Falling wedge broken with a retest and close above previous resistance.
MAC D curling up looking like it will cross along with the 10 EMA flattening out.
Time to go long
UNIFI Protocol DAO (UNFI) price is currently in triangle. breakout of the triangle is another good entry to add the in the long.
UNIFI Protocol DAO (UNFI) Coinmarketcap rank is 467 with market cap of 16 million which is pretty low and breakout above will give huge return in short time.
You can buy the triangle breakout above 6.55$
UNFI has dropped steadily from 15$ and has hit 5$ zone, which is a terrible drop. Currently, the selling pressure has decreased and this is an opportunity for UNFI to rebound, but to be sure we should wait for UNFI to close the 1D candle above 5.5$ because UNFI is still risky to decline further to 4$
If UNFI rebounds, we should pay attention to 9$ zone, where...
Our recent analysis helped us to avoid a big dump on UNFI and now maybe this is its dip, then we will start buying in
📈BUY
-Buy: 6-6.5$. SL if B
📉SELL
-Sell: 8-8.5$. SL if A
-Sell: 10.5-11$. SL if A
-Sell: 17.5-18$. SL if A
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
On the daily chart, the price action of the Unifi Protocol DAO (UNFI) DeFi token is completing the final leg of bullish BAT and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of BAT pattern should be:
Potential reversal or buying zone: $4.31 to $2.90
Fibonacci projection...
