this is my beginning project so, I am starting with UMA
Long UMA/BTC Activation of the transaction only when the blue zone is fixed/broken. The idea is to work out the resistance level of the local consolidation zone after the fall. * Possible closing of a trade before reaching the take/stop zone. + Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled. The...
Preparing to break out from a downard-moving resistance trendline, settling in to an accumulation zone at 400 sats, with TP zones in the ranges of 550-600 and 800-920 sats
Following a 77% correction in price action and oversold condition (orange column) we now have an incredibly buy opportunity. Price action is showing us regular bullish divergence with the oscillators, most notably RSI and the Money Flow Index (MFI). Additionally Stochastic RSI is crossing up 20. 1st target 75% from here.
Uma looks gearing up for a big breakout, big Falling wedge, almost no volume, RSI is constructive also new coins on Binance do well. Big chance Uma will follow! Keep an eye on UMA!
will uma run like it has in the past in 20 plus hour blocks or fizal out like that last fant prior to this pump on 4hr UMA is at the first restantance level. /look at previous runs on 4hr and see it stop, build, then run to next level_usually in one 4hr block or less. take profits here n move on cautiously. Volume has dropped and this ones the bitch her name...
Lower lows on price, higher lows on RSI. Is someone accumulating?
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...