UBQBTC trade ideas
New long entry UBIQ (bullish flag)Bullflag on 4hr chart!
Price found new support at 35Ksat level combined with 250-day MA! (Note: this is very bullish)
Price found resistance at 44Ksat level(with some fib retracement). Breaking above 44-45K will likely result in a new leg up towards the next target in 54-56Ksat range.
Pending buy orders above 44K sat.
Technicals:
- Increasing volume
- Falling wedge reversal (broke out of red line)
- Beautiful symmetry May 2017 (bullrun)
Fundamentels:
- 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:
- 0.00037, 00045 (reached)
Longer term:
- 0.00056
- 0.00089
- 0.00126
Ubq closer to next leg upUbq is poised to retrace to .00055 and above. The process will confirm the continuation of this market cycle for this coin.
Short target - .00045
Mid Target - .00058 - .0008
Long Target - .001
Momentum is building and the symmetry to the June cycle is all to familiar. If $etc can trade 25+ then $ubq is due for much higher than .001 imo.
UBQBTC Falling WedgeUBQ is close to the lowest its been in a while and has been in a steady falling wedge. Just barely broke the trend line, and on the MFI there has been some steady uptrend momentum despite the downward trend. Not to mention I like this coin's future long term as well, should be an interesting next few days. Comments/ suggestions appreciated.
UBIQ taking-off soon? Ubiq broke out of a long downtrend on a healthy volume.
Price found resistance at 35Ksat level combined with 250-day MA .
Price found strong support at 23Ksat combined with 100-day MA.
Price should break above 35K sat to open a new long trade.
Technicals:
- Increasing volume
- Falling wedge reversal (broke out of red line)
- Beautiful symmetry with may 2017 (bullrun)
Fundamentels:
- 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:
- 0.00037, 00045
Longer term:
- 0.00057
- 0.00089
- 0.00126
UBIQ BuyUbiq is showing plenty of bullish divergence. It recently bounced of a strong support line at 10.5k sats so expect this to rise from here, but place a stop in case. I'll be looking to scalp this for about 130% as the target price is a pretty strong resistance. This was also the area that the price rocketed from last time so accumulating here would have a very healthy risk:reward. As always will be keeping profits in just in case
$UBQ Ubiq updated targetsUpdated my fractal setup, put the targets (red boxes) on indicator convergences (VPVR, previous resistance/support, ichimoku and fib retracements). I will leave some on the table because this is a great project and is highly undervalued in my opinion.
- Token distribution coming on the first of january.
- Looks to be a more stable Ethereum for Virtual Machines, which is attractive for startups that want to build on an ethereum network