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UBTUSD forming the bottom of a parabola

Long
BITTREX:UBTUSD   None
You can see the last parabolic arc, and how UBT climbed a clear channel up the arc wall and beyond before forming this new arc. The touch points on the arc walls are clearer than the last arc. The arc can still be adjusted depending on how it develops, but even if dragged longer, target will remain $4+ by EOY. If it breaks below the low touchpoint on the arc that would clearly invalidate the arc and point to more downside.
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