Unifi Protocol DAO formed Cypher pattern | upto 33% expected
Hi dear friends, hope you are well and welcome to the new update on Unifi Protocol DAO.
On 4-hour chart, the priceline of the UNFI token has completed the formation of bullish Cypher pattern and entered the potential reversal zone. There is also 100 simple moving average support. At this time after completion of the pattern the price action has just spiked in buying zone, I am expecting it will give another chance to catch it from the potential reversal zone.
this trade has a profit possibility of 33%, and the loss possibility is 8.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On 4-hour chart, the priceline of the UNFI token has completed the formation of bullish Cypher pattern and entered the potential reversal zone. There is also 100 simple moving average support. At this time after completion of the pattern the price action has just spiked in buying zone, I am expecting it will give another chance to catch it from the potential reversal zone.
this trade has a profit possibility of 33%, and the loss possibility is 8.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.