Wishful ThinkingThere's a lot of downward momentum, however this is a good entry for a short-term long position. Tight stop loss, with lots of potential gain.
UMA surges in downtrend weekThe crypto bull market of last week has been somewhat nervous, because of a major downtrend, from 49k till 38500. UMA skyrocketed though. There was some great news of a solution for lending protocols that can save lenders of money 10s of millions during a year.
While all crypto went down hard, som
UMA-USD WEEKLY HEAD & SHOULDERS LOOKBACK (LOG SCALE)In a comprehensive analysis of the historical logarithmic weekly chart of UMA-USD on Coinbase, we can glean valuable insights from the interplay of candlestick charting, the Head and Shoulders pattern, and the significance of analyzing volume. This combination offers a multifaceted view of market dy
UMAUSD - Bull testCurrently price is trending downward within the lower to green lines.
Plotting another inverted H&S along this channel allows promise for another test for the bulls.
The higher green line is where I expect price to move to in the short term if this outcome originates.
✴️ UMA | New 1,2,3,4 Steps Pattern Revealed (I Am Your Support!)This is a pattern that we can look at across multiple charts to help us predict what will happen next.
#1 Is the initial/early year bullish breakout.
#2 Is the first low/support after said breakout.
#3 Is the higher low (lower low compared to #2 in some cases).
#4 is where we are at all across, th
UMA Bottom?never say never but this looks like a bottom at this point, once it breaks this lower support downside is ofc unlimited, who knows what this project is or does but the charts are here looks like there is some decent support around this area. will it hold? stay tuned to find out
UMA/USDT - PULLBACK AND UP AGAIN !Just made nice 40% profit on trade which is also shown on chart.
RSI now is very high, it need to cool and go down.
I marked buyzone and possible scenario for price and RSI movement in WHITE colors.
Share your ideas and thoughts.
aWAIT MACD CrossoverHello Traders
Wait for the MACD Crossover and once above the channel we can enter long.
Accumulation zone right now.
Marked some important dates to keep a lookout for
24 Jan 2022
04 Apr 2022
28 Nov 2022
16 Jan 2023
Target: $35.00
Stop Loss: $3.5
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UMA about to take off, a possible 80-100% gain incomingToday we saw a similar coin, ZRX (in terms of bullish momentum and price movement), take off along with a few other coins over the past few days like JASMY and LUNA. In a very similar way, I'm seeing a high hidden bullish divergence on UMA. When you compare the volume profile of UMA, especially at t
UMA Bullish Long...wait for itUMA strong support at $7.59...needs to break above $8.500 resistance & top the 10 day DEMA to signal buy.
50 & 200 steadily approaching crossover would also signal bullish outlook.
Weekly MACD already signals Golden Cross
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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