UBQBTC
UBQ BTC | Movement Predictions | Next Few Months? This is not a trade call or signal!
This is my study using fibonacci, support and resistance. :) Feel free to comment or critique!
Movement 1
- Break through 0.786 resistance and it becomes new support.
- Next resistance will be 0.618.
Buy Zone - Set buy orders after pull back from 0.786 breakout at 28k - 30k
Stop Loss - 26k if support A doesn't hold
Sell Target - 43k for 50% profits. Possible for 53k (0.5)?
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Movement 2
- Fail to break through 0.786 resistance and drops to support A before making another run to test resistance
- After touching support line A, it will begin Movement 1.
Buy Zone - 21k-23k
Stop Loss - 20k (10-15% loss)
Sell Targets - 28k (10-30% profits) or 43k (80-100% profits)
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Movement 3
- Support line A doesn't hold, it will find next support at support line B
- Support line A is now resistance
- If breaks through support line A, proceed on to movement 1 and/or 2.
Buy Zone - Accumulate 16k - 20k
Stop Loss - 14k (10-15% loss)
Sell Targets - 28k (70-100% profits) or 43k (200%-260% profits)
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All the best my friends!
UBQ 4 HOUR TIME FRAME BULLISH REVERSAL HAPPENING RIGHT NOWUBQ 4 HOUR TIME FRAME BULLISH TREND REVERSAL. Los Angeles 11:44AM
Looking at a trend reversal on the 4 hour time frame. RSI and MACD both showing bullish divergence from the price action. RSI is also above the 50 and Macd is about to cross over the 0 line. Fibb lines are added to create a estimated profit target. I wouldn't depend on the profit targets but rather rely on the trend reversal signs from RSI and Macd.
1 Day chart is showing bounce at the 30 RSI and headed upwards break of the bearish 40. RSI is also showing price convergence to the upside. I would take a look at all the alt coins as it is a ripe time to be investing in a lot of them.
UBQ BTC 4 HOUR TIME FRAME BULLISH DIVERGENCE CONFIRMEDUBQ BTC 4 HOUR TIME FRAME BULLISH DIVERGENCE. Los Angeles 12:00 PM.
UBQ BTC is showing signs of trend reversals from its current trend. UBQ BTC is going to face some resistance on its way up but it is a prime investment for an upward trend. I would take a look at all the alt coins because it seems like a lot of them have been taking off since yesterday.
TP = Target Profit. I would recommend doing your own research and not rely on my target profit but based on Fibb lines these are indicators of where I would sell for profit. I would also take into consideration that if you really want to lock in your profits you should sell a little before the fibb resistance lines.
I matched the Fibb lines to the 26 period high & low Kijun-sen with recent price action highs and lows.
A look at UBQUBQ is in oversold territory after falling over 35% in just a week. There is also divergence on the 4h RSI. This onslaught has coincided with Ubiq recently being added to the cryptopia exchange, as well as 3 tokens being brought on to the Ubiq network. The 50Mil Mkt Cap is comparatively small so I expect to see a bounce soon to end this free fall.
UBQ - Watch bottom BBand. Found bottom again.I told my friend last night that I was going to buy more at the bottom BBand. He was excited for a breakout of this descending pattern (drawn in black), but I had doubts as we were seeing similar conditions akin to the circled fakeout (overbought, yet still relatively low volume). I told him that I could see us hitting the bottom BBand again, and that I'd like to see us trade sideways along this bottom band to gas up for that big move up (similar to the one we saw when we hit 74k).
So, my play is this: I have my bags already packed, but I'll be adding to them with 2 buy orders AROUND (I'm not giving exact orders as I don't want you creating a buy wall in front of me... not like I have enough popularity for that but you can't ever be too safe.) the green and red lines. Red line is the line I'd like to see a couple wicks hit again before we moon shot. I have a couple short term profit-taking points set in blue, but Ubiq is one I'll be hodling a majority of my bags for.
Happy Trading!
UBQ: Watch this one closely (UBQ/BTC)As clearly shown, prices have already fallen below the 50-day and 100-day moving averages: signalling clear bearish movement. If price can find strong support at the 200-day moving average at around .0004 BTC, I would consider this a bullish signal as it indicates a higher low from the previous correction.