Uma pulling back for a slingshot move up

Long

UMA / TetherUS (BINANCE:UMAUSDT)

Mis à jour

BINANCE:UMAUSDT UMA / TetherUS

trendanalysis chartpattern indicator umausdt cryptocurrency crypto bitcoin

UMA is pushing into this nice ascending triangle, as long as Bitcoin stays stable we should see a good move back up to test 40 the previous ATH and then a retest of the fib levels of .786 or the .618, before we look to test the next stop at 55.

Commentaire:

Due to BTC's dump, This has clearly put a stop to growth in ALT coins and has prolonged this breakout, everything seems to be still in play holding up the trend line it's currently on. Still a hold for me.

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