The stock remains in a bullish trend for the past days. And is not showing any sign of weakness in its volatility. This is so because the market is sitting in a comfortable bullish zone.
Supply levels: $75, $79, and $83
Demand levels: $70, $66, and $60
SQ Medium-term Trend: Bullish
The medium-term trend of the coin is bullish; the market price now is above the resistance price level of $70 and is pushing further to the next price resistance at $75, and if possible to a higher price resistance of $79 or above.
A closer look at the chart shows that the price is above the 50 Exponential Moving Average, as well as the Parabolic Sar indicator.
SQ Short-term Trend: Ranging
The short-term outlook is a counter market, the price is lying on top of a resistance level, but the price is hovering within that region for a possible bullish continuation.
The 4-hours chart is above the technical indicators present. The 50 Exponential Moving Average has crossed and the parabolic indicator is also, showing a bullish trend, however, the price is still trailing close to the indicator, thus signaling a flat.
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