Whenever a new coin gets added to Bittrex, there are many fun theories that I like to play with in terms of TA. Some coins go up up up and others go down down down.
The newest coin $UKG - it's going UP.
Looking at the chart -
I bought a bag at around the 4000 satoshi support level. It stayed there for some time, I assumed it was "accumulating." Not for long however, afterwards the price burst past sell walls towards the 6000-7000+ satoshi range.
Did I sell? NO, I did not sell YET. Why? - I believe there is more news to come with this newly added coin and reasoning for this huge pump. With a grain of salt we shall see how this plays out. Currently over 55%+ gains from this coin and waiting for the bigger moon.