ANALYSIS 🔎 - UMAUSDT brokeout above the horizontal resistance level and hit an ATH - Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level. - RSI is printing a bullish divergence signal (BDS 🔼). - The retracement is bounded in the falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - A...
ANALYSIS 🔎 - UMAUSDT is printing a falling wedge pattern. - This is reversal pattern. - A bullish pattern to be precise. - Price action is printing the double bottom pattern. - This is also a bullish reversal pattern. - RSI is printing a bullish divergence signal. - Price is testing the falling wedge's resistance and double bottom neckline resistance. -...
UMA looks like it will approach resistance - initial trade. Expecting break and short term rally. Best, HF
After long accumulation UMA is steadily rising upside. in 1-2 weeks targets will be achieved
ANALYSIS 🔎 - UMAUSDT was printing a falling wedge pattern. - This is a bullish reversal pattern. - Price brokeout above the falling wedge's resistance. - Price retraced and tested the 0.618 fibonacci retracement level. - Price action is currently printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY...
This Currency Handles The Market Conditions Excellently As You Will See In The Near Future, Expect to see this coin handle the market better than XRP - Soon To Be A Top 10 Ranked Coin Circulating Supply - 55,738,359 UMA 55% Max Supply 101,172,570 Total Supply 101,362,990 Max Supply Current MarketCap - $1,606,369,925 ^84.02% Volume 24h $826,593,628 Market Rank...
UMAUSDT (Day CHART) Technical Analysis Update Waiting for the resistance zone breakout UMA/USDT currently trading at $12.36 Buy-level: Above $13.40 (Only if 4 h candle close above resistance zone at $13.40) Stop loss: I will update once I see the breakout Resistance level 1 (Target 1): 16.25 Resistance level 2 (Target 2): $19.84 Max Leverage: 2X ALWAYS...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my...
Lower lows on price, higher lows on RSI. Is someone accumulating?
I noticed this spike has more volume on UMABTC than UMAUSD on coinbase. Really interesting.
The current situation: 1. A bullish symmetrical triangle is apparent on the 4HR chart while the price action is near the apex of the triangle. The chance of breaking to the upside is 60% and the measured target is about 11.6 USD The bearish case: if the price action closes below the 4HR 21MA and below the bottom trend line, then lower price action is...
UMABTC | Strong drops lead to strong growth. Today UMABTC printed a very strong 100% candle... We can also see really high volume. About UMA UMA describes itself as a protocol for building synthetic assets. It aims to allow users to write self-enforcing smart contracts with economic guarantees. UMA is designed to power the financial innovations made possible...
UMA is still in its bearish wave and it's not worthy to bet on just a little. We will wait for the price action at 750sts (if happens). - If it breaks the 750sts zone, it will keep going up to 850sts - If not, it will turn back to 650sts then find another opportunity to pump up The reason why we shouldn't buy it is the super big volume of previous dumps, I think...
POLONIEX: UMAUSDT -UMA is trading inside a descending channel after a series of rejection at the trendline resistance -It is also trading just above the previous support area at 12-11 dollars -If this immediate support level will hold and see a channel breakout -That is a good potential entry point for upside continuation up to 26 dollars -But if this level...