Today we saw a similar coin, ZRX (in terms of bullish momentum and price movement), take off along with a few other coins over the past few days like JASMY and LUNA. In a very similar way, I'm seeing a high hidden bullish divergence on UMA. When you compare the volume profile of UMA, especially at the M1 and M5 levels, you will see what I mean ;)
UMA strong support at $7.59...needs to break above $8.500 resistance & top the 10 day DEMA to signal buy.
50 & 200 steadily approaching crossover would also signal bullish outlook.
Weekly MACD already signals Golden Cross
Wait for the MACD Crossover and once above the channel we can enter long.
Accumulation zone right now.
Marked some important dates to keep a lookout for
24 Jan 2022
04 Apr 2022
28 Nov 2022
16 Jan 2023
Stop Loss: $3.5
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In this video:
1. New tool VPVR (volume profile visible range)
2. Am I overtrading? 2 big reasons why I am mostly cash through Dec.
3. Fear Greed index and why I am not buying here.
4. Substack Founding Members may be alerted of some scalp trades through end of Dec.
In this video:
I draw out a hypothetical initial investment.
I should how you can multiply your net profit by trading out and back in along the way to your final projected target.
This video is all about trading levels, a strategy I have developed from years of experience that has helped my to multiply my crypto profits exponentially.
I have 30x'ed my...
UMA seems to be taking support at the long time resistance line in Red.
Universal Market Access (UMA) has experienced a substantial increase in value as a result of the imminent rollout of its
‘Across’ protocol which is now live on the main net on November 8, 2021
Good to accumulate for longer term, if volume breaks out expect to hit max $100 before 2028.
Zoom out on the weekly to see the near-perfect technical setup.
On the fundamental side:
- AcrossProtocol is launching it's L2 to L1 bridge next week and will use UMA's OO (optimistic oracle). All of the ownership will also be distributed to the community (which is likely going to be to UMA holders).
- A project called FIAT DAO is letting UMA holders farm their...
$UMA go brrrrrrrr $BTC go Brrrrrrrr. No clue how to link any charts but many coins are breaching trendlines established in February. Among some are UMA MKR STORJ and ANKR. AUCTION & NU also broke trends less established.