Ubiq / Bitcoin
Long
Updated

Possible UBIQ Buy signal

328
Ubiq appears to be bouncing off of the .00614btc support after it hitting a double top. MACD is not signaling to buy just yet, but a crossover to show upward momentum will be a positive sign to open up a short-term long trade. Another buy signal would be price bouncing off the lower trend line, just wait 2-3 candles for confirmation. {Price target .0072BTC} On the bearish side, if we breakout below the trend we could break support and test the .0055btc levels so a tight stop is recommended.


-Constructive criticism welcome, help me become a better trader!-


Order cancelled
Never got confirmation

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.