In just two weeks, fourteen days, UMABTC produced a 360% bullish wave, this to mark the bottom for this pair... A bull-market is now ready to start.
After a classic retrace below 0.618 Fib. retracement, support is being tested as EMA50.
Here is the chart:
Short-term it can be tricky as there is room for a bit lower or the action can suddenly switch and we see growth... That's the tricky part but this really in the near short-term, if we zoom out a little bit, everything becomes easy; buy and hold is my preferred strategy for this type of pair.
Here is the long-term log chart with a 1,010% target mapped:
Looking at the main (linear) chart, the next All-Time High potential is off the chart. The target 0.00596000 gives out 6,957% potential for growth... Let's just focus on the 1,010% or even 1,984%, that is more than enough.
The Cryptocurrency market is wild.
Thanks a lot for your support.
Namaste.
After a classic retrace below 0.618 Fib. retracement, support is being tested as EMA50.
Here is the chart:
Short-term it can be tricky as there is room for a bit lower or the action can suddenly switch and we see growth... That's the tricky part but this really in the near short-term, if we zoom out a little bit, everything becomes easy; buy and hold is my preferred strategy for this type of pair.
Here is the long-term log chart with a 1,010% target mapped:
Looking at the main (linear) chart, the next All-Time High potential is off the chart. The target 0.00596000 gives out 6,957% potential for growth... Let's just focus on the 1,010% or even 1,984%, that is more than enough.
The Cryptocurrency market is wild.
Thanks a lot for your support.
Namaste.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.