Ubiq 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.
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.
Trade active:
First Target achieved at 0.0001735
Bounced multiple times along that resistance line.
BTC being bullish has pushed many alts in a downward trend.
Ubiq, found support and formed a rounded bottom. If we can replicate this, to form a double bottom, we should see a huge spike back up toward that resistance line at 0.0001735.
Keep an eye on this.
First Target achieved at 0.0001735
Bounced multiple times along that resistance line.
BTC being bullish has pushed many alts in a downward trend.
Ubiq, found support and formed a rounded bottom. If we can replicate this, to form a double bottom, we should see a huge spike back up toward that resistance line at 0.0001735.
Keep an eye on this.