without_worries

UMA / BTC - Bullish divergence

Panjang
BINANCE:UMABTC   UMA / Bitcoin
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.

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

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Allow 3-6 months on ideas. Not investment advice. DYOR
Penafian

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