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#UNFIUSDT 1D (ByBit) Descending channel breakout & retest
Long
#UNFIUSDT 1D (ByBit) Descending channel breakout & retest
By TradingOn
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Updated
Oct 3
5
Oct 1
Unifi Protocol regained 50MA support and looks strong, mid-term recovery towards 200MA resistance seems in play, probably after a pull-back.
⚡️⚡️ #UNFI/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.5%
Current Price:
3.1685
Entry Zone:
3.0450 - 2.7630
Take-Profit Targets:
1) 3.5395
1) 4.0175
1) 4.4960
Stop Targets:
1) 2.3725
Published By: @Zblaba
UNFI
BYBIT:UNFIUSDT.P #1D #UnifiProtocol #DAO #DeFi unifiprotocol.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +43.8% | +76.7% | +109.6%
Possible Loss= -36.6%
Estimated Gaintime= 1-2 months
Oct 1
Trade active
BINANCE:UNFIUSDT.P Entered entry zone ✅
Period: 2 Hours 30 Minutes ⏰
UNFI
is dipping towards 50MA support as planned so far.
Oct 3
Trade closed: stop reached
SL with -1.0R
BINANCE:UNFIUSDT.P Stop Target Hit ⛔️
Loss: 36.6047% 📉
UNFI
did not bounce on 50MA support and lost it instead, leading to more downtrend.
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Moving Averages
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