TradingOn

$UMA/BTC 12h (Binance Spot) Parabolic channel on support

Long
TradingOn Updated   
BINANCE:UMABTC   UMA / Bitcoin
Uma is looking quite interesting here, expecting a recovery soon!

Current Price= 0.000406
Buy Entry= 0.000405 - 0.000375
Take Profit= 0.000586 | 0.000913 | 0.001524
Stop Loss= 0.000292

Risk/Reward= 1:2 | 1:5.34 | 1:11.57
Expected Profit= +50.26% | +134.10% | +290.77%
Possible Loss= -25.13%

Fib. Retracement= 0.382 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Trade active:
First entry filled

Uma is going well already, but let's be patient since it's a full swing trade!

Trade closed: target reached:
TP1 reached with +50.26% and +2R

Uma accumulated during on more month and now is going up nicely!


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.