Umausd
UMA-USD Breakout imminent UMA USD pair, 1D chart.
Price is creating a higher lows and while attempting to surpass a resistance at $29 drew a bullish ascending triangle pattern.
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- Level to flip: $29 USD
- Potential short term target: $35
- Signal to cancel a trade: Break below a trendline (bottom line of ascending triangle).
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What is UMA? (via coingecko )
UMA allows anyone to create collateral-backed synthetic assets on-chain including S&P 500, Gold, Tesla stock, etc.
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This is not an financial advice.
Always do your own research.
Always check a bitcoin chart before trading an altcoins.
UMAUSDI like UMA, UMA is going to $74, but not overnight.... give it a few weeks or a month for those of you that are impatient...
not trading advice
tg
UMA BREAKOUT ALERT! WAIT FOR THE RETEST.If you are looking for shitcoin that can pump, check out UMA. Consolidates for almost one month. Next time you will see it close above $26 get in and hodl for $32 or above. From current price it is approximately 40% profit. Can do easily more if breakout above $30 resistance.
UMA - The mother of all pennantsUMA seems to be forming a massive pennant, a break out of either side should lead to an explosive move. The last time this thing went on a run, it 4x'd in a matter of a few days. A breakout to the upside could be a nice trade for MASSIVE gains. Technicals aside its a promising project similar to SNX, Don't sleep on this one!
UMAUSDT Projection!Here is my new system for my followers. I often get asked directly where to enter and where to exit. From today my charts will be displayed as above. As with all trading, probability plays a huge factor and other variables further decide where the price will go. I never truly know! This system looks for price overlap or equilibrium, the yellow boxes. Mixed with a quick RSI and a MACD with standard settings displayed as bars: green for up, purple for down, and gray for undecided, plus price inside channel above the 21 and 50 EMA. I hope this will help you swing trade and gain some profit. Good luck!
UMA looking spicy Let it ride with tight stop loss and the risk to reward ratio should treat you well. Not financial advice.
UMA/USD: NO Whammy NO Whammy! STOP! CASH? Pls?!What's Up my Financial Amigo's & Amigas:
Keeping it simple since I've had too much scotch at this point:
Shown here is a basic(ish) 3 Base Step Parabolic Curve Structure (or seemingly so despite a less than perfect step structure IMO - such may likely be worsened from the aforementioned scotch), Regardless: wherein, X mark'ith that M'Fing spot on that M'Fing plane, located just prior to largest leg up (thus far - Step 3).
Also, not TA per se...but my gut got a tingle this afternoon when I was walking my dog, so I bought some. Sometimes a gut is much more reliable than TA...and sometime you also lose money way faster lol. Gamble was and is easier said and done during bull markets I know, but the trend is ur friend, don't hate the playa, hate the game, yadi-yadi-yadi, where is my boat, etc.,
Also and essentially: I just think its time for UMA to move another leg up, or if not still, very close. It could also and very well go higher, but IDK, this is my first bull run so I am still unsure of how large gains can be----and honestly I am still burned a bit with have scars on my scars from last bear market...So 293% Profit will have to do...for now. Come get some!
If so... or even close to that, well honestly, I am gonna be the one who becomes parabolic if u know what I mean...get it...lol sorry but that joke was simply "too hard" to resist. ;)
Either way I'll prob sell sooner that my projection in order to pt those funds into another opportunity (since I am not a whale and still have bills to pay you arrogant trust fund babies in the chat room) JK, It's okay, I am jealous of that sort of financial freedom, but all good things come to those who wait right?!!? *** cough cough OXT cough cough ***
NOT financial advice. GL trading ladies and gents/people, etc.
UMAUSDT (UMA) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- UMAUSDT brokeout above the horizontal resistance level and hit an ATH
- Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level.
- RSI is printing a bullish divergence signal (BDS 🔼).
- The retracement is bounded in the falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- A breakout above the falling wedge's resistance could be an uptrend continuation signal.
- Price action is printing a double bottom pattern at the retest area.
- A double bottom pattern is a bullish reversal pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
-Breakdown below the double bottom horizontal support level.
🆓UMA/USDT Analysis (24/2) #UMA $UMAThere is good buying force at 20$ zone and now it is heading to 30$ zone, this zone is very strong so I think it will take us some days to break through this zone to move up to re-test the ATH at 42$ zone
📈BUY
-Buy: 20-21$. SL if B
-Buy: 29-30$ if A. SL if B
📉SELL
-Sell: 29-30$. SL if A
-Sell: 41-43$. SL if A
♻️BACK-UP
-Sell: 20-21$ if B. SL if A
-Buy: 15.5-16.5$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
UMA/USD 4h Possible Cup and Handle by the End of MarchPlaying around with the price predictions I've came over the potential for a huge Cup and Handle pattern for the Unified Market Access USD pair.
Of course this is just one of possible scenarios and yeah, it's a positive one. Let's watch what will happen soon.
Meanwhile I'm using the market dip to perform dollar cost averaging for the UMAUSD pair.
This is not an investment advice as I'm not a financial advisor.
Make your investment decisions at your own risk and perform your own researches.
And REMEMBER: Likes and comments make your trades much more successful :)
UMA probably one more move down before breakoutIt looks like we are going down short term before UMA breaks out the bullish flag.
UMAUSDT (UMA) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- UMAUSDT is printing a falling wedge pattern.
- This is reversal pattern.
- A bullish pattern to be precise.
- Price action is printing the double bottom pattern.
- This is also a bullish reversal pattern.
- RSI is printing a bullish divergence signal.
- Price is testing the falling wedge's resistance and double bottom neckline resistance.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and the double bottom neckline resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the double bottom horizontal support level (S1).
UMA - long opportunity UMA looks like it will approach resistance - initial trade.
Expecting break and short term rally.
Best, HF
UMA High and Tight Flag Pattern - Potential 300% GainsUMA has the set up for a high and tight flag pattern but has not confirmed breakout yet.
If breakout does occur above the top of the flag pole there is potential for a 300% increase in price.
One worth watching.
💡UMA: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021After long accumulation UMA is steadily rising upside.
in 1-2 weeks targets will be achieved
UMAUSD Crawling near major support LongUMAUSD Crawling near major support of 61.8% @ 15min chart
Should jump within 24-48 hrs
Invest @ your own discretion.
Regards
UMAUSDT (UMA) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- UMAUSDT was printing a falling wedge pattern.
- This is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance.
- Price retraced and tested the 0.618 fibonacci retracement level.
- Price action is currently printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Aggressive (risky): current market price (now).
- Conservative: breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
UMA creating a descending triangle UMA is looking very undecided at the moment.
Looking at the chart, we are seeing a clear downtrend. Yet, if we pay attention to the RSI, it signals that UMA is a bit undervalued at the moment, on the hourly chart. On the 4 hour chart, it does signal slight overboughtness, increasing it on the daily chart, which indicates that we are being overtaken by a bearish trend.
Similarly to the RSI, on hourly chart MACD is also undecided and can go either way from here.
Confused as probably you are, I decided to dive and investigate the on-chain data and where does signal a clear bullish trend which may mean that we are now is a perfect buying zone. This also proved with the Fibonacci retracement.
We are also coming to an important breaking point of a descending triangle which started its creation since our huge breakout on 3rd of February and later today we should confirm breakout or breakdown from the triangle.
With this all in mind, we have two scenarios:
1. Jump to 34 EUR and confirm the new all time high
2. Fall to 14 EUR where we have solid support from the early investors
Let me know your opinion on this and let's discuss our best moves here.
Happy trading.
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