XMONEY (X100) - UTK/BTC - 1H - Technical analysis published on 06/26/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 0.000381 BTC
My targets
0.000680 BTC (+74.36%)
0.001040 BTC (+166.67%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on UTRUST (X100) - UTK/BTC. As long as you are above the support located at 0.000381 BTC, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.000680 BTC would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.001040 BTC as an objective. Crossing it would then enable buyers to target 0.001425 BTC. If the support 0.000381 BTC were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.3
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UTRUST (X100) - UTK/BTC rating 0.000390 BTC. On the day, this instrument lost -12.36% with the lowest point at 0.000385 BTC and the highest point at 0.000447 BTC. The deviation from the price is +1.30% for the low point and -12.75% for the high point.0.000385
0.000447
0.000390
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this UTRUST (X100) - UTK/BTC chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000314 | 0.000350 | 0.000381 | 0.000390 | 0.000680 | 0.001040 | 0.001425 |
| Change (%) | -19.49% | -10.26% | -2.31% | - | +74.36% | +166.67% | +265.38% |
| Change | -0.000076 | -0.000040 | -0.000009 | - | +0.000290 | +0.000650 | +0.001035 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000283 | 0.000316 | 0.000380 | 0.000413 | 0.000477 | 0.000510 | 0.000574 |
| Camarilla | 0.000418 | 0.000427 | 0.000436 | 0.000445 | 0.000454 | 0.000463 | 0.000472 |
| Woodie | 0.000300 | 0.000324 | 0.000397 | 0.000421 | 0.000494 | 0.000518 | 0.000591 |
| Fibonacci | 0.000316 | 0.000353 | 0.000376 | 0.000413 | 0.000450 | 0.000473 | 0.000510 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000193 | 0.000229 | 0.000252 | 0.000288 | 0.000311 | 0.000347 | 0.000370 |
| Camarilla | 0.000260 | 0.000265 | 0.000271 | 0.000276 | 0.000281 | 0.000287 | 0.000292 |
| Woodie | 0.000188 | 0.000226 | 0.000247 | 0.000285 | 0.000306 | 0.000344 | 0.000365 |
| Fibonacci | 0.000229 | 0.000251 | 0.000265 | 0.000288 | 0.000310 | 0.000324 | 0.000347 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000057 | 0.000079 | 0.000100 | 0.000122 | 0.000143 | 0.000165 | 0.000186 |
| Camarilla | 0.000109 | 0.000113 | 0.000117 | 0.000121 | 0.000125 | 0.000129 | 0.000133 |
| Woodie | 0.000057 | 0.000079 | 0.000100 | 0.000122 | 0.000143 | 0.000165 | 0.000186 |
| Fibonacci | 0.000079 | 0.000095 | 0.000106 | 0.000122 | 0.000138 | 0.000149 | 0.000165 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.98 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 3.731573 | |
| AROON (14): | -35.714285 | |
| DEMA (21): | 0.000404 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000426 | |
| Elder Ray (13): | -0.000008 | |
| Super Trend (3,10): | 0.000419 | |
| Zig ZAG (10): | 0.000390 | |
| VORTEX (21): | 1.0041 | |
| Stochastique (14,3,5): | 5.38 | |
| TEMA (21): | 0.000396 | |
| Williams %R (14): | -95.16 | |
| Chande Momentum Oscillator (20): | -0.000057 | |
| Repulse (5,40,3): | -2.6532 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3303 | |
| Courbe Coppock: | 8.71 |
| MA7: | 0.000350 | |
| MA20: | 0.000314 | |
| MA50: | 0.000202 | |
| MA100: | 0.000163 | |
| MAexp7: | 0.000394 | |
| MAexp20: | 0.000397 | |
| MAexp50: | 0.000379 | |
| MAexp100: | 0.000355 | |
| Price / MA7: | +11.43% | |
| Price / MA20: | +24.20% | |
| Price / MA50: | +93.07% | |
| Price / MA100: | +139.26% | |
| Price / MAexp7: | -1.02% | |
| Price / MAexp20: | -1.76% | |
| Price / MAexp50: | +2.90% | |
| Price / MAexp100: | +9.86% |
Quotes :
2020-06-26 12:14:57
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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