✴️ UMA Towards 8.888 (353% Growth Potential Within 1-3 Months)

11 Nov 2023

UMA has undergone one of the longest consolidation phase ever, moving sideways since May 2022.

The bulls have been exposed by the charts:

• UMAUSDT is trading above its June 2022 low (A major bullish development).
  
• UMAUSDT is trading daily above MA200 after a high volume breakout.
  
• Bullish accumulation has been happening for years.
  
• Recent bottom hit followed by strong bullish action.
  
• Bitcoin and other major Altcoins all strongly bullish.
  
• Tether Dominance bearish.
  

When Tether Dominance (USDT.D) goes bearish, money flows from stablecoins to Crypto (Bitcoin + Altcoins).

MA200 denotes the long-term potential for this and other pairs.
Trading above this level, fully confirmed, signals that we can experience long-term growth, higher highs and higher, higher, higher for years to come.

Namaste.