Another Massive Breakout Of UMA Crypto Coin

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Hey friends this is a hope you’re well and welcome to the new update on another big day for because for the past several days it was moving inside this bch on the 4our time frame chart and as in my earlier videos I’ve have been showing you that now the movement is quite

Squeezed and now we are having a quite nice support here that is a quite nice support Zone that starts from $442 and goes to $420 and you can see that after this price accumulation inside the support Zone finally the price broke out the resistance of the veg previously this level has been

Breaking as a support here and now you can see that it is struggling to break out this short-term resistance that we have here at $485 previously you can see that this level has been breaking as a support here support here and therefore now it is breaking as a resistance and in

Today’s video we will analyze this move and I would also like to show you once again this huge breakout that is happened on the 7 Days time frame chart from this very very big falling red pattern and after that you can see that the price and was rejected by this

Resistance of $78 in fact this is another very strong long-term resistance on that starts from $78 and goes to $9 that has been previously breaking as a support Zone here support Zone here and support Zone here and here is a resistance onone and recently you can see that the price line again got

Rejected by this resistance once again and in today’s video we will analyze this move as well but before starting this analysis if you’re not subscribed to my Channel then do subscribe it and for more trading signals you can also join me and support me as a YouTube

Member or as a patreon member because there I’m sharing different trading signals for you and you can find the link to join me there in the vide description I’ve already shared now let me to take you to the live chart and before that I would like to share with

You my most recent trade signal for that I shared few days ago on 27th of January 2024 with my members and that was an expected harmonic po versal Cipher patent that you was completing on a 2hour time frame chart with US dollar pair this was the complete TR setup this

Was the buying range and the sell Targets on and the toop loss and by the way this move was formed with Bitcoin pair not with US dollar pair and now if I play this chart then you can see that the price and drop more down completed

The like here and then we had a very nice reversal and the price and read the sell Targets on here and this was almost 12% pump on this 2hour time frame chart and if you would like to cast each other pumps before they happen then you can

Also join me support me as a YouTube member or as a patreon member because there I’m sharing such trading signal for you on the daily basis and I wanted to share the links to join me there in the video description you can find now let me to take you to the live chart

Of and this is the uh first of all let me to show you the daily not daily the 4our time frame and you can see that for the past several days it f moving inside this fge pattern and after testing this support on the price L has geared up and

Now if you are about to trade this breakout from this F then you can set your stop loss below than this support of $42 because it is also a recent swing low before the break out from this Vedge pattern as well and now in order to

Continue this move to the upside we will need to break out this resistance of $485 if we take a look at the smaller time frame then you can see that on the hourly time frame chart the price L is this is the second hour that the price

And is struggling to break out this resistance of $485 Cent that has been previously breaking as a support here and support here by the way the target for this breakout from this veg pattern is here at the top of the vet that is approximately at

$5.70 and now if we take a look at the weekly time frame chart then here you can see that we have already broken out a very very big falling vge pattern for the past several months the price and was moving inside this vge uh when we

Found the support of the veg it was entered the veg here in the month of October 2020 we found a resistance in the month of fa 2021 and since then it was not able to break it out and now after the breakout we had a nice pump if

I place this measurement tool from this low to this High then you can see that so far it has pumped almost 4 78% now if we take a look at the final long-term Target for this huge breakout from this veg pattern that is here at the top of

The veg that is between $45 to $50 this was the update so far I hope that you’ve liked the analysis then do hit the like and do subscribe to the channel as well for more trading signals you can also join me and support me as a YouTube

Member or as a patreon member because there I’m sharing different trading signal for you and you can find a link to join me there in the videoos description I’ve shared take care goodbye