Edward_CryptoJourney

UMA / USDT action update

Long
BINANCE:UMAUSDT   UMA / TetherUS
UMA update, for a long entry, wait until a strong-volume breakout of the 29 blue line.

You can set the line with an alert, and then observe the volume and confirm that it closes above the line on AT LEAST a 4hr chart (preferably higher time frame the better). If it breaks out past 7-8% above the line, you can wait for a retest of the $29 area to set your buy limits.

My stop losses during this bull cycle of past few months is around 10-13% with profit targets 30%+, often seeking 40%-100% gains and taking profits in increments.

You can also use breakouts and chart analysis to determine your best points of entry for long term holds.

Comments

UMA coin is not interesting for anybody? Why does it have such a low volume? It has a magnificent community of ‘Superumans’ byt it seems they are not doing their job.. any other coin is pumping.. but UMA wtf??? Missed plenty of rockets waiting for uma to move!!! :D
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