it looks like an inverse head and shoulder forming for uma targets will be 12.95 then 13.48
chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm. Over the red fibo Level canbe 🐂, & under will be bearish. ~~N0 Speculations arrow. And N0T trading Advise either, dyor pls
chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm. ~~N0 Speculations arrow. And N0T trading Advise either, dyor
UMA (UMA) is in the process of establishing a rounded bottom following the attempt to break above the strong psychological level of $10.00. Technically speaking, UMA is still in a bear market, but the recent rally might be an early sign of a shift in the trend direction. Stochastic Bullish Readings Looking at the technical indicators, the stochastic oscillator...
This coin looks to be going to the downside... I dont see any chance of bullish interst in the next 4-9 months.
chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm. ~~N0 Speculations arrow. And N0T trading Advise either, dyr pls.
UMA has a long developing symmetrical triangle that has already pierced once before, breaking down one would believe that the asset would go down further.
This one is about to pop. This crypto has been stuck under this resistance since basically Feb. All the while making higher lows showing accumulation. Basically bouncing off support 3 times while making higher lows each time. Forming a nice ascending triangle here towards the apex of this patter. Where all the other cryptos have popped already this one might...
Uma token pumps like shit for 5 straight months! I've seen crypto tokens pumping from a 100% to 400% in the past 5 months, but Uma stays on resesion mode in a bull market like this? My opinion, this is a shitcoin. The better kept them for what it is if this thing misses out on a bull market like this. Even XRP did it better! 🤦♂️ GTFO!
What the fuck is wrong with Uma, other Cryptocurrency's pumpt from a 100% to 400%. But Uma stays for 5 months in recession mode?? Something is wrong on this shitcoin, gouvernance ore not, this is pathetic in comperis to the total market. At least we know this is a shit token in a great bull market. GTFO
On the weekly charts it has come back and touched the EMA20 and it looks like it has complete wave 1 and wave 2 and has been consolidating for almost 3 months and we could see it enter wave 3 based on market conditions. Not financial advice and I am not a financial advisor. Please do your own due diligence before taking advice from someone.
With the long consolidation period and launch of the new UNI and BAL assets on the UMA protocol, the price action is at the brink of breaking past $45 and going into price discovery mode. The next fib level area for consolidation is $68.
It looks like UMA has had a great run against BTC as the price has begun to head downward for the latter. I rarely put the "USD" in the title of my posts as rarely is it significant, but I just want to call out a few things about UMA. 1) UMA is trending well against BTC, with a potential to keep up this trend and fall less drastically if BTC continues to drop (I...
$UMA/USD 1st target $36 and then $40
So let's try not to mix fundamentals trading and TA but I will start by saying that UMA is an interesting project, it aims to simplify derivatives trading and make trading a derivative of anything possible. It has big partners already but most importantly, everyone wants more derivatives, especially if they can be traded in the US before regulators shut it down....