✴️ UBIX.Network | General View (Name Your Altcoin #36)
There are many reasons why UBIX.Network looks good and we are going to go through all of them.
This altcoin is only available on KuCoin so this analysis is done exclusively for you, at your request.
I hope you enjoy it or at the least find it useful... Let's get started!
We have a major downtrend lasting 430 days, this is us counting from the October 2022 high. The main and very strong bullish signal is the fact that this downtrend is over, the down-trendline has been broken.
The break of the downtrend is followed and supported by three additional signals: MAs, RSI and Volume.
As the downtrend ended, we see the highest volume ever for UBXUSDT 18-Jan. This means a lot.
We also have a strong RSI and a break as resistance of EMA50, EMA100 and MA200.
All these signals point to a change of trend.
The trend being initially bearish, bear cycle/bear market to bullish cycle/market.
Short-term action can vary with retraces, corrections, shakeouts, etc.
It doesn't move straight up... It fluctuates as it grows.
But the chart is saying, up, up, up and UBX hears, listens and grows.
You can find the targets with the potential mapped on the chart.
Namaste.
This altcoin is only available on KuCoin so this analysis is done exclusively for you, at your request.
I hope you enjoy it or at the least find it useful... Let's get started!
We have a major downtrend lasting 430 days, this is us counting from the October 2022 high. The main and very strong bullish signal is the fact that this downtrend is over, the down-trendline has been broken.
The break of the downtrend is followed and supported by three additional signals: MAs, RSI and Volume.
As the downtrend ended, we see the highest volume ever for UBXUSDT 18-Jan. This means a lot.
We also have a strong RSI and a break as resistance of EMA50, EMA100 and MA200.
All these signals point to a change of trend.
The trend being initially bearish, bear cycle/bear market to bullish cycle/market.
Short-term action can vary with retraces, corrections, shakeouts, etc.
It doesn't move straight up... It fluctuates as it grows.
But the chart is saying, up, up, up and UBX hears, listens and grows.
You can find the targets with the potential mapped on the chart.
Namaste.
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