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ForecastCity
Jan 21, 2021 8:26 PM

💡 Don't miss the great buy opportunity in UMAUSDT Long

UMA / TetherUSBinance

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (10.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. UMAUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.

Take Profits:
TP1= @ 13.08
TP2= @ 14.80
TP3= @ 17.00
TP4= @ 20.28

SL= Break below S2

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Comments
DenizKilicDeniz
Well done! Fantastic charting my friends.
ForecastCity
@DenizKilicDeniz, Thank you for your comment. We appreciate it 🌹
Kamryn
Nice mentioning both scenarios. Cheers 👍
ForecastCity
@Kamryn, Cheers 🌹
Josef_anderson
It's on my radar. 👌
ForecastCity
@Josef_anderson, We hope you enjoy it. 🌹
Best_Forecast
I'm really not so sure how it works but I did enjoy your idea. Thanks
ForecastCity
@Best_Forecast, You're welcome. 🌹 You can read about the strategies used on them on the website. forecastcity.com
Kristalyn
It's nice and very detailed idea 😊 Thank you
ForecastCity
@Kristalyn, You're welcome. 🌹 we're glad you like it.
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