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 / USDT pair provides a classic puuump setup. After a long lateral accumulation (horizontal volume -VPVR- confirmed), a pump with x3-x4 very likely.
Don't miss this oppty and get in :)
PS: BTC pair looks decent too.
UMA has broken strong resistance at 30 USDT area.
At this moment it's having a pull-back to reconfirm. Either resistance becomes a support, or it tests the previous trend line.
Oracles are popular right now, so should be a nice long if market conditions are favourable.
Hello everyone 😃
UMA is breaking current resistance zone !
It could have another retest on lower bullish trendline and bounce again from MA100.
There are 4 located factors that makes UMA bullish :
1️⃣ Volatility is being bullish
2️⃣ MA 100 is supporting movement
3️⃣ MACD is had a bullish crossover
4️⃣ There is bullish trendline which is...
UMA update, for a long entry, wait until a strong-volume breakout of the 29 blue line.
You can set the line with an alert, and then observe the volume and confirm that it closes above the line on AT LEAST a 4hr chart (preferably higher time frame the better). If it breaks out past 7-8% above the line, you can wait for a retest of the $29 area to set your buy...
Lowering volume and a descending triangle reflecting little interest in pushing UMA back up. Stochastics RSI showing it's already starting to trend down to the psychological whole number of 20. Expect it to tumble to 20 and if it hits the floor hard enough.... maybe UMA will start looking sad.
A quote from VIA News, UMA is currently on bearish momentum by...