BITTREX:UBQBTC Ubiq Trade Idea 23 January 2018 [UBQBTC]

in #blockchain7 years ago



BITTREX:UBQBTC Ubiq Trade Idea 23 January 2018 [UBQBTC]





A chart for Ubiq             today, which is one of my favourites.
What do we see? It retraced all the way down from the ATH             in June, which was around 100K sats             . Firing up a new cycle and broke the mean trend line already. Currently in the making of a bullflag, broke the big resistance and found this as a support. EMA's are crossed as well, MACD turned positive and RSI staying around the 50 level.

What do we expect? A new cycle coming months, ending in an new all time high. So I'm holding this one for some months.


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