breakoutIn case of a valid breakout of fractal 2.254 and a pullback to it,
stop loss 2.014 and target 3.276
UNFI/USDTUNFIUSDT 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
UNFIUSDT Entry: $2.144 Take Profit (TP): $3.270 (SL): 1.771UNFIUSDT
Entry: $2.144
Take Profit (TP): $3.270
Stop Loss (SL): $1.771
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UNFIUSDTBreak & retest from the descending trend line is already established. Now next move towards $5 gives 85% gain
UNFI is completing a bearish triangleFrom where we put the red arrow on the chart, it seems that the UNFI correction has started, which is an ABC or more complicated pattern.
Wave A is over and now we are in wave B, which looks like a triangle pattern.
Now we seem to be in wave d of B.
From the lower red box, the price can move towa
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The price is moving in a descending channel on the 12-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the l
Analysis of UNFI/USDT: Potential Bullish Breakout
The UNFI/USDT trading pair is currently within a symmetrical triangle pattern. This formation often indicates a period of consolidation before a potential breakout.
Key Points to Consider:
1. The price is oscillating between converging trendlines, suggesting indecision in the market. A breakout i
unfi strong buying signalNYSE:UNFI showing strong buying signal, the short term target is 2.9$-3$ it is the short term target, it can also hit 3.4$ soon.
UNFIUSDT.4HExamining the UNFI/USDT 4-hour chart provides a compelling narrative about the current market conditions and potential future directions for this pair. The chart is dominated by a descending resistance line, 'R1', which highlights the ongoing bearish sentiment as it pushes lower highs, constraining
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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
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Displays a symbol's price movements over previous years to identify recurring trends.