UMA (UMA) is in the process of establishing a rounded bottom following the attempt to break above the strong psychological level of $10.00. Technically speaking, UMA is still in a bear market, but the recent rally might be an early sign of a shift in the trend direction. Stochastic Bullish Readings Looking at the technical indicators, the stochastic oscillator...
Volume had almost flattened until recently. It has been climbing gradually and steadily for some time now. MACD & RSI are poised to scale higher. This accumulation in the channel means set your alerts and gear up for a fast and furious ride. My alert is set for 34.2. Once a breakout is confirmed, I won't hesitate. In case of a breakout, my target is 76.
Uma token pumps like shit for 5 straight months! I've seen crypto tokens pumping from a 100% to 400% in the past 5 months, but Uma stays on resesion mode in a bull market like this? My opinion, this is a shitcoin. The better kept them for what it is if this thing misses out on a bull market like this. Even XRP did it better! 🤦♂️ GTFO!
Raise your stop to the $ 22.61 area. Sudden movements should not surprise us.
It looks like UMA has had a great run against BTC as the price has begun to head downward for the latter. I rarely put the "USD" in the title of my posts as rarely is it significant, but I just want to call out a few things about UMA. 1) UMA is trending well against BTC, with a potential to keep up this trend and fall less drastically if BTC continues to drop (I...
UMA USD pair, 1D chart. Price is creating a higher lows and while attempting to surpass a resistance at $29 drew a bullish ascending triangle pattern. ----------------------------------------------------------------------------------------------------------------------------- - Level to flip: $29 USD - Potential short term target: $35 - Signal to cancel a...
I like UMA, UMA is going to $74, but not overnight.... give it a few weeks or a month for those of you that are impatient... not trading advice tg
If you are looking for shitcoin that can pump, check out UMA. Consolidates for almost one month. Next time you will see it close above $26 get in and hodl for $32 or above. From current price it is approximately 40% profit. Can do easily more if breakout above $30 resistance.
UMA seems to be forming a massive pennant, a break out of either side should lead to an explosive move. The last time this thing went on a run, it 4x'd in a matter of a few days. A breakout to the upside could be a nice trade for MASSIVE gains. Technicals aside its a promising project similar to SNX, Don't sleep on this one!
Here is my new system for my followers. I often get asked directly where to enter and where to exit. From today my charts will be displayed as above. As with all trading, probability plays a huge factor and other variables further decide where the price will go. I never truly know! This system looks for price overlap or equilibrium, the yellow boxes. Mixed with a...
Let it ride with tight stop loss and the risk to reward ratio should treat you well. Not financial advice.
What's Up my Financial Amigo's & Amigas: Keeping it simple since I've had too much scotch at this point: Shown here is a basic(ish) 3 Base Step Parabolic Curve Structure (or seemingly so despite a less than perfect step structure IMO - such may likely be worsened from the aforementioned scotch), Regardless: wherein, X mark'ith that M'Fing spot on that M'Fing...
ANALYSIS 🔎 - UMAUSDT brokeout above the horizontal resistance level and hit an ATH - Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level. - RSI is printing a bullish divergence signal (BDS 🔼). - The retracement is bounded in the falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - A...
There is good buying force at 20$ zone and now it is heading to 30$ zone, this zone is very strong so I think it will take us some days to break through this zone to move up to re-test the ATH at 42$ zone 📈BUY -Buy: 20-21$. SL if B -Buy: 29-30$ if A. SL if B 📉SELL -Sell: 29-30$. SL if A -Sell: 41-43$. SL if A ♻️BACK-UP -Sell: 20-21$ if B. SL if A -Buy:...