UBQ-BTC
Updated
Ubiq forming into an ascending triangle.
Support Lines are ascending.
Sell Point: 0.0001735
Sell Point : 0.00018905
Possible support line : 0.00016790 ( Was previous resistance levels)
If it turns to a downward trend, nearest Support Level : 0.00016025
Support Line : 0.0001525 Black Line
Red Arrow shows breakthrough wedge
Pink Lines are trend lines
Always set a stop Loss.
Support Lines are ascending.
Sell Point: 0.0001735
Sell Point : 0.00018905
Possible support line : 0.00016790 ( Was previous resistance levels)
If it turns to a downward trend, nearest Support Level : 0.00016025
Support Line : 0.0001525 Black Line
Red Arrow shows breakthrough wedge
Pink Lines are trend lines
Always set a stop Loss.
Trade active
First Target achieved at 0.0001735
Bounced multiple times along that resistance line.
BTC being bullish has pushed many alts in a downward trend.
Ubiq, found support and formed a rounded bottom. If we can replicate this, to form a double bottom, we should see a huge spike back up toward that resistance line at 0.0001735.
Keep an eye on this.
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