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.
Trade active
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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.