UNFI

If this pulls through. It’ll be a textbook correction from the 1.272 fib extension

UNIFI started bouncing. Bottom is near if not already in. If whole crypto market goes crazy we can expect also these small alts to pop up. Looking at pattern there is similarity with GHX which once it reversed went to test October 2021 pivot, if UNIFI is to do the same move then we can expect push toward 20$ range where we have strong S/R zone, possible even wick to 40$ range.

UNFIUSDT 2-hour chart, an uptrend can be observed after a series of market structure changes and a recovery from a weak low. The price recently broke through a local resistance level, moving above 1.6710, confirmed by a change of character (CHoCH), which indicates a potential trend reversal. For a long forecast, the following key resistance levels could serve as targets: 1.6715 — the nearest resistance level where the market reaction should be monitored. 2.0285 and 2.2247 — significant levels that may act as medium-term growth targets. 3.3505 and 8.4055 — higher resistance levels that could be achievable in the long term if the trend continues to strengthen. Additionally, indicators like RSI and MACD are also showing positive signals, increasing the likelihood of continued growth.

In case of a valid breakout of fractal 2.254 and a pullback to it, stop loss 2.014 and target 3.276

UNFIUSDTEntry: $2.144Take Profit (TP): $3.270Stop Loss (SL): $1.771#UNFI #UNFIUSD #Cryptocurrency #TradingSignal #CryptoAlert #Invest #Cryptotrading #Daytrading #Swingtrading #Blockchain #DeFi"

UNFI looks so cheap and looks like it can be expensive in the future. Im buying some. Lets see what it brings.

#UNFIThe price is moving in a descending channel on the 12-hour frame upwards and is expected to continue.We have a trend to stabilize above the moving average 100 again.We have an upward trend on the RSI indicator that supports the rise by breaking it upwards.We have a support area at the lower limit of the channel at a price of 2.20.Entry price 2.90.First target 3.37.Second target 4.20.Third target 5.19.

Five times your entry amount will be your profit. Patience, then patience. The goal is certain, God willing.

The UNFI/USDT trading pair is currently within a symmetrical triangle pattern. This formation often indicates a period of consolidation before a potential breakout.Key Points to Consider:1. The price is oscillating between converging trendlines, suggesting indecision in the market. A breakout is typically anticipated as the pattern completes, indicating a possible shift in momentum.2. If the price breaks above the upper trendline, it could signal the start of a bullish move. Watch key resistance levels post-breakout, as these may act as targets for short-term gains.3. For the breakout to be significant, an increase in trading volume is essential. Low volume during the breakout could indicate a false signal, so it's important to monitor volume trends.4. Set stop-loss orders to manage potential losses if the breakout fails. Also, consider overall market sentiment and macroeconomic factors that might affect price action.5. This analysis is based on technical patterns. Always conduct your own research to make informed trading decisions.ConclusionA successful breakout from the symmetrical triangle pattern in UNFI/USDT could lead to a promising short-term bullish move. Stay alert to volume trends and market conditions to manage risk and capitalize on potential gains.