UMAUSDT
UMA Jumps | 115% Potential Follows (Over 60% For Easy Target)Everyday we see different Altcoins recovering from their recently hit lows.
We are starting to see strong bullish breakouts daily now.
The next jump came from UMAUSDT.
Today alone we have a +30% candle as prices move above EMA50 on high volume.
Closing above $1.892 sends out a strong bullish signal.
Even a close below this level is still bullish.
With this type of action, we can expect additional growth to follow.
The easytarget is set at 62% from the current price, can happen short-term.
The main target is set at 115% and can also happen within a month or it can take a bit longer.
Namaste.
Trading opportunity for long position UMAUSDTBased on technical factors there is a Long position in :
📊 UMAUSDT
🔵 Long Now 2.355
🧯 Stop loss 2.166
🏹 Target 1 2.700
🏹 Target 2 3.200
🏹 Target 3 3.900
💸RISK : 1%
We hope it is profitable for you ❤️
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UMA ready to pump in a short-termUMAUSDT is ready to pump in a short-term.
It looks like both on 4h and 1D timeframes UMAUSDT is forming its temporary bottom and is ready to join other altcoins for its own relief rally.
We expect UMA to reach 4,80 - 5,20 in the next week.
-Trade on stop.
-If drops lower, accumulate
-High risk trade. Trade only as much as you´re willing to lose
A Look At Oracle Protocols Huge Upside PotentialHere a look at Chainlink (LINK), Universal Market Access (UMA) and WINkLink (WIN) in comparison to BTC and as a type of blockchain protocol.
Overall the oracle protocols have heavily retraced about 80%-95% and it appears they are ready to explode again.
Assuming Bitcoin will kick off heresoon the final leg of its bull cycle these altcoins have great potential to gain market cap and price.
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UMA BRECKOUT! READY TO PUMP 100%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
UMA is breaking out from the bullish pennant pattern. I'm expecting a big move from it. Buy some now and hold it for some time.
Entry range:- $8-$8.3
Target1:- $9.6
Target2:- $11.2
Target3:- $13.4
Target4:- $16
SL:- $7.5
This chart is likely to help you in making better trade decisions if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
UMA/USDT: BREAKOUT! READY FOR 100% PUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this UMA/USDT TRADE setup. UMA looks bullish here.
UMA is breaking out from the bullish pennant pattern. I'm expecting a big move from it. Buy some now and hold it for some time.
Entry range:- $8-$8.3
Target1:- $9.6
Target2:- $11.2
Target3:- $13.4
Target4:- $16
SL:- $7.5
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Also, share your views in the comment section.
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UMA/USDT Long Term Targets(+600%)Hello Traders
One of good projects in crypto community is UMA.
UMA project focused on Web3, Universal Market Access and etc.
So it could attract many attentions.
Technically, we can see a huge accumulation phase in UMA/USDT.
Staying in a range zone for a long term means it could explode any time.
Targets are shown in chart based on bullish view.
Like, Follow and Share Please.
Stay Safe.
Thanks For Reading.
-RC
UMA to retest EMA 200Volume is low but price is extremely squeezed so I sudden move is to be expected. MACD appears to be approaching signal line, this could be a shift of the momentum. We saw UMA testing EMA 200 and failing once, a second test could be on the way. Price it's also close to falling wedge border, we could see a break out soon if volume rise up.
I suggest entering and having a tight stop loss because BTC is closing daily candlestick as an inverted hammer so market could go down.
UMA getting rejected on a resistanceThis is the bigger picture for UMA which honestly has been digging and digging until making a all time low pissing me off royally. However, as you can see, it's inside a huge descending wedge which should pump once will broke out. The question is: when?
UMA disappointed me a lot and its price performances proved not to keep up with its fundamentals which instead are very solid. I think BTC is getting rejected as well on a resistance right now meaning that the good pump UMA has had today might easily fade off taking the price down again.
If we go again below 5 USDT it'll be worth accumulating a bit just in case of such pumps, same reasoning if instead price turn current resistance into a support. Please keep in mind that right now I consider UMA a dangerous investment which can brings back high return quickly should it repeats its previous price action (February 2021), so if you buy it be aware things can go bad.
Good luck
Trading Signal For UMAUSDT UMATrading Signal:
A Trading Signal is seen in the UMAUSDT UMA.
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 5.95
⭕️SL: close below 5.60
🔵TP1 @ 7.05
🔵TP2 @ 8.15
🔵TP3 @ 11.25
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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