Get started

Square

BLOCK (SQ): Major Buy Zones Identified Amid Potential Upswing!BLOCK (formerly Square) has experienced a significant sell-off since its all-time high of $290 in July 2021, dropping to a low of $37. This marked the completion of Wave 2 in its price cycle. Currently, we are observing two critical zones: Must-Buy Zone : Between $33 and $51. Historically, the price has spent minimal but crucial time in this range, indicating strong market movement always follows a dip into this zone. Okay-Buy Zone : Between $51 and $87. This broader range also saw significant accumulation periods, specifically from May 2018 to March 2020, and again from May 2022 to the present. BLOCK's price dipped to the Must-Buy Zone recently but quickly reclaimed higher levels, suggesting a potential upswing. Additionally, a clear bullish divergence on the RSI (3-day chart) indicates a possible new momentum phase. Potential Scenarios: Retest and Reclaim : On the 12-hour chart, a retest of the high-volume nodes and Points of Control (POC) on the daily and 3-day charts might occur. If BLOCK retests these levels successfully, it could signify a sustained upward movement. Dip and Buy Opportunity : Should the price fall below these POCs, another dip into the Must-Buy Zone could present an excellent long-term buying opportunity, especially if the RSI indicates oversold conditions aligning with these price points. Given the bullish divergence on the RSI and historical support levels, there is a strong case for a potential upward movement. However, the risk of a further dip remains, making it crucial to monitor these levels closely for a strategic entry point.
NYSE:SQLong
by freeguy_by_wmc
Bullish Cypto Gaming Gods UnchainedIf alt coins are going to rip the biggest hype for the upcomming market cycle has been on crypto gaming. This chart is a daily line chart for Gods Unchained a popular web3 based game in progress. Measuring time vs price from past price data in 15% degree intervals typically provides valuable levels and piviot dates. Each spot a yellow angle meets the circle is not an exact day and price rather measures a significant price level and significan cycle date. Each can and typically have a reaction regarless of where price is on the date or what date it is when it approaches a level. Cycle end dates are from simply squaring the range by measuring from the cycle top to the point of brakeout at the bottom and doubling this time period.
CRYPTO:GODSUSDLong
by Degen-Dynasty
Block (aka Square) SQ Is at the Discount Price Level!SQ - Block (also known as Square) is at the Discount Price Level. It may be tie to dollar cost average into SQ. This level has shown to be a discount level about 4 times in the past. Remember past performance does not dictate future results. Also, fundamentals trump technicals every time. Do your research and determine if this technical analysis matches up. Portfolio Builders Club - Encouraging everyday people to start building a portfolio of growth and cashflow producing assets.
NYSE:SQLong
by PortfolioBuildersClub
Square gearing up for $100+I am going to start doing things a bit different for my charts so please leave in the comments below if this chart or way of looking at it is better and understanding the text also. Wave 1 Price at high $89.95 (10/14/22-2/1/23): These dates represent how long the waves lasted as we progress through them. The green wave count in the smaller text is wave count inside the bigger wave 1 and represents bullish signs. Wave 2 Price at low $55 (2/3/23/-5/13/23): We saw a decline in Square during this time period that was pretty brutal... almost a 40% drop from the highs of wave 1. During this period, people tend to think recession and panic when they see drops like this happen so fast. Also, Wave 2's during a bull cycle of a stock tend be the worst drops when they happen compared to wave 4's. Wave 3 Price Prediction at high $117 (Date unknown): This is the wave cycle we are at now and if that is true then we are headed much higher and we should all be buying this stock right now. Inside of wave 3's we see a lot of bullish signs in the market, news, and everything.. It is the best time to hold a stock as the most gains are made in a wave 3.
NYSE:SQLong
by UnknownUnicorn910751
1
Time to Squre upHello everyone, Block got left behind in the recent Fintec bull-run. In my opinion, it is hugely misspriced as it is not yet in the eyes of wallstreet, but given that it is sitting on the support levels, the company is expecting profitability by the end of the year and over-all the great health of the company, this really gives us a nice set-up. The Stop-loss would be below $45. Take-profit 1 would be $72 with the closure of the gap. Take-profit 2 would be $90 at the top of the channel. Given the bullish stance on the market on all growth companies, most of the trades are working nicely from the support set-ups. Good luck to all!
NYSE:SQLong
by donaitelo
SQ Block Options Ahead of EarningsIf you haven`t sold SQ Block here: Then I think you already know that the company is accused of fraud! Now analyzing the options chain of SQ Block prior to the earnings report this week, I would consider purchasing the 59usd strike price Puts with an expiration date of 2023-5-19, for a premium of approximately $2.71. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your thoughts on this strategy.
NYSE:SQShort
by TopgOptions
Journaling the successful trade on SQEven dough the trade was amazing , there is always room for improvement. Here is what i learnd 1.if the markets (indexes) are green at closing, it doesn't mean there will not be a pull back, which can effect your trading position. and vice versa. 2. if you miss your entry, and the trade is going in the direction you calculated, use your trend lines for a entry. 3. be sure its and nice set up on the candle sticks that favors your direction, after the touch of the trend line. 4. be sure to chart down on with your analysis.
NYSE:SQ
by HelloUs