In a comprehensive analysis of the historical logarithmic weekly chart of UMA-USD on Coinbase, we can glean valuable insights from the interplay of candlestick charting, the Head and Shoulders pattern, and the significance of analyzing volume. This combination offers a multifaceted view of market dynamics and potential trend reversals. Head and Shoulders...
Currently price is trending downward within the lower to green lines. Plotting another inverted H&S along this channel allows promise for another test for the bulls. The higher green line is where I expect price to move to in the short term if this outcome originates.
seems like uma has already bottomed out and finally preparing for some solid recovery Testing Multi Year Descending Trend line In 3 Days Timeframe & Expecting Breakout Soon Incase Of Successful Breakout Expecting Move Towards 10$ In Midterm keep eyes on umausdt for confirmed breakout
Thank you for reading this update. Depending on our study we see that UMA has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. #Nottradingadvice #For Day traders take always profits when the market increase #Expect nothing from the markets, but follow what it shows.
#Uma The bearish channel on the daily frame has been broken Now the downward trend is being tested again The price is expected to rise again from the entry areas marked on the chart About the price of 1.410 With a goal of 2.44 Nearly 200% expected rise Supported by Bitcoin's bullish movement
💎 Paradisers, brace yourselves for a promising prospect with UMAUSDT, currently positioned in a demand zone and poised for potential moves. 💎 In our past observations, UMA broke free from its descending channel, embarking on an upward journey. However, it faced resistance at the 1.810 mark. Presently, as it navigates the demand zone, we foresee two potential...
Last week, I published my idea about the next massive move of BTC as it enters the crucial stage of the triangle in this chart of BITSTAMP:BTCUSD At 8 AM ET, we saw a price breakout of BTC from the near 2-year-long diagonal resistance. This leap happened upon the "breaking" news of SEC approval of the iShares Bitcoin Spot ETF application. The coin reached...
UMA at daily resistance currently but I will advice we wait for daily bearish OB above before taking short…. Follow for more market update Can chat me up for market update
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the UMA symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Seems Like Getting Ready For Solid Recovery Formed Descending Channel in 3 days Tf Incase Of Breakout Expecting Massive bullish Rally In Coming Weeks Expecting 250 to 280% Bullish Move Incase Of Successful Breakout Keep Eyes On Lower Tfs Too For Buying Opportunities
Hi dear friends, hope you are well and welcome to the new trade setup of UMA token with US Dollar pair. Previously we caught almost 65% pump of UMA as below: Now on a 4-hr frame, UMA has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
UMA has been trading inside this bullish channel for over 6 months now. This trade is based on the idea that UMA will continue to trade within the channel. Keep in mind that BTC is currently in a short-term bearish trend, so a long-entry carries more risk from the start. To counter this, this particular trade has a very high risk reward ratio of 15.5 More...
Hi dear friends, hope you are well and welcome to the new trade setup of UMA token with US Dollar pair. Recently we caught more than 66% pump of UMA a below: Now on a 4-hr time frame, UMA has formed a bullish Gartley pattern for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
✅ UMA COIN PRICE ✅ 🔥 Price has just broken the daily resistance and now price is in momentum🔥 I am looking at 2 levels .. 🚀We have 2 opportunities to make 15% gains on each🚀 👉 Follow me for more opportunities.
Uma once it breaks from this trendline is going to do an explosive move. If you have any questions just dm me. Position yourself and manage your risk accordingly. Personally, I only do spot trading and having been making good gains.
For now, UMA appears to have reached the peak of this run. It's just completed its double-top and should therefore retrace to the 0.5 ($2.145) level at least and possibly down to the 0.382 ($2.095) level before starting the next run upwards.
UMA has been ranging in this channel for over 90 days (I'm still pissed off at myself for the bag I bought 2 years ago). At this point I don't care on where it'll go, wait for the break of one of the two sides and then long/short according with the wyckoff accumulation/distribution. Here you can see the scheme: miro.medium.com Remember: price has to break...