Helical_Trades

UMA/SUDT : Breaking out from resistance zone

BINANCE:UMAUSDT   UMA / TetherUS
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

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