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UMA / TetherUS PERPETUAL CONTRACT

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UMAUSDT.P trade ideas

UMA bottomed I had great expectations for UMA when entered it and saying it disappointed so far it's the least but after all the entire market went down and probably it was my fault, now instead everything bottomed and UMA makes no exception. Price action isn't encouraging and has been flirting with 1 Fib line but VLPR at daily timeframe shows UMA has been heavily bought close to that zone (I'll post the screenshot in the comments). At weekly timeframe we can clearly see an asymmetrical triangle which in this case is a bullish pattern, however even if UMA should fail to pump a thing is certain: from here the chances it pumps are far more than the chances it dumps. Check the risk/reward ratio on the screen and take in account I didn't even thought that UMA will reach the ATH in this analisys because I'm being cautious. Check the comments for the daily timeframe, I'll add some fresh comments there. Good luck P.S. can't rain forever!
Long
by Shotokhan
UMAUSDT - BUYING THE REAL DIPEmissary over here. Hello again everyone. Today we take a look at UMA. Right here we have the roadmap for this coin I've been following for a while now, for the next six months. Price offer and demand zones denoted in purple horizontal lines. Arrows drawn depict how I roughly expect the coin to do in the mid term. Plain and simple, buy the dip, from there on book your profits at the end of each green arrow and stack some more UMA at the end of each red one. Expected percentual profits for each move are depicted within the chart with the price range tool. Thank you for reading the message once again. If we reach 100 followers I'll do something special for my audience. If you like my work give it a thumbs up and leave a follow for more everyday analysis. Remember the message never sleeps. Also I'd like to hear your opinion in the comments. Remember this is no financial advise, DYOR and trade at your own pace and risk. Byebye
Long
by MessengerFromTheUnderworld
1
UMAUSDT Technical Analysis💎 UMAUSDT has been rejected by the support zone. The series of green candle show that the bulls can potentially push the price much higher. However, we might see a pullback after the pump. The price is moving to the next major resistance. 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 10.649 - 9.682 ☕️ TP1 11.535 🍺 TP2 13.019 🍻 TP3 14.663 🍾 TP4 16.234 🍷 TP5 17.631 🍸 TP6 19.000 🍹 TP7 🎁 TP8 🚫 SL 9.518 - 8.405 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 😊👍🏻
Long
by Fibonacci-Signals
2
UMA moves slowlyI'm sorry for the messy chart, but I prefered to leave both patterns to make you understand. As you can see the breakout from the descending channel I had posted weeks ago is still happening but very slow as there are too many sells in the resistance area (purple rectangle). It appears clear from the VLPR (more yellow than purple in the histogram) and also from the behavious of the price itself. So basically, as soon as the people that wants to sell around 13 and 14USDT will finish UMA should be able to continue the breakout. When that will happen two possible ways will present: 1) a breakout from the descending channel (modest pump) 2) price will touch 14.5USDT to form an Adam&Eve pattern. If this happens price should reach 22.5-23USDT Now, I've a bag of UMA and I'm aware this token is underperforming my expecation, but if altseason will affect positively every good project then UMA should get enough volume to go over its ATH. However it's also up to the company which I think, it's no doing marketing in a very interesting way. I'd buy some if price will retest channel's upper band. Good luck
by Shotokhan
umausdt has an uptrend movmenthi dear friends and crypto investors, as you can see, uma is moving inside an ascending channel, if at the bottom of the channel can come out of the triangle with good and strong candels, we can see target 1 and touch ,then if the price can break the high purple level, target 2 can touch by price , attention this is personal analysis and candelsticks pattern and price level must be used to enter and exit, ((confirmation is required to enter and exit any transaction, thanks for please like and follow me to share more chart and analysis with you, haatef
by Haatef
5