Cup and handle forming on UMA?

9 Mar 2021

Looks like we've got a nice cup and handle forming here. Some people like to see the handles descending a bit but this one is forming what looks like an ascending triangle on the 1h. Looks bullish to me. Volume is low but if it picks up then we should see another leg up

10 Mar 2021

Not

It descended last night and we've almost finished our C&H pattern. There is an upwards trendline that is seemingly providing support for now on the hourly timeframes