evasivesteering

UNFI will pump?

Long
BINANCE:UNFIUSDT   UNFI / TetherUS
UNFI is an Ethereum token. The goal of this DeFi project is to offer companies of all sizes an access to DeFi solution allowing simple cross-chain trades with smart contracts, fast and at low transaction costs. At this moment, UNFI's price action is interesting.
  • Prices touched the demand zone and has bounced
  • MFI (Money Flow Index) is at a break-out point. It means that buy pressure increases.
  • Inverted hammer candlestick indicates a local reversal
Will UNFI follow REEF and LIT to pump?
Trade closed manually:
I decided to close this trade because there are some bearish sign on UNFI.
Mainly, MFI was rejected by trendlines as in the following screenshot.


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