SQRUSDT trade ideas
Strategy for next days on SQR The resistance zone is consolidated. Just look at the graph. Funds are constantly coming into the magic square GETTEX:SQR ecosystem with new users day by day. Therefore, the first stop zone to consolidate is 0.82 and the probability that it will continue towards 1.20 is high. for the next 15 days.
$SQR Long using Elliot Wave Theory - 1 hour chartGETTEX:SQR appears to be in the C wave of a large ABC. The 1:1 Target for this C Wave is 0.80946. The internal structure of the C wave however suggests that the C Wave might fall short with a 1:1 price target of 0.73866.
The TP for this trading idea is therefore the lower price target of 0.73866 with the SL set at the B Wave of 0.41431.
Accumulation and takeoffThe second scenario turned out to be correct and has already been partially fulfilled. We sharply broke through one support level and reached the second one as I wrote earlier
The price quickly returned to the zone 0.58-0.60, as there was a buyer. Now I expect a small accumulation in the area of 0.52-0.55, after which the asset may rise sharply in price.
Especially the new ATH on bitcoin can contribute to this.
Let's keep watching.
Update on the analysis of the $SQR token [04.03]Just a refresher
Well, today we have 04.03, and from my preliminary analysis we see that the volumes are going up even more, which means there is a serious buyer on the market.
You also worked out the ascending triangle and reached a price of $0.70 for 1 $ SQR token. My take profit was set at $0.75, a little short of this goal.
Same as technical analysis
So far we have tested from top to bottom our ascending triangle and are confidently moving on, in accordance with the increasing volumes.
From the point of view of technical analysis, everything indicates that the SQR token confidently goes to the price of $1 for 1 SQR token.
In addition, to this, I would also like to draw attention to the fact that the number of blocked SQR tokens in the company from the Magic Store is becoming more and more every day, this also stimulates the market to move only upwards, since the number of holders of the SQR token is becoming more and more every day.
My recommendation:
After rolling back to the price of 0.55 approximately, then gain a long position and hold it to a take profit of $1 per SQR token.
In my opinion, the price of $1 will be reached approximately in 2-3 months.
Weekly $SQRUSDT technical analysisOn the 4 hourly candles, we've seen a beautiful wick to catch liquidity at around $0.43 with a very strong bounce back up to $0.6 levels.
This shows that buyers are stronger than sellers and this is therefore extremely bullish for the near future.
On the daily candles, the structure is unchanged. We sill have strong support between $0.4 and $0.43.
Keep accumulating!
SQR Token Price Prediction in 1 MonthDisclaimer:
This is not financial advice.
The crypto market is highly volatile and unpredictable.
Do your own research before making any investment decisions.
Factors that could affect the price of SQR in the next month:
Overall market sentiment: If the overall crypto market is bullish, SQR is likely to follow suit.
Adoption of Magic Square: If more people start using Magic Square, the demand for SQR will increase.
New developments on Magic Square: If Magic Square releases new features or products, it could have a positive impact on the price of SQR.
Regulations: Government regulations could have a negative impact on the crypto market as a whole, including SQR.
Price prediction:
Based on the factors mentioned above, it is possible that SQR could reach a price of $0.80 - $1.00 in the next month. However, it is important to remember that the crypto market is highly volatile and anything can happen.
$SQR 4H Timeframe Technical AnalysisThe SQR token has been experiencing a clear uptrend in its price action, characterized by higher highs and higher lows on the price chart. This bullish pattern suggests growing buying pressure and investor confidence in the token's prospects.
SQRUSDT just hit 0.45 support levels on the 4H chart. It is a matter of days before the 0.7 level is retested and if it is done positively, the token could enter in discovery price if volume pushes up in a short period of time.Next resistance at around $0.78
How to fly to the moon for free with SQRWe buy the SQR token. Yes, getting started is almost free :)
We staking it on the official website. We participate in the Zelay company.
We share the prize of 1,500,000 SQR
We hold SQR and sell it in a year.
Profit.
Fundamentally, the project is very strong. In my opinion, the best of these projects.
Plus is launching its own launchpad soon.
First objective reached - Wait entry signal for 0.75As anticipated, the token has reached the $0.60 zone where it was expected to encounter some resistance as this was a key value in previous weeks. The idea here is to wait for a retracement of the value to the $0.55-$0.50 zone and enter expecting a second impulse to the $0.75 zone where the value has its historical ATH. Stop loss -20% below $0.50 is recommended.
magic of magic square how u can see my chart i see the chart in really easy way, just buy on support(red line) and sell on resistance(green line) always 20 30 % every step on buy or sell, not all in or all out in one step..and the main thing that you should is that bianance lab, crypto.com, kucoin and many big company invest on magicsquare and still not listed on binance,crypto.com and kucoin... and you know what happen after listing on binance what happen..!!! so if you are not trader just buy it in different step and hodl!!! after that u touch moon sooner as you think...
SQRUSDT SPOTThe token is evidently consolidating within a favorable accumulation range. It's currently shaping a bullish pennant pattern, and in the forthcoming days, we'll witness whether this trend will result in a breakout from the triangular formation. The current market conditions strongly indicate a potential long-term bullish trajectory.