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...
Ubiq is testing another resistance at 40k sat. Potential breakout up to 161% Fib level! Recent buys are supported by volumes. -Crossing EMA - MACD Crossing 0 - Crossing blue support
It seems to have broken out of the triangle. However, set a stop loss to prevent in case it gets back into the triangle. Have a good trade!
Updated 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,...
Just a simple fractal idea. The accumulating volume is a really good indicator for this one. That is all.
The chart is showing strong positive sign for growth in 2018. One of the biggest emerging Canadian exchange showed interest to add UBIQ in fiat pair which will boost the price up to . The real money in Crypto is for B2B solutions that's why UBiQ understand the supply and demand economy of coin. The UbiQ only have 38 Million coin with such small supply, the price...
MACD bullish crossover soon. RSI is almost oversold. Confirm reversal with oscillators and a beautiful green candle. 2x in mostly in 25days.
They will be distributing "vote" tokens to all UBQ holders on January 1st, 2018. This is essentially an airdrop. Apart from Strong technicals pointing to upside and an incentive for people to buy (airdrop). The more I research UBQ the stronger I feel about its long term efficacy. This is from their blog post, "We’ve been advising a new exchange startup in...
UBIQ soon! With short term targets @ 1 & 2.
Is there finally a trend reversal in Ubiq? Broke through downtrend, indicators looking bullish. Or am I totally wrong?
Profit taking at boxes. We reached the buy level and price action is getting squeezed. Time to break out.
I think the ubq chart looks good, how about you?
UBQ is nearing its support line and nearing the end of its bull pennant.