Dear friends, As you can see from chart, price can find good support on bullish trendline which merged with SMA 50 and SMA 200. So, i expect spectacular movement from this area. Your point of views are important for me, hence, please comment your idea for me. NOTE: this is just an idea and please do your own research and analysis. Thank you
Looking at the 4hr timeframe we can see a poor market physiology in UMA, imagine holding this yesterday through that doge pump, that chart has creating a nice accumulation pattern allowing UMA to peg BTC for performance, but are we about to see a fomo breakout like early Feb, theres a bullish divergence pushing price towards a confluence zone of price action, can...
Over 50 days of consolidation by now. Lets see if this attempt will succeed. Support zone 425-440 looks good to catch the wicks
UMABTC could potentially be forming a rounding bottom and on the rise part of the U-shape. This looks fairly nicely confirmed by MACD as well so far. It is still a little early to be certain, but support looks to have been holding quite nicely a few days now. From what I am seeing, if the pattern holds, there could be some potential large jumps for UMA if BTC...
Long Reasons Strong support Deviations below the low Acumulation zone Great R:R Expected a jump here.
Hi Traders! Even smaller cryptocurrencies do not escape our attention, and today we will explain a specific pattern on one of them - "cup and handle", or a round bottom. What is a cup and handle? It is one of the basic and very popular patterns. You won't find it on the charts as often as, for example, a triangle, wedge or other well-known patterns. It is...
BINANCE:UMABTC Buy the dip Uma / BTC at this level, Targets are listed below : Buy @ : 395 - 416 Target 1 : 460 Target 2 : 500 Target 3 : 550 Target 4 : 665 After 665 resistance broked, I'll update the new targets StopLoss : 374
UMA retraced to near 50 and 100EMAs daily time frame, now the coin seems to be near a bottom of a parallel channel. We can expect a bullish movement towards 1624 satoshis. TA factors: 1- MACD and Stochastic show hidden bullish div. 2- MACD crossing to bullish zone daily.
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY! If u like the analysis, please...
Long UMA/BTC Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
Long UMA/BTC Activation of the transaction only when the blue zone is fixed/broken. The idea is to work out the resistance level . * Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the...