Technical analysis by VectorAlgo about Symbol UNFI: Buy recommendation (2/9/2024)

BINANCE:UNFIUSDT - Why +150% profit is a reasonable target --------------------------------------------------------------- Description --------------------------------------------------------------- + As per the analysis i have added in the chart, UNFI just broke out from the descending triangle + This breakout is a nice indication of the bullish momentum + My next target is the resistance around 15$ --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 5.979 Stop Loss: 5.356 ------------------------------ Targets 1: 6.987 Targets 2: 8.486 Targets 3: 10.64 Targets 4: 15.04 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo