Movement 2 - Fail to break through 0.786 resistance and drops to support A before making another run to test resistance - After touching support line A, it will begin Movement 1.
Buy Zone - 21k-23k
Stop Loss - 20k (10-15% loss)
Sell Targets - 28k (10-30% profits) or 43k (80-100% profits)
Movement 3 - Support line A doesn't hold, it will find next support at support line B - Support line A is now resistance - If breaks through support line A, proceed on to movement 1 and/or 2.
Buy Zone - Accumulate 16k - 20k
Stop Loss - 14k (10-15% loss)
Sell Targets - 28k (70-100% profits) or 43k (200%-260% profits)
Would you buy now? It has a small support at 145k. Better to see what happens and decide?
thanks!
isaaczcrypto
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@TocalaSam, Hello!! 0.00010000 satoshis is really strong bottom. Getting it now would be pretty cheap! However, SegwitX2 fork is still a week or two away. ALTs might still bleed out and BTC might find more strength to continue upwards.
I would set a buy order if you'd like to get UBQ for the long hold at around 10k-12k. 17k is the next resistance. It needs to break out above it and turn wait for support confirmation. :D
Do also research on any upcoming big news on UBQ and charts will tell a better story on whether it will be bullish or bearish.
thanks!