"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the buyers still there? Enough to absorb the selling power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected...
UMA Protocol is a Decentralized Finance (DeFi) Protocol on Ethereum for any two counterparties to create their own financial contracts and synthetic assets.
The protocol uses a model known as Total Return Swap, which is a bilateral contract where one counterparty pays the total return of a specific underlying asset, including interest...
of course Uma popped again where we thought it would just not how we thought it would. Honestly i was scared and distracted on this one and missed it. I do believe UMA hits 20.00 in 2021 but im still not on this full time long yet. Like a lot of us we are waiting the next few months to choose are long positions on these outlier tokens like UMA CRO XLM XRP etc etc
-UMA is trading inside a descending channel after a series of rejection at the trendline resistance
-It is also trading just above the previous support area at 12-11 dollars
-If this immediate support level will hold and see a channel breakout
-That is a good potential entry point for upside continuation up to 26 dollars
-But if this level...