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