Examining the UNFI/USDT daily chart, the price appears to be in a downtrend, having established lower highs and lower lows, which is typically considered a bearish signal. Currently, the price is hovering slightly above the support level S1, which could be crucial for determining the next direction.
The Relative Strength Index (RSI) is below 50, suggesting that...
UNFI after the pullback from the resistance will continue higher
🔵Entry Zone 7.260 - 7.612
🔴SL 6.805
🟢TP1 8.206
🟢TP2 9.615
🟢TP3 11.528
🟢TP4 13.047
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you...
BINANCE:UNFIUSDT Long idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the UNFI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Hey guys, here's an update on UNFI/USDT.
UNFI is under a bullish pennant which technically indicates a rally towards the upside. But if we look at the RSI, then it is making a bearish divergence. We can expect UNFI to move in either direction. If it breaks down below the pennant then we can short UNFI and if it breaks above the pennant then we can go long.
Wait...
Prices may go down a bit from here. But I think it will up again. Maybe he will continue on his way without falling. However, technical indicators show that it may fall a little lower.
If the pattern can be completed I expect the target levels to be at the same rate as the pattern fibonacci levels.
Note: This is not Investment advice.
