Looks as though the price of UBQ is getting ready to launch.
We can see that price is pushing up against the resistance from the diagonal trendline AND the 20 . There's been a lot of buying over the past week too, so its only a matter of time.
Reasons for trade
- Price has broken the trendline and is retesting as support (4hr)
- False break
- Double bottom (almost)
VPVR shows that there's not a great deal of resistance likely once we break above the 50 and that could be explosive for price - a potential 80% return!
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