UNFI supe cheap!!UNFI looks so cheap and looks like it can be expensive in the future. Im buying some. Lets see what it brings.
UNFIUSD trade ideas
Buying opportunity for #Unifi Protocol DAOThe weekly chart of UNIFY presents us with a fantastic buying opportunity, coinciding with a historical support line.
Moreover, the recent quote is so close to this resistance line that it allows us to place a nearby stop loss, ensuring that any potential loss would be minimal.
Therefore, it’s a great risk/reward opportunity.
One Last Crypto PurgeCrypto has been on a general down-trend the last couple of days. In the last hour or two we've seen a temporary increase in the cryptos I've looked at but I'm not seeing volume to support the uptrend. In particular, I've been following UNFI in particular (main chart) and it looks like there's some buy/sell algorithms oscillating generally between the hour chart Bollinger bands. In it's last rise from 5.8 to 6.2 there have only been a couple hundred shares sold. I'm monitoring trades on this but I think conservatively it'll go down to 5.1 and possibly ~4.6 once the algorithm triggers a sell off.
One final point to justify my bearish position on UNFI: On March 19th at 0:00 UTC, the last time we were at the current price, 10k shares sold off (I'm guessing someone that decided to get out before it fell more). The last 2 full hours saw 484 and 87 shares change hands respectively. No one wants to buy this at 6.2. I think we are seeing an active bull trap as institutions try to offload shares before one final sell-off and reversal. Like I said earlier, I think computer algorithms are keeping these prices from tanking, but once they realize no one is buying, crypto will do one last fall.
For reference I've also put BRICK on the chart, which is one of the few cryptos I've found that's been particularly bullish over the last few days. Even if it might go up to where it was a few days ago, I wouldn't personally touch this one with a 9 foot pole for potential downside risk. Most of the cryptos I've looked at have pretty similar charts with increasing price in the last hour but no volume to support the move (SBR, SGB, POLIS, MULTI, etc). EWT had some bigger volume amounts and might also be worth researching.
UNIFI/USD? #UNFI may experience a significant upward trend if it breaks out above the current descending resistance trendline
✴️ Unifi Protocol DAO Easy 200%+ PotentialThis is great and even exciting at times, looking at these charts... You will be able to appreciate what I am talking about a few weeks into the future, it will be awesome.
Unifi Protocol DAO (UNFIUSD) leaves no room for doubt, this chart is ultra-bullish.
Currently this pair is trading above EMA50/21/10.
It is trading above its November 2022 low.
It produced a low 10-June followed by a higher low in August (same pattern).
All this together with the highest volume ever, by far.
Support and resistance (targets) levels can be found on the chart.
✔️ I hope you guys are seeing what I am seeing.
✔️ I hope you take action and make big.
✔️ Big success, big wealth, big profits... Big wins!
✔️ Patience is key.
Namaste.
Unfi LONGIf you squint real hard you can see slight ascending pattern, the depth chart is starting to level out on buy/sell orders, money flow on the rise and macd still in the green on daily. Let me know your thoughts in the comments as im truly open to others opinions and experience.
📉$UNFI Descending Triangle Pattern Alert!📉Hey traders! 📈📊 Exciting updates on the $UNFI:USDT chart. 🚀 It seems a descending triangle pattern could be forming. 📉 This pattern features a horizontal support line and a series of lower highs, indicating potential downward pressure.
📌 Symbol: $UNFI:USDT
📅 Timeframe: Weekly
📊 Chart Pattern: Descending Triangle
🔍 Pattern Description: The descending triangle pattern consists of a flat support level and lower swing highs, often signaling a possible bearish continuation.
🚀 What to Watch: Keep an eye on the price as it nears the support level. A breakdown below the support line could lead to a potential downward move, possibly confirming the bearish sentiment.
🎯 Target Levels:
Short-term: Targeting the 50% retracement level around $7.40
Mid-term: Aiming for the 61.8% retracement level near $11.25
Long-term: Setting sights beyond the golden mean ratio to the 1.272 fib extension, potentially around $115 by the end of the 2025 bull cycle
🛑 Stop-loss: Consider placing your stop-loss just above the descending trendline to manage risk in case of a false breakdown.
📉 Indicators to Watch: Utilize RSI, MACD, and volume indicators to gauge potential confirmation of the pattern.
📈 Risks: Remember that trading involves risks, and the pattern might not always play out as expected. Stay updated on market news and adapt to changing conditions.
Trade with care! 📊📉💰 #TradingView #TechnicalAnalysis #DescendingTriangle #UNFI #TradeSmart
(Note: This is a fictional trading post and not financial advice. Always conduct thorough research and consult a financial advisor before making any trading decisions.)
UNFI - Downtrend not over
The lack of RSI divergence, and price action holding below broken support (now resistance), gives us the higher probability of a new lower low before a higher high.
UNFI - No upside perspective
The pullback I mentioned previously barely reached 38.2% and price broke down again.
We´re currently making a small correction to the upside, but I expect further drops, to test the 3.50-ish support (gray zone).
This analysis invalidates at 5.485.
UNFI Breakout Rising Wedges, time to bullishUnifi Protocol DAO aims to create the next class of blockchain, built on the principle of economic sustainability. Using stablecoins in lieu of blockchain transaction fees.
Currently, UNFI has failed to form a Rising Wedge (Bearish) and is confirmed to have experienced a reversal. With the confirmation of the breakout, UNFI has the potential to increase by 23.45% from the entry point of HKEX:5 ,318 and the potential increase target is at $6.56. However UNFI needs to break its immediate resistance at $5.8
If it turns out to be a fake breakout, traders can target a cutloss position at $5.18 with a potential loss of $2.5%.
UNFI trade closed in profits at $10.60 Today Trade successful UNFI trade closed in profits at $10.60 Today
Trade successful
Entry was at $8.86
See my previous Unfi analysis on
my tradingview profile on 9 AUG 2022
Regards
UNFI BUY SETUP Bought at $8.86 (Will go to $13 or above)UNFI BUY SETUP
Bought at $8.86
Expecting
(Will go to $13 or above in next 16 days)
Its not a Financial advice
Regards
UNFI/USD DP ACTIONLOOKING FOR A DP ON UNFI/USD. LETS SEE If this one will pan out as a dp been watching for a while.
UNIFI above MAs and breaking on the weeklyUNIFI is practically the only alt above its weekly moving averages and has just broke on the weekly chart. This would be the only alt I would hold without taking any out on a push. This is a phenomenal long term buy as there is support under price and should hold an up trend pushing highs on every crypto market bounce.
UNFIUSD Long Idea*Looking to get long in UNFI on pullback
*Moving nicely along with BTC
*Invalidation point is yellow cross
UNIFI / USD Long signal on 1D GraphUNIFI, I expect a triangle break every day. This is a 1D Graph so again a strong signal. it looks like a possible nice gain ending at 90-100%.
