Trading is not easy at all until leaving your emotions at the door! For mastering the charts ? You must review over thousands charts! And, sleepless nights!
Let's review my friend Alex's coin UBQ!
Ok, It is a legit project. However, They dont have a strong team since Julian left Ubiq for Bittrex, Local Canadian Exchange - Einstein Exchange is working with this coin closely.
The coin is dying slowly. Most of alt coins will die. Ubiq as well? Depending on how long bear market continue.Thanks to Julian, It can stay at Bittrex for a long time!
If you are buying this coin right now, You dont like MONEY! ( Unless, You are insider ) If you are holding this coin right now , You are taking a huge risk & You are loosing other opportunities!
Not for this coin, You should wait the right confirmation to buy / trade coins.
1 ) As long as 1D candle is open close below inside the downtrend lines , it is Bearish! 2 ) Strong Support Level - A broken, The coin lost 70% value . If the coin breaks the Support level -B , The next target will be " I " . It will lose around 40% value from this current level. 3 ) The worst scenario ? The coin goes to " 0 " but before that It will visit other support levels on the chart.
When should I buy this coin? When is the next bullish movement starting?
1 ) MA 50 will be above MA 100 and 1D chart will be above MA 20. 2 ) 1D candle will be out of the downtrend lines.
Your objective isn’t to buy at the cheapest price or near the low, but to begin buying at exactly the right time, when your chances for success are greatest. This means that you have to learn to wait for a crypto to move up and trade at your buy point before you make an initial commitment. If you work and cannot watch the market constantly, small quote devices or quotes available on cell phones and Web sites will help you stay on top of potential breakout points.
In the crypto market, and success has nothing to do with listening to tips from other people or being lucky. You have to study and prepare yourself so that you can become successful on your own with your investing. So make yourself more knowledgeable. It isn’t easy at first, but it can be very rewarding. Anyone can learn to do it. You can do it. Believe in your ability to learn.
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Hey Guys,
I started to be more active on twitter. Let's get connect there as well.
What is your current idea about this coin?
I holding few thousands of Ubiq, and I'm getting confused about this coin. I still patient, but from long time ago just going down the price of the coin.
Now it is look like, the coin in a "almost pumping" zone, but MA50 is still under MA100 in daily chart.
CryptoEngineering
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Hi @trebor27,
Let's go step by step to review Ubiq .
1 ) Since the beginning of 2018, The downtrend broken on March 4, 2019 . It is the #1 bullish thing>
2 ) On Ubiq / BTC chart , the coin touched MA 200 and so close to get a bullish sign on MA as well
3 ) On USDT chart, You made money / didnt lose money if you bought the coin in 6 months
4) There is no ATL in 3 months
So, There is no reason to sell this coin right now ( unless it breaks the ATL ) , Ubiq also can pump anytime.
I personally focused BTC right now, It rules / ruins the party.
I holding few thousands of Ubiq, and I'm getting confused about this coin. I still patient, but from long time ago just going down the price of the coin.
Now it is look like, the coin in a "almost pumping" zone, but MA50 is still under MA100 in daily chart.