Dangermousebanana

UOS cup & handle pattern

Long
BITFINEX:UOSBTC   UOS / Bitcoin
UOS is one of the stronger low cap coins !!
It is forming a beautiful cup & handle pattern against BTC.
That means that we are in for strong gains once this pattern resolves....
And it seems that it will do so quite soon !!!
Trade active:
UOS broke down under support, but it happend already several times to fool people out of the trade. UOS is a long term hold !! Only 12 million MarketCap !!
Comment:
This one got rejected by resistance (former support). Not looking very strong at the moment.
Trade active:
This seems to develop in a false break down.
UOS is turning upwards after having hit strong support at 400 satoshi area !
I guess it will make a very bullish around the apex move of the bullish wedge !
I could very well regret having litten up some 20% of my position in this coin....
Time will telll...

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.