Umbrella
Umbrella network on the wayits just my chart and may be failure. so use your strategy to select your position
UMB/USDT This chart is screaming upside.
Classic accumulation signatures, rounding bottom and some serious daily hidden bullish divergence in development.
Backtest of $0.58 level was successful. Market participants now regard this level as support. Next stop is $0.85 level and beyond that $1.40 target.
UMBRELLA/USDTUMBRELLA run up and make support on golden pocket then move up to resistance at 0.6703 ..now make triangle pattern and inside potencial W pettern/bullish ,breakout triangle up and now try to support it ..if this happened there will be good entry point..for this trade is potencial 56.62% in a coming time ..there is also preview resistance/green line at 0.6 must to break or support for this run..cheers
Umbrella Pattern!I guess the name of the project really matches the pattern it has formed lol
Looks very bullish btw
UMB/USDT is aiming at 100x in this crypto super cycleFibonacci overextension of 4.236 is giving us a price target of almost 7$. During the lowest low of this oracle network token, the price dipped down to 0.07$. During bullish time tokens with low market cap and strong fundamentals go through different scenarios. The one presented here is linear and steady grow based on the solid APY of almost 150% coming from staking for the next few months. The fist resistance level is technically at 0.236 fib and psychologically just below 0.5$. Overextending beyond the fibonacci of 4.236 is not unseen in the crypto world and it is regarded as a pump, printing a lambo candle on the chart.
UMB UPDATEUmbrella Network has announced a partnership with Huobi
Under the partnership, Huobi Pool, Huobi’s mining and staking services division, will join Umbrella’s ecosystem and bring their deep operational and technical expertise in staking to become Umbrella Network’s latest validator partner.
Link : medium.com/umbrella-network/umbrella-network-announces-partnership-with-huobi-ffd7b9049f95
Amendment :
UMB won't list this mount in Binance but it will lunch in BSC (Binance Smart Chain)
My first target 5$
This mount (April) UMB will be listed on binance Amaizing chart whit usd pair in CoinMarketCap site.
Buy now in mxc exchange .
HARD TREND BREAKAGE.The view from the above.
See the very same pattern?
It is the expected hard trend breakage.
It is already happening!
That's why there's so many confusion around.
The same pattern, the same conditions, the rally is still on!
If we fail then a new WXYZ will form:
The failure can be confirmed with the price moving below 7650-7600.
Because at 7600 it would become clear, that a "higher timeframe correctional WXYZ"
is forming instead of the expected hard trend breakage.
Right now we are headed towards microscenario #II:
DO YOU Feel it?
It on!
