UBIQ taking-off soon?

Ubiq broke out of a long downtrend on a healthy volume.

Price found resistance at 35Ksat level combined with 250-day MA.

Price found strong support at 23Ksat combined with 100-day MA.

Price should break above 35K sat to open a new long trade.

Technicals:
- Increasing volume
- Falling wedge reversal (broke out of red line)
- Beautiful symmetry with may 2017 (bullrun)


Fundamentels:

- Blockchain company of the year (Canada)
- New exchanges (Einstein exchange, a large upcoming Canadian exchange)
- Trezor/ Ledger integration
- Tokens swapping over to UBIQ blockchain
- Community tokens airdrop


Main targets:

Short term:
- 0.00037, 00045

Longer term:
- 0.00057
- 0.00089
- 0.00126

Trend Analysis

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