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UMA/USDT PG Breakout and the Nail Range on Daily Chart by break-out-trader

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· @break-out-trader ·
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UMA/USDT PG Breakout and the Nail Range on Daily Chart

![Screenshot_20210116_161426.jpg](https://files.peakd.com/file/peakd-hive/break-out-trader/x6ihoI7S-Screenshot_20210116_161426.jpg)



# UMA/USDT are we now overcoming the zone of pain?

A trading signal was triggered in this cryptocurrency a few weeks ago. The PG was exited on the upside last week and this week we saw stronger buying again. On the daily chart, we are in a wide range with long wicks on the upside. But now this dangerous zone could be exited, as a first small uptrend has been born. As soon as $12.80 is broken on the upside, we are once again in wave 5 of a young trend. Let's see if we break this mark in the chart soon, but the PG should already help.


![Screenshot_20210116_161320.jpg](https://files.peakd.com/file/peakd-hive/break-out-trader/aZTdkVT0-Screenshot_20210116_161320.jpg)


Source: (Guidants/Godmode Trader) & JFD Broker & Binance


Discord Channel: https://discord.gg/j5A3CUq

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Legal Disclaimer:

I am not a financial advisor
nor is any content in this article presented 
as financial advice. Never invest more 
than what you can afford to lose.
This post is my personal opinion,
do your own research before making any investment decisions.
If you make any trades after reading this post,
it is completely in your responsibility.
I am not responsible for any of your losses.
By reading this post you acknowledge and accept that.


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