence with a possible ascending triangle forming
26% possible profit - may take a few weeks to play out
Stop around 61.5
symmetrical triangle (gray) where price should be in a continuation of the prevailing trend (in this case should be up)
ascending triangle (blue) where price should breakout and continue in an uptrend...
which ever you were looking at the price broke down... we might still be in a sideways range... but I feel the risk is to the downside.
Support at 60 because of previous support.
Resistance at 70 because of previous resistance.
Price action is looking to be bearish at the moment but we are approaching a level of support.
Looking for either a bounce at the 60 support or a break through the 60 support for a push down lower.
Predicting that SQ break down under the 60 support and fall...