Two possible paths for $UBQ
Updated
Outlined here are two possible outcomes for UUBQ in the coming weeks and months.
- Option 1 is based on the equilibrium of the weekly breaker holding
- Option 2 is based on the equilibrium failing and the big money looking to take the stops below 25k into the lower weekly breaker. There is a small void between the last swing low and the April high at 23.5k which could get filled
- Option 1 is based on the equilibrium of the weekly breaker holding
- Option 2 is based on the equilibrium failing and the big money looking to take the stops below 25k into the lower weekly breaker. There is a small void between the last swing low and the April high at 23.5k which could get filled
Note
Option 2 seems to be the winner! 23k stops have been taken so now we wait and see if it starts pushing upNote
Adjusted the green buy zone. Loading up in this area
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