$UMA Livermore Speculative CylinderBeautiful broadening patterns on both the longer scope, and local structure as well. Class C Bullish divergence on the RSI, and trend convergence on the potential double bottom. I would expect UMA to have its day if we do see a dramatic bullish reversal in the general trend of the market. Good stuff
UMAUSDT trade ideas
UMA ready to start rally#UMA/USDT
$UMA is above long term ascending support and weekly candlestick pattern is bullish.
so price can head up from here toward descending resistance line where a resistance zone and parallel trend line meet. breaking out from this zone will increase price to next resistance zone around $20.
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
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 😊👍🏻
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
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