#UMA price is completing the ascending triangle pattern. When the price can break the resistance of the pattern, it can grow again to its previous ceiling.
The demand level of $3.100-$3.200 - is being consumed well. It is expected that the supply level of 3,800-3,600 dollars will be completely consumed soon, and the price will start to grow.
If the demand level is broken and the price falls below it, the trend will be downward.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.