$SQR breaking up from weekly consolidation

27 февр.

A week ago SQR broke out of a long downward trend, finding support and then moving in range for another week. On Monday it moved up from the range then on Tuesday morning it retested the upper level of this range to finally shoot up 15% :) It has retraced since reaching the top at around 0.66. Right now it seems to find a support at around 0.5 fib that is 0.61 USDT but I believe it will still go down a bit further to 0.6 or 0.59 and then continue the upward move towards next level and resistance at 0.7 USDT. I keep my fingers crossed.