UMA-USD Breakout imminent

12 เม.ย. 2021

UMA USD pair, 1D chart.
Price is creating a higher lows and while attempting to surpass a resistance at $29 drew a bullish ascending triangle pattern.
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- Level to flip: $29 USD
- Potential short term target: $35
- Signal to cancel a trade: Break below a trendline (bottom line of ascending triangle).
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What is UMA? (via coingecko )
UMA allows anyone to create collateral-backed synthetic assets on-chain including S&P 500, Gold, Tesla stock, etc.
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This is not an financial advice.
Always do your own research.
Always check a bitcoin chart before trading an altcoins.