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
Trade fermée manuellement:
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.
Mainly, MFI was rejected by trendlines as in the following screenshot.
