Bitcoin ( BITSTAMP:BTCUSD ) has been one of the trickiest assets to forecast, until institutions hopped on, and now it's THE trickiest asset to forecast. So I will give my take on it and the factors I'm considering for my mid to long term analysis. I also give a short-term forecast. But since that can change very quickly, keep following this idea for updates. I...
I own both Square $SQ and Paypal $PYPL. I've identified some demand levels where I would buy more Square than Paypal. The yellow shaded area are Square demand zones. The top line of these levels is my entry point to buy more Square than Paypal.
Looking for a good buying opportunity in the near future.
Hello everyone, Looks like a rising wedge pattern to me. What do you guys think?
Square might be due for a pullback to ~$170 (0.236 Fibbonacci level & channel support line). - An extended bearish RSI divergence forming on day chart. - Trading near top line of resistance and above upper Bollinger band (2 standard deviations from 20 moving average).
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
Square fell below the blue support line, with stimulus failing and market sentiment dissipating as election nears I am looking for square to keep falling as seen back in July. My bearish prediction & entry point: Square will keep falling and find support between $158 and $161, as markets shake off election and institutions begin buying markets will turn around...
This is a chart that shows some Titans that everyone has been talking about. Google Amazon Apple Tesla Nvidia and Square. Thought it would be interesting to look at them all together and hear some opinions. My guess is that we will drop a bit and trade sideways. These tech companies will make a lot of money over the next 3 years. I don't think its time to...
nice long set up to watch Trade idea - Buy the the stock and target 170 with SL at 139 - Buy SQ Call 162.50 OCT02
AO twin peaks or even triple peak sell. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Nice Head & Shoulders pattern on SQ as the market is correcting. SQ has been due for a nice correction after a vertical run over the past few months. Watching for a break of the yellow trendline with an entry around the yellow circle area... If pattern plays out, could see a drop to the D. 200 SMA which would be ~(30%) correction from entry area. (Opinion only...
AMD Updated Price Target 98.01
Take Profit: 165$ Equal measured move Stop loss 138$ 200 Hour Moving Average and previous support
RSI and MACD Bearish Divergence -Sold off once but keep an eye on levels if you're long -If long need to watch for demand to increase or prices will pull back and kill premium.
Bearish divergence on the MACD and RSI to watch with going long but SQ has been respecting this channel for a while
$SQ will easily exceed earnings. Don't forget that Square owns Cashapp and makes a killing off of the commission from Bitcoin purchases. Rising $BTC = more cashflow and profits for Square.