UMAUSDT
UMA: ONCE OUT, THERE WILL BE NO STOPPING IT!Volume had almost flattened until recently. It has been climbing gradually and steadily for some time now.
MACD & RSI are poised to scale higher.
This accumulation in the channel means set your alerts and gear up for a fast and furious ride. My alert is set for 34.2. Once a breakout is confirmed, I won't hesitate.
In case of a breakout, my target is 76.
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
UMA / USDT action updateUMA update, for a long entry, wait until a strong-volume breakout of the 29 blue line.
You can set the line with an alert, and then observe the volume and confirm that it closes above the line on AT LEAST a 4hr chart (preferably higher time frame the better). If it breaks out past 7-8% above the line, you can wait for a retest of the $29 area to set your buy limits.
My stop losses during this bull cycle of past few months is around 10-13% with profit targets 30%+, often seeking 40%-100% gains and taking profits in increments.
You can also use breakouts and chart analysis to determine your best points of entry for long term holds.
UMA runs out of gas... Squeezed back to 20 dollarsLowering volume and a descending triangle reflecting little interest in pushing UMA back up. Stochastics RSI showing it's already starting to trend down to the psychological whole number of 20. Expect it to tumble to 20 and if it hits the floor hard enough.... maybe UMA will start looking sad.
A quote from VIA News, UMA is currently on bearish momentum by 7.37% in the last 6 hours. At 21:22 EST on Saturday, 3 April, UMA is at $24.70. They seemed to agree on the downward trajectory here.
BTW, Does anyone think UMA Thurman