UNFI is completing a bearish triangleFrom where we put the red arrow on the chart, it seems that the UNFI correction has started, which is an ABC or more complicated pattern.
Wave A is over and now we are in wave B, which looks like a triangle pattern.
Now we seem to be in wave d of B.
From the lower red box, the price can move towards the green box.
In the green range, wave d of B can end and we can enter wave e of B.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
UNFIUSDT
#UNFI/USDT#UNFI
The 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.
Analysis of UNFI/USDT: Potential Bullish Breakout
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.
Conclusion
A 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.
#UNFI/USDT#UNFI
The price is moving in a descending channel on a 1-day frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 2.20
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.80
First target 3.60
Second target 5.25
Third target 8.20
#UNFIUSDT Ready For a Major Breakout | Key Levels to WatchYello, Paradisers! Are you ready for a potentially explosive move of #UNFIUSDT? Let's discuss #UnifiProtocolDAO's latest analysis and see what's happening:
💎We’re sitting at a critical juncture as #UNFI tests the boundaries of a symmetrical triangle formation. After bouncing off the support at $2.52, we're now seeing signs of a potential breakout from this pattern, and if it happens, we could be gearing up for a massive surge toward internal resistance.
💎For this move to hold, #UnifiProtocolDAO needs to break through the critical resistance level at $3.32. This is where things get interesting. If #UNFI clears this level, we could witness a powerful rally toward the major resistance zone—a move that might just be the spark igniting the next big push.
💎However, if momentum falters, watch for a retest of the $2.52 support. A failure to hold this area could shift the entire outlook bearish, with a potential drop toward the $2.04 demand zone.
💎A breakdown below $2.04 would be a red flag, signaling that the bulls have lost steam and the bears are taking control, invalidating the bullish setup and bringing in further downside risk.
Be patient, play it safe, and always wait for confirmed breakouts or breakdowns before jumping in.
MyCryptoParadise
iFeel the success🌴
UNFI ANALYSIS🔮 #UNFI Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #UNFI. It's a daily time frame breakout and we will see more higher price in long-term. Already a successful retest is done, we woulf see proper a rally in few days 📈📈
💸Current Price -- $2.650
📈Target Price -- $4.300
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#UNFI #Cryptocurrency #Breakout #DYOR
#UNFIUSDT 1D (ByBit) Descending channel breakout & retestUnifi Protocol regained 50MA support and looks strong, mid-term recovery towards 200MA resistance seems in play, probably after a pull-back.
⚡️⚡️ #UNFI/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.5%
Current Price:
3.1685
Entry Zone:
3.0450 - 2.7630
Take-Profit Targets:
1) 3.5395
1) 4.0175
1) 4.4960
Stop Targets:
1) 2.3725
Published By: @Zblaba
NYSE:UNFI BYBIT:UNFIUSDT.P #1D #UnifiProtocol #DAO #DeFi unifiprotocol.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +43.8% | +76.7% | +109.6%
Possible Loss= -36.6%
Estimated Gaintime= 1-2 months
UNFIUSDTUNFI ~ 1W ✅
#Unfi Do you have Conviction on this coin. if yes,. then this is the perfect time to start buying.
The UNFI/USDT Long Trade Setup chart shows a falling wedge !The UNFI/USDT Long Trade Setup chart shows a falling wedge pattern, which is a bullish technical indicator that suggests a potential reversal if it breaks upwards. Here is a detailed description of the setup:
The price is currently trading within a falling wedge, which is often seen as a signal for a bullish reversal.
A breakout above the wedge could signal an upward move, targeting higher resistance levels, as marked by the green box.
The chart shows the price bouncing off the lower trendline of the wedge (acting as support), with the upper trendline of the wedge acting as resistance.
The green box on the right side of the chart indicates potential profit-taking levels following the breakout.
If UNFI breaks above the wedge, the potential target is in the range of $14 to $16, as indicated by the upper part of the green box. This provides an adequate reward-to-risk ratio for long traders.
The stop-loss zone is located below the support level, around $2.00, indicating where traders can cut losses if the price moves against the setup.
This setup suggests a potential bullish breakout for UNFI/USDT. However, it is important to keep an eye on a decisive breakout above the wedge to confirm the bullish trend, while managing risk via stop-losses below key support. Would you like any additional details or adjustments to this analysis?
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other altcoin.
@Peter_CSAdmin
UNFIUSDTUNFI ~ 1W ✅
#Unfi Do you have Conviction on this coin. if yes,. then this is the perfect time to start buying.
UNFI/USDT 500%+ Potential Move Ahead!!UNFI is in a downtrend but is currently holding the support level between $2.35 and $2.51. In the past, whenever UNFI has reached this support, it has bounced back with gains of over 500%.
