Short
UNFI - The correction is wrapping up
Unifi Token is giving us a textbook channel that should lead us to a breakdown very soon.
This green channel has a very clear top and bottom with several touches and rejections on both sides, and also a mid channel that is acting as support and resistance as price action develops.
My expectation is that the channel will be broken to the downside very soon, and we will form blue wave 5, with target at 3.30-3.40 support
This green channel has a very clear top and bottom with several touches and rejections on both sides, and also a mid channel that is acting as support and resistance as price action develops.
My expectation is that the channel will be broken to the downside very soon, and we will form blue wave 5, with target at 3.30-3.40 support
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📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
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.