UBQBTC trade ideas
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.
UBQ will pump soonI think UBQ can bounce back like on the picture but it got a bullish divergence on the RSI indicator too!
UBQ big resistanceUBQ before going to the moon got to breaks this resistance. This is the first step!
UBQBTC - Possible BreakoutUsual disclaimer: big movements in BTCUSD invalidate any technical analysis of altcoins given how closely they follow BTC.
UBQBTC bounced very convincingly from the support I've drawn and is once again poking at the resistance of the triangle.
I expect a small retrace from current levels and then another test of resistance, which it looks keen to break through.
If this happens, I'll re-chart the next steps e.g. next resistance et cetera.
UBIQ wait for break outUBIQ looks close to a breakout.
First target on the chart if it can crack the upper trendline.
buy after the breakout when it makes a bullish pattern, see link below.
ubiqbtclooks like ubiq is going to have another bull run following the bullish parallel channel if it breaks above the cloud.
UBQ looking less bullish - 4H chartIf you follow my twitter (@Bitcoin_Bryson) you'll know I have been loving this coin for a while now (well, plus my personal account, but I finally decided to breakout and make a crypto account). Why not? Great dev team, good fundamentals, a working platform that is quietly acquiring other coins/dApps. News that it will be Ledger-compatible also should help the adoption of this platform. This is TA, though, and sometimes the signs just don't align with your personal sentiment.
After a promising looking fakeout to the upside, I said there were a couple of things I was looking for to feel more confident that we were looking at a bullish breakout. 1. We needed to see the next few candles stay above the .5 fib line. 2. We needed to close on top of the 30EMA. We failed to achieve those two things over the past two days, and ultimately have seen this consolidation give evidence that there might be a bearish break. The current price action still fits the general trend, but I've illustrated the previous bottom trend line as a broken line and redrawn the new one. Not much difference, probably should have drawn it this way earlier.
I'm not one for micro-trends but when it comes to consolidation it's necessary to evaluate every angle. In light blue I've drawn a potential bear flag developing over the past few days. Granted, I would have liked it to bounce a little more to confirm, and I really don't think it will play out this way as we need to consolidate a little more, but it's a possibility. Set your stop losses accordingly; this refusal to break above the .5 Fib has caused me to tighten mine.
Happy trading!
downtrend seems to finishdowntrend channel seems to break upward.
resistance in front of price are clear in blue H line
buy with sl: 47K sat is OK
UBIQ is feeling bullishUBIQ is moving up in a trend continuation. Enter at a pullback. Target as described. GL!
UBQBTC Probable short term reversal and uptrend continuationUBQBTC
Rsi oversold break support still holding. waiting for trendlines to break
$UBQSeems like $UBQ had a good retrace to 50% Fib Line since the latest rally and stoch rsi is currently at the bottom. Probably making a bull flag right now, if the pattern confirms, might hit 100k soon.
UBQBTC -A simple planUBQ is retesting the Daily TL for the third time coinciding with the 50% retracment level of the overall move. Not much volume on this pair currently. If price rises from here we may get to the target.
Possible UBIQ Buy signalUbiq appears to be bouncing off of the .00614btc support after it hitting a double top. MACD is not signaling to buy just yet, but a crossover to show upward momentum will be a positive sign to open up a short-term long trade. Another buy signal would be price bouncing off the lower trend line, just wait 2-3 candles for confirmation. {Price target .0072BTC} On the bearish side, if we breakout below the trend we could break support and test the .0055btc levels so a tight stop is recommended.
-Constructive criticism welcome, help me become a better trader!-
UBQ falling wedge patternfalling wedge
bottomed rsi and macd
buy now at 0.00051 sell around 0.0006-0.0007
UBQ to replace the ETH as the new PoW ETHUBIQ has been price rising in speculation that some may not like ETH's decision to head into PoS so they will go to UBIQ as it is the same but PoW.
