UBQBTC
UBiQ- B2B Smart Contract - Undervalued - The chart is showing strong positive sign for growth in 2018. One of the biggest emerging Canadian exchange showed interest to add UBIQ in fiat pair which will boost the price up to . The real money in Crypto is for B2B solutions that's why UBiQ understand the supply and demand economy of coin. The UbiQ only have 38 Million coin with such small supply, the price gain can be huge for the coming year.
As per July reports, 12 million Canadian people owned crypto which can be 20 million by now . A boost from Canadian market can be easily seen next year on following coins. Ubiq could be one of the top pick for 2018.
-Ethereum
-Kin
-QASH
Ubiq is a decentralized platform which allows the creation and implementation of smart contracts and decentralized applications. Built upon an improved Ethereum -1.42% codebase, the Ubiq blockchain acts as a large globally distributed ledger and supercomputer, allowing developers to create decentralized and automated solutions to thousands of tasks which today are carried out by third party intermediaries.
blog.ubiqsmart.com
blog.ubiqsmart.com
github.com
ubiqscan.io
ubiqsmart.com
Keep an eye on UBQ--AIRDROP They will be distributing "vote" tokens to all UBQ holders on January 1st, 2018.
This is essentially an airdrop.
Apart from Strong technicals pointing to upside and an incentive for people to buy (airdrop). The more I research UBQ the stronger I feel about its long term efficacy.
This is from their blog post,
"We’ve been advising a new exchange startup in Canada, Einstein Exchange. They are unique in that they’ve partnered with a major bank in Canada to allow a reliable on-ramp and storage of fiat currency. "
-- a fiat onramp exchange other than Coinbase and bitstamp is huge. Especially considering Einstein exchange offers twice as many cryptocurrencies than these leading exchanges.
Daily View
Sources
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blog.ubiqsmart.com
UBQ - a smart contract platform more stable than ETHSo, a bunch of cats crashed ETH. And now people are looking for a new smart contract platform. UBQ has many tokens using its chain already, and more to come in the future. With ETH crashing constantly, and becoming so congested it can't be used, it's hard to see how it could be a platform suitable for mainstream adoption. UBQ, on the other hand, works on stability for enterprise level smart contracts. I'm holding a bunch into the new year.
UBQ 1D Chart 3 December 2017There's our next chart coming up, the UBQ Chart on the 1D Timeframe.
As you can see, this one has retraced very hard from the big spike in June earlier this year. Placing the fibonacci on the top of leg B (with starting point on the beginning of this spike), we see that it's landed on the important 1.618 fib level of retracement. There are literally two ways it could go. From here on, I"d say to buy on the 1.618 level as it will probably bounce another time on this level (as this is a major fibonacci level) and I'll place my stoploss just below this level.
The two ways it could go:
- Retracement can be over and from here on we'll see some upward movement and possible breakout out of this pennant.
- As we came into this pennant from an higher point, it's pretty likely we'll drop down even more. As I sincerely like this project, I'm hoping that this won't be the case.
We'll be updating this chart in the coming weeks and improving it.
UBQ bullish divergenceI noticed that the price formed a good support and I think this could be an excellent area for buying.
In support of this, I also noticed the bullish divergence, as well as the positive dynamics of the oscillators.
Nevertheless, I recommend buying from the level of 0.00017
The target is 0.0002-0.00024 ... and maybe 0.00037
stop-loss 0.000145
UBQ-BTCUbiq 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.