UMAUSDT trade ideas
UMA trapped inside the triangleUMA is making higher highs so eventually if this continues will escapee the triangle
UMA/USDT - Long - Potential 12.10%*NEW TRADE SET-UP*
UMA/USDT - Long - Potential 12.10%
Optional Leverage: N/A
Entry- 8.020
TP1 (75%) - 8.478
TP2 (25%) - 8.988
SL- 7.483
- BTC rise halted - ALT's to rise
- RR - 1.81
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
UMA/USDT - Long - Potential 8.89%*NEW TRADE SET-UP*
UMA/USDT - Long - Potential 8.89%
Trade Set-Up Only:
N/A
Entry- 7.201
TP1- 7.533
TP2 - 7.841
SL- 6.748
Triggers;
- Multiple Resistance break ups
- Rejection from local support
- Rejection from trend support
- Potential Bullish Symmetrical Triangle formed
- Bullish Correlation
Notes;
- FYI - Not the worlds greatest R:R
- Alt market volume increasing
- Trailing Buy, TP & SL recommended
UMAUSDT ://major resistance levelwill uma run like it has in the past in 20 plus hour blocks or fizal out like that last fant prior to this pump on 4hr
UMA is at the first restantance level. /look at previous runs on 4hr and see it stop, build, then run to next level_usually in one 4hr block or less.
take profits here n move on cautiously. Volume has dropped and this ones the bitch her name sounds like. UMA stick n move on this one
But i will add this... We think this one has the potential especially with the rite business climate to boom and quickly
_HGM
UMAUSDT 1DY ://is about to runstop loss at 6.46. Look to get in and out on this one. When this one dumps it dumps hard.
UMA Price: 70% in Profit by Nov 1?UMA looks bearish right now.
Great opportunity to short the coin.
Do NOT forget about a STOP-LOSS!
UMAUSDT 4hr ://saw it and missed it.of course Uma popped again where we thought it would just not how we thought it would. Honestly i was scared and distracted on this one and missed it. I do believe UMA hits 20.00 in 2021 but im still not on this full time long yet. Like a lot of us we are waiting the next few months to choose are long positions on these outlier tokens like UMA CRO XLM XRP etc etc
Pulse of an asset ala Fibonacci: UMA nearing Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the buyers still there? Enough to absorb the selling power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.
Just above the Impulse is a common "Accumulation Zone".
Of interest would be consolidation between the 1.0 and 1.236.
If accumulation seen, then a break and retest of 1.236 is the entry.
Part of my ongoing series to collect examples of my Methodology : (click links below)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place <= Current Example
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
.
.
Ordered Chaos
every Wave is born from Impulse,
like a Pebble into Water.
every Pebble bears its own Ripples,
gilded of Ratio Golden.
every Ripple behaves as its forerunner,
setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
UMA/USDT (Retest Previous Support)POLONIEX: UMAUSDT
-UMA is trading inside a descending channel after a series of rejection at the trendline resistance
-It is also trading just above the previous support area at 12-11 dollars
-If this immediate support level will hold and see a channel breakout
-That is a good potential entry point for upside continuation up to 26 dollars
-But if this level failed, keep an eye at 8 dollars next major support
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
UMA- Oracle playUMA is another oracle player along with Chainlink and Band.
Oracle is the pick and shovel play in the DeFi race.
