In just two weeks, fourteen days, UMABTC produced a 360% bullish wave, this to mark the bottom for this pair... A bull-market is now ready to start.
After a classic retrace below 0.618 Fib. retracement, support is being tested as EMA50. Here is the chart:
Short-term it can be tricky as there is room for a bit lower or the action can suddenly switch and we see growth... That's the tricky part but this really in the near short-term, if we zoom out a little bit, everything becomes easy; buy and hold is my preferred strategy for this type of pair.
Here is the long-term log chart with a 1,010% target mapped:
Looking at the main (linear) chart, the next All-Time High potential is off the chart. The target 0.00596000 gives out 6,957% potential for growth... Let's just focus on the 1,010% or even 1,984%, that is more than enough.
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