#UNFI
This project combines the power of multiple blockchains and builds on the foundation of Ethereum DApp and DeFi development.
Recently listed on Coinbase.
I expect a test of the $8 level, I need to look further in the moment.
Spot purchase no more than 5% of the deposit.
◾️Stop loss 3.3$
◾️Set take profit below $8.
(do not put even numbers)
Short Entry price = 10.287
Stop Loss = 11.644
Take Profit = 8.239
Risk:Reward = 1.67
Reasons for entry:
1) 5 waves according to Elliott Wave Theory indicate a reversal ahead.
2) Bearish divergence on MACD and RSI
3) Much lower volume during the 5th wave compared with the 3rd indicates a reversal ahead.
4) Bitcoin has been trending lower meaning this 5th wave is...
BINANCE
