csdailey

csdailey Updated 

The volume right now is huge. I could see FIL trying to hit $26 again. If that breaks, we're going to $28. If I see any unusual activity or if it looks like the current down trend hits an upwards resistance, I will make an entry. There is a potential 20% gain. Also, the market for BTC and ETH is going up, which is good for everyone.

csdailey

This RSI pattern is terrible. There are 2 options I see: 1. Because $26 got rejected, they are selling until the resistance line to cool off 2. The pump is over. If we pass $26, then we will easily hit $28. What I'm confused about is that the volume on the daily time frame is massive (3x the previous high). I'm surprised we didn't break upwards more..

csdailey

Looks like we're going down this afternoon.

csdailey

Waiting for it to be at the bottom of the range before an entry.

csdailey

I've been sleeping on this coin since it was put on coinbase... It just keeps going up. It's pretty far from the resistance line and I'm not sure if this is a good short term entry or not.

csdailey Updated 

Sell pressure dropping for now. Most likely a 5% pump. Volume is low. Large range on the sell side. Would need a lot of volume to break resistance.

csdailey

If NUUSD holds above $.23 for now, it's looking good for the bulls. I'm surprised we haven't touched the resistance line yet. The recent pump today is surprising.

csdailey

Show is over for now. Back to a slow drop for now.

csdailey

Daily volume is low. Stuck between 2 resistances. Little movement. Only bot traders left. Perhaps, low volume is followed by a pump? Risk reward is just not there. There is no momentum. Must drop before it's able to climb again. Or we need some really good UMA news.

csdailey

The drop is running out of energy

csdailey

We are currently in a bull run so anything could happen... but right now UMA is making higher highs with a lower RSI. I would not be surprised if UMA went down short term to touch the longer term resistance and then bounce. Overall, UMA is definitely bullish, but I wouldn't say the uptrend is that aggressive.

csdailey

Look at the weekly umabtc ratio. Looks like we're finding weekly support and the volume is dropping. Reversal soon tm?

csdailey

UMAUSD is being accumulated right now. I'm waiting for the big pump for I dump.

csdailey

Will this be the next resistance?

csdailey

As you probably know already: The market is extremely bullish today. DTNUSDC is up 400% today? Also, most of defi has seen big gains of 20-30%. However, UMAUSD has been a sleeper. The volume is extremely low. This could be seen two ways: A) Low volume means little interest since UMA has had a history of failed pumps. B) Low volume means the whales are waiting...

csdailey

Selling pressure looks like it's dying off.

csdailey

Dump before the pump. RSI is heavily oversold. Might hit .20 since that's the psychological level.

csdailey Updated 

I'm very surprised OXT broke this support line. The market right now just keeps dropping.. but the volume for OXT is extremely small that it's back to pre-pump levels. I would assume this is some type of signal that sellers have been exhausted. OXT really can't drop more from here unless there's a big shock to the market. This really would not be a bad time to...