UMAUSDT trade ideas
UMA bullish outlook.UMA is currently trading in bullish trend while trading above 50 period SMA with no divergence at daily time frame, one can trade long entering at price 4.408 managing SL at 3.452 and TP at 5.969.
UMA/USDT I BUY SETUP✔︎📈 BINANCE:UMAUSDT SIGNAL
✔︎ENTRY : 4.166
🏓TARGETS :
✔︎ T1 : 4.516
✔︎ T2 : 5.40
✔︎ T3 : 5.623
✔︎ Long term T4
✘ STOP : 3.817
🚦Stop Trigger:
• If you make capital management: Stop is activated when one candle opening and closing
below the stop level of the same time frame of the signal.
• If you don't make capital management: Stop is direct without waiting for the candle to close.
💡Risk management :
• Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities.
• Sell (25% to 50%) on (T1) and don't move your stop-loss.
• Sell 50% on (T2) and move your stop loss to the entry point.
• You are safe now, and the next 25% is up to you.
💡Reason for this trade:
BINANCE:UMAUSDT gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- previous weekly low
2- Value Area Deviation
• Opposite side targets:
1- valu area high
2- liquidity void
3- range high
💡Entry setup
1- reclaim POC
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
UMA gearing up for $7 Dollars.UMA is gearing up for a $7 rally soon. The breakout has already taken place, and soon we will possibly see UMA with a 70%-100% gain. This trade setup is both for spot and futures, so make sure you do your own research before investing.
Entry: $3.78 to CMP.
Stop loss: $3.619.
Targets: $4.85, $5.44, $6.08, $7.12.
Regards,
Team Dexter.
Altcoin Alert: UMA Potential Breakout Overview:
The recent surge in Bitcoin could soon translate into buying pressure for altcoins. Let's focus on NSE:UMA using the 1D chart.
Bull Flag Formation:
UMA is currently forming a clear bull flag pattern, indicating a potential breakout. If it materializes, we could witness an explosive 186% move. Although it might seem far-fetched, such occurrences are not uncommon in the crypto space.
Market Cap and Ranking:
UMA boasts a modest market cap of $492M and holds the 190th rank among all coins. Given its market cap, it has the potential to swiftly climb the rankings with a breakout.
Indicator Insight:
Keep an eye on the "Squeeze Momentum TD" indicator on the chart. This free tool helps identify bullish or bearish momentum. Currently, the indicator is transitioning from light red to dark red, suggesting that bearish momentum might be losing steam. For confirmation, we'd ideally want to see a breakout accompanied by dark or light green on the indicator.
Trade Strategy:
While there's no trigger yet, it's crucial to monitor the price closely for any breakout signals. Once a breakout occurs with confirmation from the indicator, it could present a lucrative long trade opportunity.
Stay tuned for updates as the situation develops!
UMA Sounds Promising for the coming monthsUMA is about to break its historic descending channel and is ranging in the flip zone for the past month,
Just in case i purchased 1000$ in the demand zone and waiting for the upcoming alt season
Good project, made correction, most of capital belongs to holders and fellows... I'm aiming really high on this one
UMABy breaking the resistance structure, Uma tricks long traders into long just to liquidate their positions, only to move downwards. Therefore, I am capitalizing on this trend by shorting.
UMA - fasten your seatbeltsFasten your seatbelts. UMA can really do this at we see each other at 10$ soon. FIB resistance is at 11$ - maybe we will visit that. UMA can make even 100$ this year. It can be another SOLANA. Project is developed from 2014 and now its usability is really good.
UMA Hidden GemA simple Trend Based Fib Extension shows the possibliy of a surge to the upper $6 to $6.77 range soon. Fingers crossed!
UMA ANALYSIS💥💥#UMA Analysis 🚀🚀
🔮 Falling wedge Breakout has already Done in #UMA in 8H timeframe.✅
Now,ready for good bullish wave, maximum chance to gain is 40% profit in coming days.... 💸💸
👀Current Price: $4.218
🚀 Target Price: $5.743
⚡️What to do ?
👀Keep an eye on #UMA price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#UMA #Cryptocurrency #TechnicalAnalysis #DYOR
UMA Long Opportunity UMA Long Opportunity
Breakout of trendline
Breakout of residence
Breakout of Volume
Breakout of MA
See you on the 🌙
UMAUSDTmy entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
UMAThe support has now become resistance, indicated by a rejection sign. I am currently capitalizing on the Lowes wick, which is attracting liquidity. Alternatively, I may consider taking partial profits beforehand.
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
