cjkoepke

Possible Breakout

Long
COINBASE:UMAUSD   UMA/USD
UMA has been consolidating for a while now and forcefully rejected an intense downtrend. If it closes the day above ~10.24 we could see a sustained upswing. Technicals are signaling close to overbought though, so the risk would be another correction to the bottom the trend-line. Watching this one to see what happens. What do you think?

Comments

Whats the conclusion?
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Let's get it!
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Looks valid . See what happens in by midnight .
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