UTRUST (X100) - UTK/BTC - 1H - Technical analysis published on 07/03/2020 (GMT)
- 193
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.000407 BTC
My targets
0.000445 BTC (+3.73%)
0.000531 BTC (+23.85%)
My analysis
The basic bullish trend is very strong on UTRUST (X100) - UTK/BTC but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.000407 BTC. Crossing the first resistance at 0.000445 BTC would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.000531 BTC as an objective. Crossing it would then enable buyers to target 0.000680 BTC. Caution, a return to below 0.000407 BTC would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
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 0.000429 BTC. On the day, this instrument lost -1.61% and was traded between 0.000417 BTC and 0.000437 BTC over the period. The price is currently at +2.88% from its lowest and -1.83% from its highest.0.000417
0.000437
0.000429
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a 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. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000348 | 0.000391 | 0.000407 | 0.000429 | 0.000445 | 0.000680 | 0.001040 |
| Change (%) | -18.88% | -8.86% | -5.13% | - | +3.73% | +58.51% | +142.42% |
| Change | -0.000081 | -0.000038 | -0.000022 | - | +0.000016 | +0.000251 | +0.000611 |
| Level | Minor | Major | Intermediate | - | Major | Minor | Intermediate |
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 | 0.000348 | 0.000369 | 0.000403 | 0.000424 | 0.000458 | 0.000479 | 0.000513 |
| Camarilla | 0.000421 | 0.000426 | 0.000431 | 0.000436 | 0.000441 | 0.000446 | 0.000451 |
| Woodie | 0.000354 | 0.000372 | 0.000409 | 0.000427 | 0.000464 | 0.000482 | 0.000519 |
| Fibonacci | 0.000369 | 0.000390 | 0.000403 | 0.000424 | 0.000445 | 0.000458 | 0.000479 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000085 | 0.000177 | 0.000262 | 0.000354 | 0.000439 | 0.000531 | 0.000616 |
| Camarilla | 0.000297 | 0.000314 | 0.000330 | 0.000346 | 0.000362 | 0.000379 | 0.000395 |
| Woodie | 0.000081 | 0.000175 | 0.000258 | 0.000352 | 0.000435 | 0.000529 | 0.000612 |
| Fibonacci | 0.000177 | 0.000245 | 0.000287 | 0.000354 | 0.000422 | 0.000464 | 0.000531 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000127 | -0.000007 | 0.000207 | 0.000327 | 0.000541 | 0.000661 | 0.000875 |
| Camarilla | 0.000329 | 0.000360 | 0.000390 | 0.000421 | 0.000452 | 0.000482 | 0.000513 |
| Woodie | -0.000080 | 0.000017 | 0.000254 | 0.000351 | 0.000588 | 0.000685 | 0.000922 |
| Fibonacci | -0.000007 | 0.000121 | 0.000199 | 0.000327 | 0.000455 | 0.000533 | 0.000661 |
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): | 55.20 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.587710 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.000425 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000444 | |
| Elder Ray (13): | 0.000001 | |
| Super Trend (3,10): | 0.000414 | |
| Zig ZAG (10): | 0.000426 | |
| VORTEX (21): | 0.8617 | |
| Stochastique (14,3,5): | 65.19 | |
| TEMA (21): | 0.000425 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.000007 | |
| Repulse (5,40,3): | 1.5291 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0415 | |
| Courbe Coppock: | 1.79 |
| MA7: | 0.000409 | |
| MA20: | 0.000356 | |
| MA50: | 0.000244 | |
| MA100: | 0.000183 | |
| MAexp7: | 0.000424 | |
| MAexp20: | 0.000424 | |
| MAexp50: | 0.000422 | |
| MAexp100: | 0.000415 | |
| Price / MA7: | +4.89% | |
| Price / MA20: | +20.51% | |
| Price / MA50: | +75.82% | |
| Price / MA100: | +134.43% | |
| Price / MAexp7: | +1.18% | |
| Price / MAexp20: | +1.18% | |
| Price / MAexp50: | +1.66% | |
| Price / MAexp100: | +3.37% |
Quotes :
2020-07-03 17:37:36
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis UTRUST (X100) - UTK/BTC - 1H