Bullish SQR Missions and StakingThe hint to maintain Bullish on SQR token it participate on Magic Store Missions and Stake at Dao Maker with good APR and too on Magic Store! Let´s bullish too with this amazing community project!
Magicstore
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.
SQR - LONG - YES!!
On the daily charts, the RSI 14-50 section finally turned green, the support below is strong, I expect the movement to continue upwards in the fib rate resistance fan range I showed.
(No ideas I publish are investment advice.)
Global opinion on the $SQR tokenTechnical Analysis
As for the technical analysis of the GETTEX:SQR token, we looked at the recent volume and the ascending triangle.
As you can see, the volume of the sell/buy bottom has increased significantly over the past few weeks.
This happened because Magic Store has launched a global AirDrop of this token for users who buy GETTEX:SQR token and block within 30 days to receive the reward from AirDrop.
Fundamental Analysis
Fundamental Analysis
This happened because Magic Store has launched a global AirDrop of this token for users who buy GETTEX:SQR token and block within 30 days to receive the reward from AirDrop.
In line with this, the validity of this token has increased significantly as more and more people are involved in the rewards.
Additional:
During this week (26.02 - 03.03), GETTEX:SQR token will be listed on most of the major exchanges and will be available for trading.
Here is my opinion on this token:
I believe that this is a very promising token to make money on, and I predict the price to be around 0.7-0.8 after March 03.
Recommendations:
Wait for the price to pull back around 0.51 per 1 GETTEX:SQR token and open a long position with a stop loss at 0.49$ and take-profite 0.75$
