High Five Setup Alert on Block $SQ !! 84% Upside!🔥 Square ( NYSE:SQ ) Ready to Skyrocket! 84% Upside! 🚀
I posted this earlier, but a couple of people requested a video analysis on Square (BLOCK), so here it is; enjoy!
📢 High Five Setup Alert on Block ( NYSE:SQ )!
My H5 Indicator is flashing green, signaling a prime opportunity to take a position in SQ!
Key Highlights:
Bullish Breakout: We’ve broken out of the Bullish Falling Wedge pattern and successfully retested.
Volume Ignition: Launching off the volume shelf with a volume gap to fill, setting up for a powerful move.
📈 Price Targets:
Primary Target: $149
Main Move Target: $162
This setup is primed for action! Will you be adding
SQ
to your watchlist? Stay tuned for more insights!
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Stay updated with weekly trade ideas using my HIGH-FIVE SETUP trading strategy. Don’t miss out on the next big move!
Square
SQUARE is retesting the Inverse H&S before heading 80% higher! NYSE:SQ SQUARE (BLOCK) is retesting the Inverse H&S before heading 80% higher!
The trading gods have blessed us with a pullback to around $90ish, as requested. This is the retest of the Inverse H&S pattern.
-H5_L indicator is GREEN
-Already broken out of falling wedge.
-Launched off Volume Shelf and filling the GAP.
-Fintech is starting to run
-Stage 2 is just starting!
Buying more here!
🎯$110
🎯$149
🎯$162
NFA
Square ($SQ) Set to LAUNCH! 84% Upside!🔥 Square ( NYSE:SQ ) Ready to Skyrocket! 84% Upside! 🚀
📢 High Five Setup Alert on Block ( NYSE:SQ )!
My H5 Indicator is flashing green, signaling a prime opportunity to take a position in $SQ!
Key Highlights:
Bullish Breakout: We’ve broken out of the Bullish Falling Wedge pattern and successfully retested.
Volume Ignition: Launching off the volume shelf with a volume gap to fill, setting up for a powerful move.
📈 Price Targets:
Primary Target: $149
Main Move Target: $162
This setup is primed for action! Will you be adding NYSE:SQ to your watchlist? Stay tuned for more insights!
👍 Like | Follow | Share 👍
Stay updated with weekly trade ideas using my HIGH-FIVE SETUP trading strategy. Don’t miss out on the next big move!
BLOCK INC $SQ #SQ Inverse head and shoulders could see $200In the fast-paced trading scene, the inverse head-and-shoulders pattern is a key sign for spotting bullish reversals. This pattern features three distinct dips: a lower "head" nestled between two higher "shoulders." When the price breaks above the "neckline," it hints at a possible change from a downtrend to an uptrend.
Traders usually jump in at this breakout point, placing stop-loss orders just below the right shoulder. They also rely on technical indicators like moving averages, the Relative Strength Index (RSI), and the Moving Average Convergence Divergence (MACD) for extra confirmation, creating a well-rounded strategy to seize these trading chances.
Key Takeaways
The inverse head and shoulders pattern is just the upside-down version of the regular head and shoulders.
It can help forecast reversals during downtrends.
Once this pattern is complete, it indicates a bull market ahead.
Investors often take a long position when the price surpasses the neckline resistance.
SQ - Square LongSQ is showing accumulation within this broadening structure.
We're looking for a higher low to change this bearish trend on the smaller timeframe and then can set up with a stop loss below the support.
The current low here could become a partial rise which would give this structure a 70% chance of breaking to the upside as per Bulkowski.
We await the higher low and monitor closely.
#SQT/USDT#SQT
The price has broken the descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.00490
Entry price 0.00500
First target 0.00552
Second target 0.00582
Third target 0.00621
#SQT/USDT#SQT
The price is moving in a descending channel on the 12-hour frame and is sticking to it to a large extent and it was broken upwards
We have a bounce from the lower limit of the channel at a price of 0.00367
We have an upward trend on the RSI indicator, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.00380
First target 0.00415
Second target 0.00447
Third target 0.00490
SQ Block Options Ahead of EarningsIf you haven`t sold SQ before the previous earnings:
Now analyzing the options chain and the chart patterns of SQ Block prior to the earnings report this week,
I would consider purchasing the 60usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $3.72.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
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.
SQ Block Options Ahead of EarningsIf you haven`t sold SQ before the previous earnings:
Then analyzing the options chain and the chart patterns of PSQ Block prior to the earnings report this week,
I would consider purchasing the 72.50usd strike price Puts with
an expiration date of 2024-6-21,
for a premium of approximately $5.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Block $SQ - When will SQ flip to the upside?Block NYSE:SQ - Block has been consolidating in this 50% zone for some time now. We are looking to see if it can flip to the upside of that zone. If it can flip to the upside, then there is 250% potential move to the all-time high. Block is one to keep an eye on.
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.
PAY YOUR PAL - WITH GAINS? EARNINGS CHART & TRENDSI could see it playing out something like the ghost feed, but idk yet.
Watch the trends, watch the breakout from that strong resistance, look for a rejection coming from that strong resistance. This is a great long position, especially should we see that 45 mark.
Not much else to explain.
2022: The year of Jack DorseyAfter leaving Twitter to solely focus on Bitcoin, I believe the re-brand of Square to Block is going to be huge in terms of direction for the company.
Bullish on Block, one of the largest Bitcoin focused companies paving the way for mass adoption.
This is the next generation of banking.
Don't underestimate the Jack.
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.
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.
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!
SQ: Inverted Head and Shoulders and Bullish Bat at 0.886 RetraceSquare is currently trading at the macro 88.6% Fibonacci Retrace and has formed a Bullish Bat on the Daily all while forming an Inverted Head and Shoulders Pattern and now we are looking to see if we can break back above the 88.6% Retrace and challenge the neckline; if we do then I wouldn't be surprised to see it rally back up to where it dumped from originally.