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The overall trend for UMA is bearish. It ranges for a while, then makes a shadow upward move before continuing to drop. UMA is in a descending channel and continues its downward trend within this channel. The expected scenario is that UMA will hit the bottom of the channel and then move upward towards the top of the channel.
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#UMA price is completing the ascending triangle pattern. When the price can break the resistance of the pattern, it can grow again to its previous ceiling. The demand level of $3.100-$3.200 - is being consumed well. It is expected that the supply level of 3,800-3,600 dollars will be completely consumed soon, and the price will start to grow. If the demand level...