Downloading...
UMA / Bitcoin
Long

UMA / BTC - Bullish divergence

345
Following a 77% correction in price action and oversold condition (orange column) we now have an incredibly buy opportunity.

Price action is showing us regular bullish divergence with the oscillators, most notably RSI and the Money Flow Index (MFI). Additionally Stochastic RSI is crossing up 20.

1st target 75% from here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.