Hello, dear TradingView members.
This idea is a UNFI analysis.
UNFI pumped more than 1000%, so I Googled it up, and the first news I saw was:
"UNFI earnings boosted by inflation, tempered by labor and transport costs."
But let's get to the analysis:
Since the pump was super massive, we don't have any data on where the key and critical levels and areas are.
If you look at this chart, you can get reminded of Dogecoin. I remember seeing the exact scene last year.
RSI shows the market is no longer overbought or oversold. So we have a Neutral need here, which is likely to consolidate on a big gap!
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
The Bollinger Bands are broad, and I used them to show the resistance and support levels. Not entirely accurate, but still practical.
The Speedometer indicator shows Neutral volumes on the market for UNFI on a 1D interval.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
This idea is a UNFI analysis.
UNFI pumped more than 1000%, so I Googled it up, and the first news I saw was:
"UNFI earnings boosted by inflation, tempered by labor and transport costs."
But let's get to the analysis:
Since the pump was super massive, we don't have any data on where the key and critical levels and areas are.
If you look at this chart, you can get reminded of Dogecoin. I remember seeing the exact scene last year.
RSI shows the market is no longer overbought or oversold. So we have a Neutral need here, which is likely to consolidate on a big gap!
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
The Bollinger Bands are broad, and I used them to show the resistance and support levels. Not entirely accurate, but still practical.
The Speedometer indicator shows Neutral volumes on the market for UNFI on a 1D interval.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Trade closed: target reached:
This coin is back to consolidations.
Trade active:
Update:
