SQD trade ideas
Iron Condor on SQThis is over earnings. The 90/95 bear call spread is above the 100 sma on the monthly.
The 60/55 bull put spread is below the 100/200 sma on the daily and 100sma on the weekly
Simply expecting NOT a huge gap on earnings and allow the IV to fizzle out on this one. Since we are getting $1.00+ on a $5 margin, this is 20% ROR
:)
Going for 1.02 of credit :-)
SQ, trying to clear anchored vwap from IPO. we will seelike i said , "SQ, trying to clear anchored vwap from IPO. we will see"
not financial advise just my observations
Long On SQIf Candle Closes above resistance, we can see 130s by the end of the year!
Exciting times!
H&S unfolding on $SQPotential pattern forming. Bullish move will invalidate pattern. I am short to the neckline with a tight stop.
Looking for an immediate put swing on SQ!🔉Sound on!🔉
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SQ both waysDropping this here to see how it plays out. this is prob one of the greatest features of tradingview. its almost like a journal for these things
ofc everything depends on premarket but my play is on the chart lets see what happens
Bitkey Revolutionizes Bitcoin Custody with New Hardware DeviceBitkey, the innovative self-custody bitcoin wallet developed by the Proto team at Block, Inc. (NYSE: NYSE:SQ ), is poised to transform the landscape of bitcoin ownership and management. With the commencement of shipping for its first hardware devices and the introduction of advanced security and recovery features, Bitkey empowers users worldwide to securely own and control their bitcoin assets. Let's delve into the groundbreaking developments and the impact they have on the cryptocurrency ecosystem.
Enhanced Security and Recovery Features:
Bitkey's mission is to simplify self-custody while prioritizing security and accessibility for users. The latest updates include innovative features such as Trusted Contacts, enabling users to designate trusted individuals who can assist in account recovery. Additionally, the Emergency Access Kit provides a fail-safe mechanism for recovery in unforeseen circumstances, offering peace of mind to users.
User Feedback and Testimonials:
Early adopters of Bitkey have lauded its simplicity and robust security measures. Jacob B. from Mexico praises Bitkey's user-friendly interface coupled with robust security, emphasizing its potential to onboard new users to the world of bitcoin seamlessly. Australian photographer Georges F. commends Bitkey's ease of setup and multiple notification systems, underscoring the importance of redundancy in safeguarding assets.
Seamless Integration and Accessibility:
Bitkey aims to bridge the gap between traditional fiat currencies and the bitcoin ecosystem. Through strategic partnerships with Cash App and Coinbase, users can effortlessly transfer and now purchase bitcoin directly from the Bitkey wallet. These partnerships represent the first of many planned integrations, signaling Bitkey's commitment to enhancing accessibility and usability for users worldwide.
Technical Analysis
Prior the news of Bitkey Shipping, Block share ( NYSE:SQ ) was up by 6.7%, with a Relative Strngh Index (RSI) of 70 ( NYSE:SQ ) is currently riding on the bulls.
Global Reach and Adoption:
With availability in over 90 countries, Bitkey is poised to democratize bitcoin ownership on a global scale. The rollout of hardware devices and the Bitkey app across app stores further expands its reach, enabling individuals worldwide to take control of their financial future with confidence.
SQ - Breaks above weekly EMA100. Can break above 92 ? SQ - Right and Left shoulders almost similar width.
👍 Weekly Slow turtle signal has triggered.
👍 FiFT is +ve with Higher High.
👍 MCDX Retailer is below 10% ..
👍MCDX Banker is above 50% and Strong.
Next :-
Need to stay above 100 EMA lines
Then breaks above 92-94
Look for break and retest 92-94 to add position.
SQ Pushing Downward Resistance. Time to Finally Break Out?SQ is testing this downward resistance it's been stuck under since about May 2022. This is the fifth attempt at a breakout, so you have to wonder if it's finally time. Creating a bit of a cup and handle on the daily chart, and now comfortably above the 200 EMA. A high volume break or a red to green open should send this above resistance. Initial targets $90 and $100
Upside on SQtaking a look at NYSE:SQ on the daily as well as the 4 hour looks good for a breakout
see a spring then the bulls were too strong to even let it backtest previous levels.
they did however leave a gap in the middle there but momo may be too strong to even care
the way this market is going idk what its going to take for a change in sentimet.
20% upside before profit taking. break that though? Clear Blue Skies for this ticker.
Should be a one to watch
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.
SQ short mid termone more re-test of incline RSI trendline
This stock has been developing bullish divergence for quite some time
on the mid-term therefore am expecting another re-tracement to touch the supportive RSI incline
I think after then that will be a new low and will create sufficient bullish divergence to send the stock up on its final launch on a good long opportunity
SQ Target $190Price broke out of parallel channel and closed above resistance with a bullish hammer candlestick on weekly timeframe.
Fundamentals seem positive.
Target $190
Weekly Breakout Setting UpLarge weekly timeframe accumulation base has developed in SQ. Watch for the potential breakout of this base.
SQ Break out in Daily chartSQ Formed inverted H & S Pattern expecting to stock reach around 120 if it sustain above 80
SQ - LONGenter price -71.63
stop loss -88.07
take profit -38.49
(weekly)
DETAILS: i noticed the price is inside a tunnel and below the ema 200,
the price got to resistence line and a strong resistence area
the price tried to break these areas 3 times and lines (we can see it clearly at the red line of the swing 10 high )
waiting for confirmation ( big red candle with strong volume)
SQ's rally looks unstable and weakSQ's recent rally shows weakness and not founded on solid reasoning. Current price level appears risky.
SQ had a good rally from Oct to Dec and contracted a fair amount and held. Later on....
SQ had bad earnings
NVDA a very unrelated stock had great earnings pushing SQ up
Recent gap up is clearly irrational
Recent rally is unstable and should expect a contraction in the nearish future
Will SQ ever add BTC to it's balance sheets?I, and most people I know use cash app, right?!
Jack Dorsey, CEO of SQ, has long been a Bitcoin Maxi. Notice how CashApp only deals in BTC, and not those alt-coins that you can just create out of thin air.
Dorsey regularly speaks at BTC conferences and was even seen wearing a Satoshi shirt on two back2back SuperBowls.
Even looking at CashApp as a place to get your direct deposit, have a cash card, and a separate savings account with 4.5%; it makes all the sense to not be bullish on SQ. I mean, my personal bank I've been using for years (TD) offers a savings account rate that starts with a decimal. (0.05%).
The bonus offers like 4% here and 5% back there can all add up at the end of a calendar year.
There's no monthly fee to keep an account with them either.
The price is ranging atm, between $53 and $90 per share. If Dorsey can come out and add BTC to its balance sheets to generate profit AND to fulfill future customer demands, I think SQ can peg itself to the 2024-25 bull run and take off. We shall see.
SQUARE ($SQ) bullishIn the weekly chart of Square, a significant pattern known as the Reverse Head & Shoulders has emerged, signaling a potential bullish reversal in the stock's price trajectory. This pattern typically consists of three troughs, with the middle trough (the head) being lower than the surrounding peaks (the shoulders). In the context of Square's chart, this pattern suggests a shift from a bearish sentiment to a bullish one. Analysts interpret this formation as a sign of accumulation by investors and a possible trend reversal. The projected target for the potential upward movement indicated by this pattern is approximately a 90% gain, with the stock price potentially reaching around $140. If this pattern were to materialize as anticipated, it could signify a significant opportunity for investors to capitalize on the expected upward momentum. However, it's crucial to consider other factors such as market conditions, company fundamentals, and broader economic trends before making any investment decisions. As always, investors should conduct thorough research and consult with financial professionals to make informed choices aligned with their investment goals and risk tolerance.
