BITTREX:UBQBTC Ubiq Trade Idea 23 January 2018 [UBQBTC]
BITTREX:UBQBTC Ubiq Trade Idea 23 January 2018 [UBQBTC]
![](https://steemitimages.com/640x0/https://currencytradingview.com/Yq7MIGt2.png)
A chart for Ubiq today, which is one of my favourites.
What do we see? It retraced all the way down from the ATH in June, which was around 100K sats . Firing up a new cycle and broke the mean trend line already. Currently in the making of a bullflag, broke the big resistance and found this as a support. EMA's are crossed as well, MACD turned positive and RSI staying around the 50 level.
What do we expect? A new cycle coming months, ending in an new all time high. So I'm holding this one for some months.
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