While most trades look at a linearized theory like trend lines , triangles and channels it seems that in a bigger picture it is not linear at all. Here I interpolated the lows and highs of bitcoins 3 cycles by a curves that look like square root functions. There is only one parameter of freedom to choose such a square root function a* √x. Without going to deep...
Square (SQ) is getting close to triggering a trailing stop exit signal on its weekly chart. The RSI (14) is below 50, suggesting this is not a good time to 'buy the dips' on the daily chart's pullback buy signals (RSI (2)) and RSI (3))
NYSE: $SQ | #Square in the Midst of a HUGE #ABCcorrection!
Tenkan-Sen beginning to converge with Kijun-Sen. RSI picking up aggressively. Earnings after the bell today... Investors are pleased with what @jack has done with both $TWTR and $SQ; each stock is poised to keep up the momentum as we head into 2019.
End of month moment arrived !! enjoy this new setup! A very exciting October month ahead :) it contains some imperfections... this is the best I can do at this TF due to some limitations of the charting library but still gives a nice view :) should be clickable tomorrow :) zoom out: Cheers, Keops
$SQUARE giving me a green light of this cypher pattern. My call here is not to be construed as financial advice, markets can go against you at any time. As always, risk management is key.
SQ got wrecked last week, but managed to bounce at a key fib support. I expect the bullish trend to continue on this one.
Square will bounce until earnings and then booooooom to an ATH.
SQ looks to have found support after a HEALTHY retracement. I will look to add some shares to my longer term accounts as well as take advantage of some nice Intra day setups.
The square and the flower are linked via what I call an harmonic resonance ratio that is related to PHI. enjoy! Cheers, Keops
SQ 4hr chart equilibrium break will give direction for the coming week - breaking up above 92.39 increases confidence in continuation to new all time highs this week, and a break of 89.31 will have us looking to test 83.34 as a daily support. The weekly chart is getting extended with 6 green weeks in a row and a bearish reversal spinning top doji on declining...