UMAUSDT trade ideas
Crypto|UMA/USDT|LongLong UMA/USDT
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
Red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
UMA/USDT TRIANGLE Hi guys
this time i see a triangle on uma/usdt chart on binance 4h timeframe
i know what you think yeah its not my favorite type of triangle and
it dont have the best reactions but still it might work
so be careful support and ressistance lines are visible in the chart
i will be happy if you like and share your opinion
wish you the best profits of all time
bb
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 looks fineI don't know what to say chart looks beatiful accumulation zone for a timebeing and pump to upwards then a pullback .
Everything looks great RSI and BB seems positive.
Broke upwards the downtrend but couldnt its move . As I seem important area will be 29usdt and the area it hold the price as support.
Crypto|UMA/USDT|LongLong UMA/USDT
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
Red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
UMA testing again the resistanceUMA's broke out the triangle a couple of days ago, overnight price has rised and now is testing for the fourth time the 26.4-27USDT resistance zone. This has proved to be a pretty tough one, to be sure price gonna pierce it I wanna see an entire 4h candle closed over this zone.
Squeeze momentum indicator shows that price is contracting but bars look like those before a pump, however there's a slight chance that this can go down since this resistance is very strong.
What worries me is the RSI at 1h which forms a bearish DIV from 31st of March to today. For this reason I'm not labelling this signal as long or short but as neutral.
Over the long period I'm bullish on this project, it's no surprise anymore but I know that often it lacked of the volume needed to step up so let's say I'm neutral.
If you wanna enter the trade do it with 30% when a 4h candle closes over the resistance zone, if price goes over 28.3 (always closing a candle over that price) you can enter with the remaining 70%.
I won't advice to short because it'd be a very small one, the risk would be way bigger than the profit.