Based on technical factors there is a Long position in :
📊 UMAUSDT
🔵 Long Now 2.355
🧯 Stop loss 2.166
🏹 Target 1 2.700
🏹 Target 2 3.200
🏹 Target 3 3.900
💸RISK : 1%
We hope it is profitable for you ❤️
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Just made nice 40% profit on trade which is also shown on chart.
RSI now is very high, it need to cool and go down.
I marked buyzone and possible scenario for price and RSI movement in WHITE colors.
Share your ideas and thoughts.
UMAUSDT is ready to pump in a short-term.
It looks like both on 4h and 1D timeframes UMAUSDT is forming its temporary bottom and is ready to join other altcoins for its own relief rally.
We expect UMA to reach 4,80 - 5,20 in the next week.
-Trade on stop.
-If drops lower, accumulate
-High risk trade. Trade only as much as you´re willing to lose
Uma breaks out the downtrend daily and makes X2, now we are waiting for the close of the weekly candle; with the divergence observed, we will wait for a 500% gain at least.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it...
After an alert I put out to subscribers this morning, UMA went parabolic! Congrats to those who followed me! Is it altcoin season yet? And a little about bitcoin and where it needs to close today.
- textbook falling wedge, watch for breakout but wait for at least daily close above it. UMA likes to fakeout.
- higher low/double bottom
- weekly StochRSI crossing up
- more frequent tests of upper trendline with good volume
- if UMA breaks out of the falling wedge, it can move quickly
- current market cap $580m, a lot up upside potential
Targets:
T1:...
Emissary over here.
Hello again everyone.
Today we take a look at UMA.
Right here we have the roadmap for this coin I've been following for a while now, for the next six months. Price offer and demand zones denoted in purple horizontal lines. Arrows drawn depict how I roughly expect the coin to do in the mid term.
Plain and simple, buy the dip, from there on...
TA explained
Starting with the bigger picture for UMA using the 1W TF. A long lasting downtrend (starting at Sept 2020) was broken at the start of November with a very strong bullish weekly candle, after which the price pullback and retested the broken TL.
Zooming into the 8H TF we can see two interesting things. First we see the price retested the descending...
💎 UMAUSDT has been rejected by the support zone. The series of green candle show that the bulls can potentially push the price much higher. However, we might see a pullback after the pump. The price is moving to the next major resistance.
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 10.649 - 9.682
☕️ TP1 11.535
🍺 TP2 13.019
🍻...
Uma is ready to fly to moon and will move to his ATH buying gown hai 16.5 - 14$ it following several support line and soon it will break it resistance line
Add a bag of UMA
HAPPY TRADING
#UMA/USDT TA update:-
$UMA already breakout Resistance level and Now ready to Retest.
Retest will be best entry.
Entry:- $13.50-$14.20
Targets:- $21.70/$29/$36
Stop Loss:- $12
Support:- $13-$13.50
Resistance:- Targets
⏳ Spot
💎 UMAUSDT has got rejected from the major resistance. It is going to have a pullback at the previous support and then we can expect another bullish move. It can pump after the resistance breakout
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or at 15.261 to 17.385
☕️ TP1 21.854
🍺 TP2 26.235
🍻 TP3 30.084
🍾 TP4 33.845
🍷 TP5
🍸 TP6
🍹...
