Long
Unifi Protocol DAO (UNFI)
Like many other tokens in the crypto market a correction of 90% has printed on the above 5-day chart since 2021. A number of reasons now exist to be bullish, including:
1) You know why.
2) Trend reversal. Higher highs / higher lows.
3) RSI resistance breakout.
4) Price action confirms on past resistance, which is also the golden ratio.
5) Price action is printing side an ascending symmetrical triangle. The apex arriving this month.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe: Between now apex.
Return: Will say elsewhere.
PS: A few years ago a very similar idea was published, exact same set up. Price action was trading between 1-2 cents at the time. The idea is below. That token was called MATIC, have you heard of it? No did at the time. Now everyone is a bull (expect moa).
PSS: UNFI has the same market cap as MATIC long idea at the time.
1) You know why.
2) Trend reversal. Higher highs / higher lows.
3) RSI resistance breakout.
4) Price action confirms on past resistance, which is also the golden ratio.
5) Price action is printing side an ascending symmetrical triangle. The apex arriving this month.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe: Between now apex.
Return: Will say elsewhere.
PS: A few years ago a very similar idea was published, exact same set up. Price action was trading between 1-2 cents at the time. The idea is below. That token was called MATIC, have you heard of it? No did at the time. Now everyone is a bull (expect moa).
PSS: UNFI has the same market cap as MATIC long idea at the time.
Trade active
GRM support confirmed on publication.Note
150% so far. Expecting a test of 5.50 before uptrend continues.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.