UMAUSDT.P trade ideas
BULLISH MARKET UMAUSDT - GRAB A BAGEmissary over here. Bullish market. Grab a bag. Very early entry.
Yellow line entry limit order - 4.222
Green line take profit - 4.736
Red line stop loss - 3.981
Setup will resolve in 2-3 days, maybe 5. No leverage needed.
DYOR, greettings
Leave your support, comment, boost, follow and thank you beforehand.
Bullish Pennant on the 4H chart. It looks like there is a bullish set up on UMA coin which might translate to a price increase to the upward. My initial target would be at the 100 fib channel line around the $6.10 range.
The confirmation for the price to continue upward is the 4hours long red candle that was followed by a short green candle which form a Piercing pattern (Bullish).
Stop loss should be below the wick of the green candle around the $4.28 price mark.
Not a financial advice.
UMA completing a setup for upto 19% pumpHi dear friends, hope you are well and welcome to the new trade setup of UMA token with US Dollar pair.
Recently we caught 12% pump of UMA as below:
Now on a daily time frame, UMA is about to complete a bullish Gartley move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ScalpA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
Be patient and enjoy your profit
Uma analaysisI believe Uma is showing bearish signs. If it breaks down from this level, my take profit set at the first significant low of a bullish candle .
UMA SHORTSELL at 3.966 Take Profit goal 12%. Reason is 1HR support brake, Bearish signals, Bearish BTC correlation, also no buyers.
uma I think the end of the Uma correction is coming soon and you can start gaining a little long position, I would keep it up to $13, but you can try long with a short stop:
output - 3,929
closing - 7,69
stop - 3.33
UMA can 27x this year, time to buy now?UMA is going up, and we have record bullish volume on the volume indicator. The breakout is confirmed with a huge volume spike on the major weekly chart. It looks really good; be careful of short-term corrections, but this coin can 27x this year. As per my Elliott Wave analysis, the complex correction WXYXZ is complete, and we are starting a huge impulse wave! It's clear at this point that the downtrend has ended and we can make some profits with this coin. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What makes UMA unique?
Oracles are a key part of blockchain infrastructure. They enable communication between the external world and on-chain environments in a trustless manner. Oracles are vital for many parts of the blockchain industry including decentralized finance (DeFi) and Web3 applications.
An optimistic oracle like UMA's uses a “true unless disputed” pattern, with a tokenholder vote to resolve disputes. Anyone can propose an answer to a data request, and it is accepted as true if it is not disputed during a verification period. The “optimistic” design differs from a price-feed oracle, where prices are streamed on-chain and are instantly final.
This optimistic oracle design concept has been in development since 2014, when Vitalik first published on the matter. There have been several iterations over the years since then. The optimistic design pattern introduces the opportunity for human intelligence to weigh in. This is important for Web3 projects as they require arbitrary data that is not always possible to turn into code.
Today, the OO provides flexible, unique dispute resolution involving any kind of question or data with human input, as compared to price feed oracles, which can only push regular price updates onto chains.
UMAUSDTUMAUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 6
What you guys think of this idea
UMA - 4H - Falling Wedge - Ending Wave c - Target $9UMA looks like it’s at the end of wave c on the 4H chart and also finishing a Falling Wedge pattern. From this point if this price level holds. UMA can make a massive increase to $9.
UMAUSDT is BullishUMA has given a breakout from the accumulation phase after a bullish divergence, it has printed a new higher high and is now course to print a higher low, which would confirm a bullish rally. Targets are mentioned on the chart.
UMA/USDT Ready for an Explosive Bullish Rally? 👀🚀UMA Analysis💎Paradisers, let's focus on #UMAUSDT, as the current trend signals a viable opportunity for a bullish turnaround from its essential support zone.
💎Reviewing #UMA's latest market activity, we note a significant 45% drop from its recent high. Yet, the steadfastness at the support level of $3.92 suggests a doorway to an upward trajectory.
💎Despite the challenges in surpassing new highs or previous milestones, leading to a temporary bearish sentiment, the $3.92 level is pivotal for #UMA. This point is teetering on the edge of sparking a substantial bullish wave upon another look.
💎As forward-thinking traders, we always have a plan B. If #UMA declines further from this support, we're gearing up for a bullish revival starting from the next support at $3.12. It's important to remember, however, that a fall below this marker could indicate a deeper bearish trend.
💎Keep your strategies adaptable and your eye on the market trends, Paradisers. Your ParadiseTeam is diligently watching, ready to guide you through these evolving market scenarios.
UMA/USDT-2H-BINANCEThis 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: Get Ready to BUYUMA/USDT is near 61,8% Fibonacci Support.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
#UMA 4.248 SHORT #UMA
4.248 SHORT
1. Small bar approach
2. Consolidation along the level with compression
3. Weaker than the market
4. There's emptiness below
🚨#UMA/USDT lONG#UMA
The price has been moving in a head and shoulders pattern since July 2022
Moving average 100 was broken
We are now at the right shoulder of pattern
Current price 2.18
First goal 3.56
Second goal 4.26
Which represents 200% of the current price
UMA USDT PERPHello Trader BINANCE:UMAUSDT.P
there is a possibility that these uma pairs form a cup and handle pattern. and the current position is again making its right shoulder / right shoulder so most likely the bounce area is at 5,237 or even at 5,300, you can limit buying at that rea.
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
📊#UMA potential double bottom structure deserves attention👀🧠We have entered a correction phase after a strong move up and there is currently an opportunity here for a double bottom bullish structure to form. In addition, there is also an expectation of rebound after sweeping the liquidity pool, so the next bullish trend is highly likely.📈
⚠️Note that there are no absolutes in the trading market, so risk management is a must.
➡️If you like my analysis, please don’t forget to like the post❤️
UMA SHORT I think UMA change its structure in bearish mood
UMA short
Go short with a stop loss.
TP: 4.5
UMA USDT PERPHello Trader BINANCE:UMAUSDT.P
The 1 hour pair looks like it failed to breakout, and it's too over bullish for yesterday, so there's a possibility to drop first to the 4,586 area.
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
