So, a bunch of cats crashed ETH. And now people are looking for a new smart contract platform. UBQ has many tokens using its chain already, and more to come in the future. With ETH crashing constantly, and becoming so congested it can't be used, it's hard to see how it could be a platform suitable for mainstream adoption. UBQ, on the other hand, works on stability...
There's our next chart coming up, the UBQ Chart on the 1D Timeframe. As you can see, this one has retraced very hard from the big spike in June earlier this year. Placing the fibonacci on the top of leg B (with starting point on the beginning of this spike), we see that it's landed on the important 1.618 fib level of retracement. There are literally two ways it...
I have included all of the following coins in my investment strategy for 2018: 60% GNT (Current Price: $0.213) 22% ADX (Current Price: $1.02) 4% UBQ (Current Price: $1.31) 7% LSK (Current Price: $9.93) 7% EOS (Current Price: $1.91) My total investment is $10,000 split as noted in the above ratios. The chart above also represents all these coins...
• This idea is for exchange / swing trade, not margin trade !! • H4 ascending formed • LONG if the price break 50% fib. • Fib 50% & Descending break will start the bullish ! Have a great trade & Have a nice day @tradersmind
In my opinion UBQBTC found the bottom and formed very good Falling Wedge Pattern. It is very possible to expect breakout and upwards trend. Ichimoku cloud also looks good in 4H chart. But everything obviously depends how Bitcoin will act these days.
This is not a trade call or signal! This is my study using fibonacci, support and resistance. :) Feel free to comment or critique! Movement 1 - Break through 0.786 resistance and it becomes new support. - Next resistance will be 0.618. Buy Zone - Set buy orders after pull back from 0.786 breakout at 28k - 30k Stop Loss - 26k if support A doesn't hold ...
They say an ascending triangle has got to touch at least 5 times. like this. but which way is it going to breakout?
UBQ retrace to support according to RSI and FIB. Expecting breakout around fib 1,10 level in a few days. BUT Due to the long term bear div on RSI It could also breakout only around 0.70. Got 2 possible trades : Buy long@1.1 / T1 1,45 / T2 1,80 Buy long@0,7 / T1 1,45 / T2 1,80 Be carefull DYOS
I still think $UBQBTC is a very undervalued cryptocurrency in relation to the rest of the market. I am maintaining my average long position from $1.50 and will possible average down if we drop below the $1.00 level. Expecting very high upside for this one in the long term.
BUY UBIQ/BTC Time frame: 4h Target: 0.0003 Signals : 1- Supply & Demand 2- Woodies CCI 3- RSI
History tends to repeat itself. Especially in crypto, if there is a breakout i expect it to launch towards the 50 000 area. I am a #cryptonoob so all thoughts and comments are appreciated.
UBQ is a solid little coin, great dev team and community. Liquidity is quite low, but I expect a little move upwards in anticipation of Ubiq's Ledger Hardware wallet integration, which is rumored to be coming sometime in October.
UBQ just broke out would be very interesting if it can breach the next strong resistance. MACD is bullish expecting more uptrend here.
This Ascending Triangle looks nice. Volume is there, moon potential is good.
Nice Risk Reward, Short Term Trade for 15% profit.