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[UBQ/BTC] A GOOD SPOT FOR LONG TERM PLAYS [ 100-400% POT PROFIT]

BITTREX:UBQBTC   Ubiq / Bitcoin
#UBQ / BTC ( Bittrex )

Buy Range : 0.00008000-8100
Stop Loss : Not recommend

Target 1 : 0.00010850
Target 2 : 0.00016980

Bullish Targets

Target 3 : 0.00028271
Target 4 : 0.00041830

DAILY CHART

- RSI downtrend has been broken ( Positive )
- RSI going up while price remains sideways ( Positive )
- RSI touched oversold zone ( Positive )
- MACD starting to show strenght ( Positive )
- CMF is scaling up while prices stays sideways ( Positive )
- Below moving averages ( Negative )

4H CHART

- Above EMA20/MA50 ( Positive)
- Near to touch Ichi cloud and probably break it soon ( Neutral )
- Some positive volume spikes ( Positive )

CONCLUSION

UBQ is an undervalued coin which could be bottoming soon or late. Since two weeks ago this coin looks sideways and accumulation with very low volume .

The good news is some indicators started to looks good but this won't be enough if market dont turn into bullish mode.
On the other hand, this coin could need more time to accumulate but these lower prices could be a good place to stay and wait even if this coin suffer any other dip.
Trade active: Target 1 was reached. 35% profit given

Comments

Let's see how it goes!



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