UNFI - Making another breakout attempt
Hello, dear TradingView members.
This idea is a UNFI analysis.
UNFI made a 16% ascending move today, and now it's facing the resistance level.
The resistance level is the upper band of the same descending channel we once tried to break out.
There are two targets on the way up in case a breakout happens.
Scenario One:
The price will pass the channel and then get rejected once by resistance to make a confirmation.
Scenario Two:
The price will get rejected by the upper band and fall back on support.
The Speedometer indicator shows Buy volumes on the market for UNFI on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
This idea is a UNFI analysis.
UNFI made a 16% ascending move today, and now it's facing the resistance level.
The resistance level is the upper band of the same descending channel we once tried to break out.
There are two targets on the way up in case a breakout happens.
Scenario One:
The price will pass the channel and then get rejected once by resistance to make a confirmation.
Scenario Two:
The price will get rejected by the upper band and fall back on support.
The Speedometer indicator shows Buy volumes on the market for UNFI on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
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