UMA has broken strong resistance at 30 USDT area.
At this moment it's having a pull-back to reconfirm. Either resistance becomes a support, or it tests the previous trend line.
Oracles are popular right now, so should be a nice long if market conditions are favourable.
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...
Hello everyone 😃
UMA is breaking current resistance zone !
It could have another retest on lower bullish trendline and bounce again from MA100.
There are 4 located factors that makes UMA bullish :
1️⃣ Volatility is being bullish
2️⃣ MA 100 is supporting movement
3️⃣ MACD is had a bullish crossover
4️⃣ There is bullish trendline which is...
Finally UMA found enough buy volume to break the hard steel 28.950 resistance.... can't believe it. If the 4h candle closes over that line making a support of it I expect UMA to test 30$ soon.
Volume profile shows a lot of buys at 29.295, if that will work as support it'll be great.
Today everything is pumping so, when this wave will end we'll probably see a...
UMA's broke out the triangle a couple of days ago, overnight price has rised and now is testing for the fourth time the 26.4-27USDT resistance zone. This has proved to be a pretty tough one, to be sure price gonna pierce it I wanna see an entire 4h candle closed over this zone.
Squeeze momentum indicator shows that price is contracting but bars look like those...
this time i see a triangle on uma/usdt chart on binance 4h timeframe
i know what you think yeah its not my favorite type of triangle and
it dont have the best reactions but still it might work
so be careful support and ressistance lines are visible in the chart
i will be happy if you like and share your opinion
wish you the best profits of all time
UMA update, for a long entry, wait until a strong-volume breakout of the 29 blue line.
You can set the line with an alert, and then observe the volume and confirm that it closes above the line on AT LEAST a 4hr chart (preferably higher time frame the better). If it breaks out past 7-8% above the line, you can wait for a retest of the $29 area to set your buy...