UMA is a decentralized platform for the creation, maintenance, and settlement of “priceless” financial contracts on Ethereum. The system consists of priceless financial contract designs and a decentralized oracle mechanism. The UMA protocol enables any two counterparties to design and enter their own custom made financial contract.
look good if trend continues to buy the dip but this one is a bitch so be carefull and take the 15%plus n watch to exit for profit and run if get that far
_HGM
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...
My strategy consists of multi-timeframe analysis: Weekly timeframe / Daily / 4 Hours / 15 minutes (contact PM)
Each timeframe has its own color scheme: green arrows / blue / red / yellow
Weekly TF serves to determine the global market vector, long-term trends and key levels.
The daily TF is used to build a scenario from 0.5 months to 3 months, taking into account...
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