This support is crucial for UNFI to hold, and based on past rallies, it should rebound from this level soon. For better confirmation, UNFI must break and close above the $3-$3.5 resistance on the weekly timeframe.
Key levels:
- Primary Resistance: $3-$3.5.
- Crucial Support: $2.35 to $2.51.
- Bullish Confirmation: Breakout and close above the resistance in a weekly timeframe.
- Target: 500% Rally.
- Invalidation: A weekly close below $1.9.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
UNFI/USDT LONG TRADE SETUP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
UNFI looks good here. It broke out from the cup and handle pattern in a 4-hour and did a successful retest. Long some here and add more in the dip.
Entry range:- $2.72-$2.76
Targets:- $2.86/$3.02/$3.13/$3.3
SL:- $2.63
Lev:- 5x-10x
Technical Analysis: UNFI/USDT Weekly ChartHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
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~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
The UNFI/USDT weekly chart is currently at a crucial support of $3.612. A rebound and a breakout above the 50-week EMA will likely indicate a potential bullish rally toward the resistance trendline at $10.6.
Conversely, a breakdown below the lower support could lead to further downside.
Key Observations:
- Current Price: $3.863.
- Primary Support: $3.612.
- Lower Support: Around $2.479.
- Primary Resistance: $5.522 (50 EMA).
- Higher Resistance: $10.6.
- All-Time High: $44.399.
- Invalidation: A close below the lower support.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
UNFIUSDT.1DAnalyzing the UNFI/USDT chart with a meticulous professional eye reveals crucial insights drawn from technical indicators and market psychology. As of the latest update, the price stands at $3.961, exhibiting a modest decline, which requires a strategic interpretation of the technical landscape to forecast future movements effectively.
Trend Analysis:
The descending trendline, beginning from early June through the most recent price peaks, clearly dictates the dominant bearish sentiment influencing current market behavior. This trendline serves as a critical resistance level that the price must breach to shift market sentiment towards bullishness.
Support and Resistance Levels:
I've identified several pivotal points:
S1 at $2.599 is the key support level which, if breached, could accelerate the downward trend.
R1 at $5.105 and R3 at $5.916 serve as major resistance levels. A break above R1 could challenge the bearish scenario, while R3 is a more robust ceiling testing the bulls' strength.
Relative Strength Index (RSI):
The RSI hovers around 44.51, straddling the line between oversold and overbought territories. This neutrality in the RSI suggests a consolidation phase, yet leaning more towards a bearish bias as it's below the midline of 50.
Moving Average Convergence Divergence (MACD):
The MACD indicators show a histogram close to zero and a slight bearish signal. This alignment suggests that while the momentum isn’t strongly bearish, there is still underlying weakness in the market.
Volume Analysis:
Though not explicitly marked on the chart, the volume trends accompanying these price movements would provide additional insights. Typically, declining volume alongside price suggests a lack of commitment among traders, potentially leading to a reversal or continuation of the trend based on upcoming catalysts.
Strategic Trading Advice:
Given the current setup, I recommend a cautious approach. Traders should monitor the price action near the descending trendline and R1. A decisive close above this trendline with increasing volume could invalidate the bearish outlook, making a bullish strategy viable. Conversely, any rejection at these levels, especially under high volume, would reaffirm the bearish stance, potentially making short positions favorable, especially near resistance levels.
In summary, the UNFI/USDT market exhibits a bearish trend with potential for reversal if key resistance levels are breached with significant volume. Traders should stay alert to these technical cues and adjust their strategies dynamically to align with evolving market conditions. Always consider setting stop-loss orders to manage risks effectively in this volatile trading environment.
UNFI ANALYSIS🚀#UNFI Analysis : What Next ??💲💲
🔮As we said earlier, #UNFI performed same. Around 25% bullish move done
Now we can see that there is a breakout of descending trendline in #UNFI and our next target is around 65% more bullish move
🔰Current Price: $4.787
🎯 Target Price: $7.800
⚡️What to do ?
👀Keep an eye on #UNFI price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#UNFI #Cryptocurrency #TechnicalAnalysis #DYOR
#UNFIUSDT #4h (ByBit) Rising wedge near breakdownUnifi Protocol printed an evening star and seems about to lost 200MA support, let's try a short.
⚡️⚡️ #UNFI/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.1%
Current Price:
4.5160
Entry Targets:
1) 4.5045
Take-Profit Targets:
1) 3.803
Stop Targets:
1) 4.856
Published By: @Zblaba
NYSE:UNFI BYBIT:UNFIUSDT.P #Unifi #DAO unifiprotocol.com
Risk/Reward= 1:2.0
Expected Profit= +77.9%
Possible Loss= -39.0%
Estimated Gaintime= 1 week
UNFI SHORTUnfi facing rejection from resistance we can see a dump from here. Main target area will be near 2-1.8.Trade will be invalid if it breaks above 4.8
$UNFI Breakout trend lineNYSE:UNFI
Breakout trend line
1. Identifying and Drawing Trend Lines
- **Uptrend Example**: In an uptrend, connect at least two higher lows to draw the trend line.
