UBQ Correcting healthy; preparing for next move
UBQ as a coin separate from TA has tons of potential for growth. Its use as an ICO platform similar to ETH has barely been tapped into.
Now with TA; Assuming the bare minimum return to previous ATH, UBQ is finishing up corrective second wave of five that leads to the top(IMO ATH is more than expected.)
The correction might seem steep but as you can see it is a simple ABC correction pattern and very easy to lose sight of when watching the 5 minute charts. Lower lows indicate the squeezing triangle pattern, and once this finishes a breakout to the upside would signal huge growth potential. Remember; UBQ still has a market cap of around 100mil, making it settle somewhere on the second page of coinmarketcap. Believe me, this coin has potential.
Now if you'll excuse me I am currently at Timberline Lodge and early want to enjoy the sauna.
Now with TA; Assuming the bare minimum return to previous ATH, UBQ is finishing up corrective second wave of five that leads to the top(IMO ATH is more than expected.)
The correction might seem steep but as you can see it is a simple ABC correction pattern and very easy to lose sight of when watching the 5 minute charts. Lower lows indicate the squeezing triangle pattern, and once this finishes a breakout to the upside would signal huge growth potential. Remember; UBQ still has a market cap of around 100mil, making it settle somewhere on the second page of coinmarketcap. Believe me, this coin has potential.
Now if you'll excuse me I am currently at Timberline Lodge and early want to enjoy the sauna.
Kommentera:
*higher lows not lower lows