Pijnacker01

BitTube's TUBE and the new upward channel

Long
BITTREX:TUBEUSD   None
Back in early September we showed the the trend lines channel that TUBE from video upload site BitTube was in. That has gone nicely. Still need to see the break of 12 cents is my guess. In any event, in the mean time it looks like a nice new upward channel has fully developed. That is highlighted in the updated chart here. Also my projections with the green arrows. Alternatively, if we do not break above the low $0.12 area, then we could first see a 3 wave correction further down before heading up again.

Perhaps we'll see $0.20+ before the end of the year! If BitCoin explodes up though, so will $TUBE, so it could get interesting! In any event, my uneducated guess is up, up and away for BitTube's TUBE crypto!

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.