UMAUSDT.P trade ideas
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
🌐 Tradingview
💵 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 🎲
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 😊👍🏻
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.
🌐 Tradingview
🏁 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 😊👍🏻
#UMAUSDT (Watchlist) 10/21#UMA maybe worth it to add this coin to your Watchlist. 👀
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Pree "like button" and leaving your "comments" below our ideas is great thing and supports us in providing more ideas.❤️
Good luck to All.
🙏we ask Allah reconcile and repay🙏
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
💡Don't miss the great buy opportunity in UMAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (12.006).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UMAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65
Take Profits:
TP1= @ 14.392
TP2= @ 15.323
TP3= @ 17.035
TP4= @ 18.598
TP5= @ 20.943
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Find me on:
💡Don't miss the great buy opportunity in UMAUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (12.006).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. UMAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65
Take Profits:
TP1= @ 14.392
TP2= @ 15.323
TP3= @ 17.035
TP4= @ 18.598
TP5= @ 20.943
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
UMA Price Prediction as of Oct 15 2021Hello All, I 've been following UMA closely for the past 6 months.
I invested in it because I saw it as fundamentally sound project with a lot of activities on Github and what they are trying to achieve.
It might be similar to Synthetix or other derivatives or synthetic tokens. They also might do well. But today I'm talking about UMA.
UMA is short for Universal Market Access.
BTC is very near its ATH and the ETF is likely to be approved by SEC and we are finally about to see this bull run take off.
----------------------- T. A.---------------------
As you can see in the chart we broke out of the triangle and by simple TA that would point us to a Target of 47.2 $
Fibonacci Retracement to the Golden Ratio leads us to mid 60 $ range.
I mean in a bull run, it would be hard to not make profit regardless of which token you invest in, but here is my macroscopic analysis on UMA price action.
I honestly think it can hit 3 digits considering that there is only 100 Million UMA tokens as the massive market that it can tap into.