UCREST: POTENTIAL TRIANGLE BREAKOUT
R1: 0.205
R2:0.230
UCREST is on quiet long supply zone. From the chart we can see it is still on an uptrend. I think based on the oscillator this counter will go higher in the mid term. Based on triangle pattern, I think it can surpasses higher resistance level @ 0.230 and 0.205 in the next day forward. As a safe trading strategy I suggest to buy only on pullback of the trendline or breakout of the resistance level.
R2:0.230
UCREST is on quiet long supply zone. From the chart we can see it is still on an uptrend. I think based on the oscillator this counter will go higher in the mid term. Based on triangle pattern, I think it can surpasses higher resistance level @ 0.230 and 0.205 in the next day forward. As a safe trading strategy I suggest to buy only on pullback of the trendline or breakout of the resistance level.
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