$ubt #ubt is currently being suppressed by its hourly downtrend.
we should see some action in the next new days or so.
This set up calls for either a nice pump or another dump depending how #btc behaves
move 1 led to uptrend continuation
I am suggesting that there will be a move 2, very similar, almost identical to move 1
that will provide the coin with energy for bullish continuation (both have a similar fib circle breakout pattern)
Continuation of the uptrend is likely..
Unibright has broken out of its 2 month correction and is currently retesting the top of the trend line.
We will most likely see another week or so of chop while we re-test the green parallel channel trend line.
My Current Trade Plan UBT:
Accumulation zone .80 to 1.30 target build from 10000 - 15000 - (make it stack)
Currently at 1.07$
Resistance @ 2.37$
Target $3.12 sell off 10%
re-test for 7.00-9.12 sell off 10%
Hodl to 50$ then another 10%
Team has actually built something to rival; DOT, ATOM, SOL, CELO; even better yet real...
*** THIS IS NOT FINANCIAL OR INVESTMENT ADVICE ***
DYOR and don't take my word for anything.
The Unibright team announced the release of Baseledger this past week, causing UBTUSD to experience strange trading patterns.
Overall, UBTUSD is correcting for rapid price growth and will return to a near parabolic growth. UBTUSD is working through a descending wedge,...
UBT has consolidated long enough and cooled down for another leg up. Look for another super bullish move in it.
Guys please our other channel "https://www.tradingview.com/u/profittraders23/", we post more trades there.