Ubiq / BitcoinLong
$UBQ 1D - Bottom is in? Great risk/reward play.
Absolutely love UBQBTC in terms of fundamentals, and it looks like a great risk/reward trade at the moment.
- Sitting in bid zone.. bounced off previous resistance turned support. To me, this looks like a classic wyckoff throwback after the initial breakout.
- Daily cloud is thing, will be easy to break through.
- First profit taking point would be the 0.618 fib retracement, which lines up with a previous support (which should act as resistance).
Best of luck!
- Sitting in bid zone.. bounced off previous resistance turned support. To me, this looks like a classic wyckoff throwback after the initial breakout.
- Daily cloud is thing, will be easy to break through.
- First profit taking point would be the 0.618 fib retracement, which lines up with a previous support (which should act as resistance).
Best of luck!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.