UMAUSDT
UMA ResultWell on the previous analysis I stated that UMA has reached an important resistance level.
so I was waiting for a correction.Now that correction is complete and it reached a support level , and to me it seems like an interesting area to go long.
check the link below to see the previous analysis.
UMAUSDT Technical Analysis⏳ Spot
💎 UMAUSDT has got rejected from the major resistance. It is going to have a pullback at the previous support and then we can expect another bullish move. It can pump after the resistance breakout
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💵 Invest Only 5% of your Portfolio
🎳 Entry Now or at 15.261 to 17.385
☕️ TP1 21.854
🍺 TP2 26.235
🍻 TP3 30.084
🍾 TP4 33.845
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 13.668 to 15.261
Good Luck 🎲
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UMAUSDT is Heating up - BOS ConfirmedBOS - Break of structure
KR/KS - Key Resistance/ Support
ATH - All Time High
UMAUSDT🔥 - We are looking to see price fall back to the demand zone since BOS is confirmed.
I will look forward to buying in at demand zone ( 13.621 area )
Follow targets 1 and 2 to secure your profits. You may re-enter at our virtual demand zone and exit 50% at target 2, then leave the rest to see what price will do
Kindly do place your SL below KS.
Like, follow me and Comment below, let me know what you think.
UMA/USDT Long possition from current pricesUMA/USDT chart is on the second attempt to break and close above multi-week supply/resistance line (red line)
UMA retraced -82% from ATH
Support levels are marked green on the chart
Take profit levels are marked yellow on the chart
The trade setup is invalid if weekly closes belove 10.718
UMAUSDT Technical Analysis⏳ Spot
💎 UMAUSDT has broken above the symmetrical triangle, the retest has been successful and the pullback has happened already. After series of rejections I expect that it goes higher.
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or at 11.996 to 12.947
☕️ TP1 14.008
🍺 TP2 15.269
🍻 TP3 16.856
🍾 TP4 18.543
🍷 TP5 20.597
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 11.295 to 11.996
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
UMA bullish potentialUMA has been consolidating since end of May into a range between 14$ and 9$.
We are now at resistance which mean we could get rejected here, but volumes have entered well yesterday and MACD Daily/Weekly are looking good. BB are also opening in Daily which mean the move could continue and break the resistance.
A retest to 12$/11$ area would be an opportunity to go long and target a larger move higher into 20$ then 40$.
CRYPTO - UMA - Bull Flag almost complete. Get longCRYPTO - UMA - Bull Flag almost complete. UMA has just taken a nice healthy breather after some strong buying volume. The selling volume and strength is weak. The spring is building. Should explode again. If you look back this is the 3rd time this pattern has occurred on this run alone. Looks nice.
Volume = Large green candles on the last surge up. No volume on the bull flag.
RSI = not the best but the same pattern as previous bull flag.
Target 1 = 15.50
Stop = 11.80
UMAUSD H16: BUY/HOLD 150% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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UMAUSD H16: BUY/HOLD 150% gains BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: UMAUSD 16hours/candle chart review
::: accumulation setup in progress
::: currently ACCUMULATION MODE
::: BULLS reload low near point C
::: BUY/ACCUMULATE near range lows
::: strong bullish chart
::: up to 150% gains possible later
::: short-term pullback possible
::: bulls wait for pullback
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +150% gains
::: details: see chart
::: FINAL TP is +150%
::: recommended strategy: BUY/HOLD after correction
::: best entry near range lows
::: TP BULLS +150% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BULLS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
UMA/USDT { UMA } - BULLISH SETUPANALYSIS 🔎
- UMA/USDT is retesting the all-time low support.
- There is a relatively high concentration of buyers at this zone.
- The downtrend is resisted by the descending trendline resistance.
- Price is testing the descending trendline resistance.
- Price action is printing an ascending triangle at the test zone.
- A breakout above the descending trendline resistance and ascending triangle's horizontal resistance could be a bullish signal.
- This breakout will lead to the formation of the bullish double bottom pattern.
BUY ENTRY ⬆️
- Conservative entry: breakout above the descending trendline resistance and ascending triangle's horizontal resistance (@11.959).
- Aggressive entry: current market price.
TARGETS 🎯
- Horizontal resistance level (@15.303).
- Horizontal resistance level (@33.470).
- Horizontal resistance level (@43.998).
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the ascending triangle's inclined support.
- Final invalidation: breakdown below the all-time low support (@7.277).
UMA looks greatYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
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UMA trying to go over EMA 200 UMA was disappointing during the past bear wave as it retraced more than it should have, especially if you compare it with other projects, indeed as you can see, it touched the 1 Fib line. However the dump is over and as the rest of the market it's starting to slowly rise up.
Since the chart is pretty "young" my TA it's kinda a speculation. Supposing it'll repeat what it did in the past the half circle at the bottom is almost over. I've used the bars pattern to show how it could go but offo course this is not very accurate, however if you check how price was in the TMA before the last super pump and it is currently it seems we're on track for another pump.
What's accurate instead is that UMA's price bottomed on the 1 Fib level meaning from there we can only go up, especially until the end of this cycle (Q4 2021 I suppose). Check the yellow trend line though, if price touches that one it's still acceptable.
I hope my TA plays out, I'll try to keep you more posted about it but please, be aware I'm still working a lot.
UMA formed bullish Gartley for upto 270% big moveHi dear patrons, hope you are well and welcome to the new update on UMA token.
Previously we had a nice short trade of UMA token:
Now on the weekly time frame chart, UMA has formed Gartley pattern. At the moment we are at the start of buying zone and there is a distance of 29% from the stop loss, but i think this trade has the potential to produce a big profit after such a perfect Gartley formation and a price reversal has been started.