- **Downtrend Example**: In a downtrend, connect at least two lower highs to draw the trend line.
2. Using Trend Lines for Trading Signals
- **Price Approaching Trend Line**: Watch for the price to approach the trend line. In an uptrend, look for a bounce off the trend line as a potential buying opportunity.
- **Confirmation**: Wait for confirmation from other indicators (e.g., moving averages, RSI) to validate the signal.
3. Risk Management and Profit Taking
- **Stop-Loss Placement**: In an uptrend, place a stop-loss order below the trend line to limit potential losses.
- **Profit Taking**: Set profit targets or exit the trade when the price shows signs of trend exhaustion, such as breaking the trend line.
UNFIUSDT: Bullish Move or Breakdown? Key Levels to Watch Now!Yello, Paradisers! Have you been watching UNFIUSDT? If not, now's the time to pay attention. The market has formed a descending channel, often considered a bullish pattern, and the price is currently sitting in a demand zone. This combination increases the probability of a bullish move from here. Let's break it down:
💎UNFIUSDT has formed a descending channel, a pattern typically seen as bullish. The price is currently in a demand zone, adding to the potential for a bullish reversal.
💎For confirmation from the demand zone, we need to see an Internal Change of Character (I CHoCH) towards a bullish market structure. This would solidify the potential for a bullish move.
💎If the price doesn't give any bullish confirmation from the demand zone but starts moving up and breaks the resistance level, we could see a "W" pattern forming. This pattern often indicates a strong bullish reversal. However, it's crucial to wait for candle closing and a retest of that zone for better confirmation.
💎If the price breaks down and closes below the demand zone, it will invalidate our bullish idea. In this case, it’s better to wait for more favorable price action to form before making any trading decisions.
Stay vigilant and keep your trading strategies disciplined, Paradisers. Patience and careful observation will guide you through the market.
MyCryptoParadise
iFeel the success🌴
UNFIUSDT.1DIn the detailed technical analysis of the UNFI/USDT chart depicted, we see a clear illustration of recent price movements and potential future trajectories. As of now, the price sits at $4.293, demonstrating a slight daily increase of 0.99%.
Key Observations:
Resistance and Support Levels:
R1 (Resistance Level 1): $4.759 - This first resistance point could act as a near-term hurdle for any bullish momentum.
R2 (Resistance Level 2): $5.681 - Crossing R1 could see the price target this higher resistance, indicating stronger bullish sentiment.
S2 (Support Level 2): $2.565 - This significant lower bound shows where the price found substantial support, potentially preventing further declines.
Trend Analysis:
The price has experienced a descending trend as indicated by the highlighted red area and the trendline. This suggests that the market sentiment has been predominantly bearish in recent months.
Potential Breakout:
A potential breakout could occur if the price moves above the descending trendline and sustains this ascent, particularly if it surpasses R1.
Conclusion:
This analysis indicates that UNFI/USDT is at a critical juncture. The prevailing downward trend has paused with current price levels testing resistance at R1. A decisive move above this level could alter the bearish scenario, setting the stage for a run towards R2 at $5.681. However, if the price fails to break through and reverts downward, it could test the robust support at S2. Traders should watch these levels closely, as they are likely to signal the market’s next significant move. Always consider external factors and market sentiments, which could influence price actions irrespective of technical setups.
UNFI ANALYSIS🚀#UNFI Analysis : What Next ??💲💲
✅As we can see that there was a formation of "DESCENDING CHANNEL PATTERN" in #UNFI and given a breakout. We are expecting around 30-35% bullish move after a good breakout📈
🔰Current Price: $4.233
🎯 Target Price: $5.739
⚡️What to do ?
👀Keep an eye on #UNFI price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#UNFI #Cryptocurrency #TechnicalAnalysis #DYOR
We need to wait for strong confirmationsUNFI is in a strong uptrend, showing sharp movements and noticeable fluctuations. It had a powerful ascending trendline, but recently, it has broken this trendline and is now ranging below it in the lower timeframes. We have a bearish scenario for UNFI, and we need to wait for strong confirmations before considering any downward movements.
We need to wait for strong confirmationsUNFI is in a strong uptrend, showing sharp movements and noticeable fluctuations. It had a powerful ascending trendline, but recently, it has broken this trendline and is now ranging below it in the lower timeframes. We have a bearish scenario for UNFI, and we need to wait for strong confirmations before considering any downward movements.
