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Umausdtlong

UMA/SUDT : Breaking out from resistance zone BINANCE:UMAUSDT 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 located below UMA's current level 🔴 BTC's funding is high and it's at Greedy stage ! So set tight SL for short-term and mid-term positions... Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
29
UMA LONG, pumping out of support into right side of baseUMA potentially entering a pump out of the support area, with a 40% runway to previous ATH. First profit target is previous high of 44.12. Potential profit taking targets of 20% on the way to 40%. Resistance expected at ATH. Potential add on if confident to add after breakout from ATH Crypto 2021 Strategy notes: I enter trades in 5 and 10% positions (of total trading portolio). If possible I look to add to succesful positions to a max of 25% total of portfolio. For this cryptocurrency 2021 bull market, my profit taking targets are around 40-50%, in quarters, thirds or sometimes halfs. I look for 80-100% gains for further profit taking. Depending on the coin and cycle of its pumps, I hold some of my position through 100-200-300% returns on the lucky ones, taking profits on the way up. ($LUNA, $ADA)
Long
by EddieTradez
4
UMA LONG - The Next Top 10 Coin This Currency Handles The Market Conditions Excellently As You Will See In The Near Future, Expect to see this coin handle the market better than XRP - Soon To Be A Top 10 Ranked Coin Circulating Supply - 55,738,359 UMA 55% Max Supply 101,172,570 Total Supply 101,362,990 Max Supply Current MarketCap - $1,606,369,925 ^84.02% Volume 24h $826,593,628 Market Rank #32 What Is UMA ? UMA, or Universal Market Access, is a protocol for the creation of synthetic assets based on the Ethereum (ETH) blockchain. UMA was launched in December 2018. Synthetic assets are a class of assets that represent different, underlying assets and have the same value. UMA specifically enables its users to design and create self-executing, self-enforcing financial contracts secured by economic incentives and run them on Ethereum’s blockchain. In essence, UMA allows counterparties to digitize and automate any real-world financial derivatives, such as futures, contracts for differences (CFDs) or total return swaps. It also enables the creation of self-fulfilling derivative contracts based on digital assets, like other cryptocurrencies. Who Are the Founders of UMA? UMA was co-founded by Hart Lambur and Allison Lu, who met on the Goldman Sachs trading floor. In 2005, Lambur graduated from Columbia University with a computer science degree. In addition to co-founding UMA, he is also the CEO and co-founder of Risk Labs, the company in charge of developing the Universal Market Access protocol. Prior to UMA and Risk Labs, Lambur worked as a research assistant at Columbia and as a government bond trader at Goldman Sachs. He has also founded and headed Openfolio, a personal finance tracking platform which he sold to Stone Ridge Asset Management in 2017. Allison Lu has received a degree in Economics and Management from the Massachusetts Institute of Technology. Between 2009 and 2015, she worked as a vice president at Goldman Sachs, where Lu and Lambur met. Afterward, Lu worked as the VP of credit & risk analysis at the financial services mobile app Tala. She was also an advisor at One Daijo, an Ethereum-based peer-to-peer lending platform. What Makes UMA Unique? The main idea behind Universal Market Access is reflected in its name: by developing a protocol for the creation of synthetic assets and financial contracts on the blockchain, it seeks to democratize and decentralize the financial derivatives market. The traditional financial markets have high barriers to entry in the form of regulations and custody requirements, which tend to preclude individuals from participating in them. It is often especially difficult for would-be traders and investors to take part in markets outside of their local financial system. This prevents the emergence of a truly inclusive global financial market and limits participation to a handful of institutions that can afford the necessary due diligence and legal procedures. UMA contracts, on the other hand, are based on Ethereum’s blockchain, whose permissionless nature allows any user to create, run and trade digitized derivatives from anywhere in the world. This accessibility is especially important for the developing economies around the globe, where financial institutions are frequently far from maturity, forcing local market participants into relative isolation. BINANCE:UMAUSDT BINANCE:UMABTC GEMINI:UMAUSD COINBASE:UMAUSD POLONIEX:UMAUSDT OKEX:UMAUSDT COINBASE:UMAEUR BINANCE:UMAUSD KUCOIN:UMAUSDT OKEX:UMAETH COINBASE:UMAGBP BITTREX:UMAUSD HUOBI:UMAETH HUOBI:UMAUSDT COINBASE:UMABTC BITTREX:UMAUSDT BITTREX:UMAEUR HITBTC:UMAUSDT BITHUMB:UMAKRW BITTREX:UMABTC BITTREX:UMAETH HITBTC:UMABTC HITBTC:UMAUSD HUOBI:UMABTC UNISWAP:UMAWETH
Long
by MaverickTrading
1
UMAUSDT (Waiting for the resistance zone breakout)UMAUSDT (Day CHART) Technical Analysis Update Waiting for the resistance zone breakout UMA/USDT currently trading at $12.36 Buy-level: Above $13.40 (Only if 4 h candle close above resistance zone at $13.40) Stop loss: I will update once I see the breakout Resistance level 1 (Target 1): 16.25 Resistance level 2 (Target 2): $19.84 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment your thoughts.
Long
by GreenCryptoTrades
6