UTRUST - UTK/USDT - 1H - Technical analysis published on 10/09/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
44%
28%
My opinion
Bullish above 0.128600 USDT
My targets
0.137300 USDT (+3.23%)
0.148500 USDT (+11.65%)
My analysis
The bullish trend is currently very strong on UTRUST - UTK/USDT. As long as the price remains above the support at 0.128600 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.137300 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.148500 USDT as an objective. Crossing it would then enable buyers to target 0.155650 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.5
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This analysis was given by EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UTRUST - UTK/USDT rating 0.133000 USDT. On the day, this instrument gained +12.90% and was between 0.117100 USDT and 0.155900 USDT. This implies that the price is at +13.58% from its lowest and at -14.69% from its highest.0.117100
0.155900
0.133000
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by UTRUST - UTK/USDT:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of UTRUST - UTK/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.113179 | 0.122800 | 0.128600 | 0.133000 | 0.137300 | 0.155650 | 0.199540 |
| Change (%) | -14.90% | -7.67% | -3.31% | - | +3.23% | +17.03% | +50.03% |
| Change | -0.019821 | -0.010200 | -0.004400 | - | +0.004300 | +0.022650 | +0.066540 |
| Level | Major | Minor | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.107733 | 0.110667 | 0.114233 | 0.117167 | 0.120733 | 0.123667 | 0.127233 |
| Camarilla | 0.116013 | 0.116608 | 0.117204 | 0.117800 | 0.118396 | 0.118992 | 0.119588 |
| Woodie | 0.108050 | 0.110825 | 0.114550 | 0.117325 | 0.121050 | 0.123825 | 0.127550 |
| Fibonacci | 0.110667 | 0.113150 | 0.114684 | 0.117167 | 0.119650 | 0.121184 | 0.123667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.041300 | 0.072000 | 0.094900 | 0.125600 | 0.148500 | 0.179200 | 0.202100 |
| Camarilla | 0.103060 | 0.107973 | 0.112887 | 0.117800 | 0.122713 | 0.127627 | 0.132540 |
| Woodie | 0.037400 | 0.070050 | 0.091000 | 0.123650 | 0.144600 | 0.177250 | 0.198200 |
| Fibonacci | 0.072000 | 0.092475 | 0.105125 | 0.125600 | 0.146075 | 0.158725 | 0.179200 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.072050 | 0.086000 | 0.095700 | 0.109650 | 0.119350 | 0.133300 | 0.143000 |
| Camarilla | 0.098896 | 0.101064 | 0.103232 | 0.105400 | 0.107568 | 0.109736 | 0.111904 |
| Woodie | 0.069925 | 0.084938 | 0.093575 | 0.108588 | 0.117225 | 0.132238 | 0.140875 |
| Fibonacci | 0.086000 | 0.095034 | 0.100616 | 0.109650 | 0.118684 | 0.124266 | 0.133300 |
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): | 59.38 | |
| MACD (12,26,9): | 0.0040 | |
| Directional Movement: | 25.729736 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.138178 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.152122 | |
| Elder Ray (13): | 0.000522 | |
| Super Trend (3,10): | 0.130411 | |
| Zig ZAG (10): | 0.135600 | |
| VORTEX (21): | 1.1857 | |
| Stochastique (14,3,5): | 37.79 | |
| TEMA (21): | 0.139428 | |
| Williams %R (14): | -67.43 | |
| Chande Momentum Oscillator (20): | -0.008400 | |
| Repulse (5,40,3): | -1.8636 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.5466 | |
| Courbe Coppock: | 15.24 |
| MA7: | 0.124257 | |
| MA20: | 0.111200 | |
| MA50: | 0.113886 | |
| MA100: | 0.123410 | |
| MAexp7: | 0.135605 | |
| MAexp20: | 0.132701 | |
| MAexp50: | 0.126906 | |
| MAexp100: | 0.123238 | |
| Price / MA7: | +7.04% | |
| Price / MA20: | +19.60% | |
| Price / MA50: | +16.78% | |
| Price / MA100: | +7.77% | |
| Price / MAexp7: | -1.92% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +4.80% | |
| Price / MAexp100: | +7.92% |
Quotes :
-
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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