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crypto_trends
Apr 11, 2021 12:18 AM

UMABTC rounding bottom rise Long

UMA / BitcoinBinance

Description

UMABTC could potentially be forming a rounding bottom and on the rise part of the U-shape. This looks fairly nicely confirmed by MACD as well so far.

It is still a little early to be certain, but support looks to have been holding quite nicely a few days now. From what I am seeing, if the pattern holds, there could be some potential large jumps for UMA if BTC continues to jump as well.
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