UTRUST (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:
Bullish
De fond:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.000381 BTC
My targets
0.000680 BTC (+66.26%)
0.001040 BTC (+154.28%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UTRUST (X100) - UTK/BTC as long as the price remains well above 0.000381 BTC. The buyers” bullish objective is set at 0.000680 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.001040 BTC. If there is any crossing, the next objective would be the resistance located at 0.001425 BTC. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UTRUST (X100) - UTK/BTC rating is 0.000409 BTC. On the day, this instrument lost -8.09% and was between 0.000385 BTC and 0.000447 BTC. This implies that the price is at +6.23% from its lowest and at -8.50% from its highest.0.000385
0.000447
0.000409
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
Here is a more detailed summary of the historical variations registered by UTRUST (X100) - UTK/BTC:
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 strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
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
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000314 | 0.000350 | 0.000381 | 0.000409 | 0.000680 | 0.001040 | 0.001425 |
| Change (%) | -23.23% | -14.43% | -6.85% | - | +66.26% | +154.28% | +248.41% |
| Change | -0.000095 | -0.000059 | -0.000028 | - | +0.000271 | +0.000631 | +0.001016 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation 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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 56.74 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 15.674967 | |
| AROON (14): | 21.428569 | |
| DEMA (21): | 0.000409 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000387 | |
| Elder Ray (13): | 0.000007 | |
| Super Trend (3,10): | 0.000418 | |
| Zig ZAG (10): | 0.000409 | |
| VORTEX (21): | 0.9655 | |
| Stochastique (14,3,5): | 70.26 | |
| TEMA (21): | 0.000404 | |
| Williams %R (14): | -29.41 | |
| Chande Momentum Oscillator (20): | 0.000020 | |
| Repulse (5,40,3): | 0.5987 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1910 | |
| Courbe Coppock: | 4.35 |
| MA7: | 0.000352 | |
| MA20: | 0.000315 | |
| MA50: | 0.000203 | |
| MA100: | 0.000163 | |
| MAexp7: | 0.000404 | |
| MAexp20: | 0.000401 | |
| MAexp50: | 0.000385 | |
| MAexp100: | 0.000361 | |
| Price / MA7: | +16.19% | |
| Price / MA20: | +29.84% | |
| Price / MA50: | +101.48% | |
| Price / MA100: | +150.92% | |
| Price / MAexp7: | +1.24% | |
| Price / MAexp20: | +2.00% | |
| Price / MAexp50: | +6.23% | |
| Price / MAexp100: | +13.30% |
Quotes :
2020-06-26 17:50:36
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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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