Ubiq / Bitcoin
Long

UBQBTC - Possible Breakout

189
Usual disclaimer: big movements in BTCUSD invalidate any technical analysis of altcoins given how closely they follow BTC.

UBQBTC bounced very convincingly from the support I've drawn and is once again poking at the resistance of the triangle.

I expect a small retrace from current levels and then another test of resistance, which it looks keen to break through.

If this happens, I'll re-chart the next steps e.g. next resistance et cetera.

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