🔅 UNFI Overview:
UNFIUSDT exhibits a robust bullish trend, supported by several compelling factors.
🔅Higher Highs and Higher Lows:
A consistent pattern validating the long-term uptrend.
🔅 Critical Supply Zone Breakout:
In September 2023, a decisive break above the vital supply zone at $7.5 occurred.
🔅Wedge Pattern Formation:
Following the breakout, UNFI...
💎 UNFI has undeniably garnered significant attention in the market. Presently, UNFI is undergoing a retesting phase in the demand area, which was formerly a supply area. There is a probability for UNFI to experience a bounce from the demand zone, signaling a continuation of the upward movement towards our target area.
💎 The bad scenario is confirmed if, during...
lets back to previous move 1st falling wedge formed over 303 days break out from this pattern made 2200% in less than 3 days , 2nd wedge formed over 404 days and break out with very good volume still in uptrend , the big question is what kind of move will make this time .its low market cap and had so many short position from previous move .the rest i will leave...
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The first red line gives a scalping opportunity, but I will think about it above. I will also think about buying in the green line or the green box, depending on the conditions.
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"
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my entry on this trade idea is taken from a point of interest ABOVE an inducement.. just a trade idea, not financial advise.. SAME TRADE PATTEN I USUALLY USE
I marked my entry from high time frame supply zone and refined it down to 45min order block to reduce my risk targeting 1:3 RR. just a trade idea, not financial advise
TRADE IS IN LINE WITH MARKET STRUCTURE!
Unifi is currently accumulating within a clear support and resistance zone. The range is favorable for attempting a long position. It is recommended to participate in a breakout, which I believe will occur soon, with promising targets.
BINANCE:UNFIUSDT.P
Comment
There are several drawbacks in this situation, which I've listed. However, the strong signals for me are that the instrument is outperforming the market, going against BTC. Additionally, there was a level touch, a false breakout, and the instrument is not undergoing a correction, even though it should.
Signals for level breakout
...
Indicators on the daily chart of UNFI indicate the potential for the altcoin's price to keep increasing over the next 24-48 hours. One of these indicators pointing to a bullish move is the Moving Average Convergence Divergence (MACD).
As of the current moment, the MACD line is separating above the MACD Signal line. Additionally, the MACD Histogram has a positive...
💎 UNFI has indeed turned heads in the market with its impressive ascent, breaking through the descending channel pattern. The cryptocurrency's ability to breach a critical supply level without any notable resistance underscores the strength of its buyers post-breakout.
💎 Currently, UNFI is in a retesting phase at a demand zone that previously acted as a supply...
