Short
#UNFI/USDT 3D (ByBit) Big falling wedge breakout
Unifi Protocol is facing strong supply zone after an insane growth, RSI looks overbought, a retracement down to 100EMA seems likely.
⚡️⚡️ #UNFI/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 5.0%
Current Price:
9.2675
Entry Zone:
9.3975 - 10.1755
Take-Profit Targets:
1) 8.212
1) 7.026
1) 5.8405
Stop Targets:
1) 11.104
Published By: @Zblaba
UNFI $BYBIT:UNFIUSDT.P #UnifiProtocol #DAO #DeFi #BSC unifiprotocol.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.3% | +84.6% | +121.0%
Possible Loss= -40.4%
Estimated Gaintime= 1.5-4.5 months
⚡️⚡️ #UNFI/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 5.0%
Current Price:
9.2675
Entry Zone:
9.3975 - 10.1755
Take-Profit Targets:
1) 8.212
1) 7.026
1) 5.8405
Stop Targets:
1) 11.104
Published By: @Zblaba
UNFI $BYBIT:UNFIUSDT.P #UnifiProtocol #DAO #DeFi #BSC unifiprotocol.comRisk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.3% | +84.6% | +121.0%
Possible Loss= -40.4%
Estimated Gaintime= 1.5-4.5 months
Trade active
ByBit USDT, Binance Futures#UNFI/USDT Entered entry zone ✅
Period: 28 Minutes ⏰
Trade closed: stop reached
Binance Futures, ByBit USDT#UNFI/USDT Stoploss ⛔
Loss: 40.3873% 📉
⚡️⚡️ #UNFI/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 5.0%
Entry Zone:
9.3975 - 10.1755 ✅
Stop Targets:
1) 11.1040 ✅
Published By: @Zblaba
🛑#UNFIUSDT 3D (#ByBit) SL was hit with -1.0R
UNFI stop hunted us before being rejected strongly, bias was on point but set-up slightly too tight.Note
$BYBIT:UNFIUSDT.P 12hTP1 would have been reached by now, congrats if you held your short!
Note
$BINANCE:UNFIUSDT.P 4hZooming in, we can see price just bounced back on 100EMA (orange) support and is now facing 50MA (gray) resistance.
Seems likely to get rejected here and head back down to 200EMA (blue) lower support, where TP2 stands.
Note
$BINANCE:UNFIUSDT.P 12h: TP2 would have been reachedUNFI got rejected on supply zone again and went for 100EMA retest, as previously forecast.
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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.