UBQBTC trade ideas
UBQ Correcting healthy; preparing for next moveUBQ as a coin separate from TA has tons of potential for growth. Its use as an ICO platform similar to ETH has barely been tapped into.
Now with TA; Assuming the bare minimum return to previous ATH, UBQ is finishing up corrective second wave of five that leads to the top(IMO ATH is more than expected.)
The correction might seem steep but as you can see it is a simple ABC correction pattern and very easy to lose sight of when watching the 5 minute charts. Lower lows indicate the squeezing triangle pattern, and once this finishes a breakout to the upside would signal huge growth potential. Remember; UBQ still has a market cap of around 100mil, making it settle somewhere on the second page of coinmarketcap. Believe me, this coin has potential.
Now if you'll excuse me I am currently at Timberline Lodge and early want to enjoy the sauna.
bullish flag is forming on UBIQ (UBQ) 4h chartPossible breakout from bullish flag at 4h UBIQ chart.
Resistance is at 50k and if that gets broken the next target is 55k (next Fibonacci level).
It is not overbought (RSI is very low).
According to market cap, UBIQ is very small and there is a plenty space for further growth!
UBIQ LONG - Ascending ChannelLooking at UBIQ:
It broke out a long downtrend and it hasn't yet rised like the other alts.
It seems to be forming an ascending triangle right now, which is good if the price stays in the channel. It's even better if it breaks out the resistance.
RSI looking a lot better than earlier, it's on a trendline right now and if it respects it that's a good sign. It did a kumo edge to edge and this was a great swing trade opportunity. TK cross also occurred in the cloud which is a normal bullish signal. I'm also seeing a hidden bullish divergence. The price makes a lower low but the RSI shows a higher high which means there's more strength in the trend.
I like this as a medium/long-term hold so entry around 40 - 45k.
These are potential price targets.
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UBIQ break out!(Best pick 2018 according to 21 Crytos)Chart looking very good, bullflag might break out soon (Ichicloud support very tight around breakout point).
Watch for 43K sat level to break!
Strong support at 27K sat.
Technicals:
- Increasing volume
- Falling wedge reversal (broke out of red line)
- Beautiful symmetry with may 2017 (bullrun)
Fundamentels:
- Best pick 2018 according to 21 Cryptos
- Blockchain company of the year (Canada)
- New exchanges (Einstein exchange, a large upcoming Canadian exchange)
- Trezor/ Ledger integration
- Tokens swapping over to UBIQ blockchain
- Community tokens airdrop
Main targets:
Short term:
- 0.00062
Longer term:
- 0.00057
- 0.00096 (ATH)
- 0.0012
UBIQ UBQ/BTC Bittrex Trend Analysis and Growth PossibilityUBIQ is now in Support Zone
UBQ/BTC in 4 hr chart STOCH RSI is trying to move on.
Very Bullish Trend.
It's for Long Term.MY Every Call will achieve after 10year.
I am Buying Now @35500-36000 Current P{rice.
Target ?
It's ur choice.
Depend on Market
Tip Me BTC - 3HcdJgjqEMyUGaHRx2sHz5NwRrwNihJTfc
ETH- 0xE3E311a90b0d0A4076652E70790c3d62868d6024
Thank You
UBQThis is why you always start by looking at the macro, then go micro.
Bearish: 3D and 1D charts show massive resistance trendline where recent highs were. Top of Kumo cloud also sits there.
Bullish: Recent 1D and 4H trends are bullish, KD cross on StochRSI, RSI staying above 50 and cloud is about to turn green.
Overall this is a long term bearish trend with a bullish trend inside of it.
A break of the long term downward trend could allow us to test the 64k resistance and then the ATH levels.
A break of the shorter term bullish trend could allow us to fall to previous resistance turned support as well as the buttom part of the cloud.
UBQ Heading UpwardsUBQ (one of my favorite alts going into 2018) looks poised to go up after this long horizontal display. At the time of this writing, UBQ is at $5.9 but I see it going to $7 before the end of the month. UBQ's platform rivals ETH and has great opportunity for developers in the dApp sphere. Rumors have surfaced that scalability might be an issue for ETH (though I doubt it), however, in case this is the situation, I like what UBQ offers businesses.
I'll post updates as I see them on UBQ. I like seeing along horizontal trend like this for long-term holders.
Ubiq moon mission?We are looking at the logarithmic chart of Ubiq vs. Bitcoin here.
Ubiq is an ICO platform and currently, in my opinion, heavily undervalued. There was little talk about this coin recently, that's why I am extra bullish on this one.
If we manage to break that purple resistance line and find support on it, we could see something similar that happened in late May 2017, and that's at least a 5x increase vs. Bitcoin.
On the linear chart, we already broke the downtrend and found support on it. Looks like it could go +/- sideways for a few days before major breakout.
The logarithmic Ubiq / USD daily chart suggest a heavy price increase as well, since the logarithmic resistance has been broken and we are slowly finding support on it now.
Setting targets here is difficult, but this thing will most likely shoot up like crazy in the coming weeks.
Good luck