We are looking at the logarithmic chart of Ubiq vs. Bitcoin here. Ubiq is an ICO platform and currently, in my opinion, heavily undervalued. There was little talk about this coin recently, that's why I am extra bullish on this one. If we manage to break that purple resistance line and find support on it, we could see something similar that happened in late May...
Ubiq is testing another resistance at 40k sat. Potential breakout up to 161% Fib level! Recent buys are supported by volumes. -Crossing EMA - MACD Crossing 0 - Crossing blue support
watching this could be a winner!
It seems to have broken out of the triangle. However, set a stop loss to prevent in case it gets back into the triangle. Have a good trade!
Updated my fractal setup, put the targets (red boxes) on indicator convergences (VPVR, previous resistance/support, ichimoku and fib retracements). I will leave some on the table because this is a great project and is highly undervalued in my opinion. - Token distribution coming on the first of january. - Looks to be a more stable Ethereum for Virtual Machines,...
MACD bullish crossover soon. RSI is almost oversold. Confirm reversal with oscillators and a beautiful green candle. 2x in mostly in 25days.
It might surpass this target if this amazing bull run keeps on IMO.
Hello traders! Testing out the Ichimoku cloud system for UBQ. Still a new concept for me. However, having studied past behavior, I believe that UBQ is showing strong bullish signs for the following reasons: 1) increase in volume 2) MACD crossover 3) Tenkan crossed over the Kijun and the Ichi cloud recently 4) Price is hovering above the cloud - Will take support...
UBIQ soon! With short term targets @ 1 & 2.
I think the ubq chart looks good, how about you?
UBQ is nearing its support line and nearing the end of its bull pennant.
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...