XMONEY - UTK/USDT - Daily - Technical analysis published on 07/25/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 0.081213 USDT
My targets
0.095800 USDT (+6.80%)
0.228700 USDT (+154.96%)
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 - UTK/USDT as long as the price remains well above 0.081213 USDT. The buyers” bullish objective is set at 0.095800 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.228700 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.2
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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 - UTK/USDT price is 0.089700 USDT. The price has increased by +8.48% since the last closing with the lowest point at 0.080250 USDT and the highest point at 0.090080 USDT. The deviation from the price is +11.78% for the low point and -0.42% for the high point.0.080250
0.090080
0.089700
Here is a more detailed summary of the historical variations registered by UTRUST - UTK/USDT:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on UTRUST - UTK/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this UTRUST - UTK/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.020643 | 0.040800 | 0.058490 | 0.089700 | 0.095800 | 0.228700 |
| Change (%) | -76.99% | -54.52% | -34.79% | - | +6.80% | +154.96% |
| Change | -0.069057 | -0.048900 | -0.031210 | - | +0.006100 | +0.139000 |
| Level | Major | Intermediate | Major | - | Major | 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 | 0.064913 | 0.073077 | 0.077883 | 0.086047 | 0.090853 | 0.099017 | 0.103823 |
| Camarilla | 0.079123 | 0.080312 | 0.081501 | 0.082690 | 0.083879 | 0.085068 | 0.086257 |
| Woodie | 0.063235 | 0.072238 | 0.076205 | 0.085208 | 0.089175 | 0.098178 | 0.102145 |
| Fibonacci | 0.073077 | 0.078031 | 0.081092 | 0.086047 | 0.091001 | 0.094062 | 0.099017 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.042443 | 0.049917 | 0.058363 | 0.065837 | 0.074283 | 0.081757 | 0.090203 |
| Camarilla | 0.062432 | 0.063891 | 0.065351 | 0.066810 | 0.068269 | 0.069729 | 0.071188 |
| Woodie | 0.042930 | 0.050160 | 0.058850 | 0.066080 | 0.074770 | 0.082000 | 0.090690 |
| Fibonacci | 0.049917 | 0.055998 | 0.059755 | 0.065837 | 0.071918 | 0.075675 | 0.081757 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.012687 | -0.000893 | 0.018613 | 0.030407 | 0.049913 | 0.061707 | 0.081213 |
| Camarilla | 0.029513 | 0.032382 | 0.035251 | 0.038120 | 0.040989 | 0.043858 | 0.046728 |
| Woodie | -0.008830 | 0.001035 | 0.022470 | 0.032335 | 0.053770 | 0.063635 | 0.085070 |
| Fibonacci | -0.000893 | 0.011063 | 0.018450 | 0.030407 | 0.042363 | 0.049750 | 0.061707 |
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): | 71.09 | |
| MACD (12,26,9): | 0.0119 | |
| Directional Movement: | 29.113735 | |
| AROON (14): | 92.857140 | |
| DEMA (21): | 0.081303 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.059457 | |
| Elder Ray (13): | 0.012419 | |
| Super Trend (3,10): | 0.059872 | |
| Zig ZAG (10): | 0.089570 | |
| VORTEX (21): | 1.0454 | |
| Stochastique (14,3,5): | 82.77 | |
| TEMA (21): | 0.085476 | |
| Williams %R (14): | -12.54 | |
| Chande Momentum Oscillator (20): | 0.031280 | |
| Repulse (5,40,3): | -2.9486 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 3.2092 | |
| Courbe Coppock: | 97.94 |
| MA7: | 0.076901 | |
| MA20: | 0.064566 | |
| MA50: | 0.044680 | |
| MA100: | 0.027553 | |
| MAexp7: | 0.079263 | |
| MAexp20: | 0.066286 | |
| MAexp50: | 0.048953 | |
| MAexp100: | 0.035505 | |
| Price / MA7: | +16.64% | |
| Price / MA20: | +38.93% | |
| Price / MA50: | +100.76% | |
| Price / MA100: | +225.55% | |
| Price / MAexp7: | +13.17% | |
| Price / MAexp20: | +35.32% | |
| Price / MAexp50: | +83.24% | |
| Price / MAexp100: | +152.64% |
Quotes :
2020-07-25 16:48:16
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Real time data
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Cryptocompare
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