XMONEY - UTK/USD - 1H - Technical analysis published on 07/21/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.139767 USD
My targets
0.125700 USD (-4.48%)
0.124508 USD (-5.39%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on UTRUST - UTK/USD as long as the price remains well below 0.139767 USD. The sellers' bearish objective is set at 0.125700 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.124508 USD. In case of crossing, the next objective would be the support located at 0.118636 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UTRUST - UTK/USD rating is 0.131600 USD. The price is lower by -0.15% since the last closing and was traded between 0.129600 USD and 0.133500 USD over the period. The price is currently at +1.54% from its lowest and -1.42% from its highest.0.129600
0.133500
0.131600
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:
Technical
A technical analysis in 1H of this UTRUST - UTK/USD chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a 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
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.118636 | 0.124508 | 0.131300 | 0.131600 | 0.139767 | 0.144442 | 0.151600 |
| Change (%) | -9.85% | -5.39% | -0.23% | - | +6.21% | +9.76% | +15.20% |
| Change | -0.012964 | -0.007092 | -0.000300 | - | +0.008167 | +0.012842 | +0.020000 |
| Level | Intermediate | Major | Minor | - | Minor | Intermediate | Intermediate |
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 | 0.113700 | 0.122400 | 0.127100 | 0.135800 | 0.140500 | 0.149200 | 0.153900 |
| Camarilla | 0.128115 | 0.129343 | 0.130572 | 0.131800 | 0.133028 | 0.134257 | 0.135485 |
| Woodie | 0.111700 | 0.121400 | 0.125100 | 0.134800 | 0.138500 | 0.148200 | 0.151900 |
| Fibonacci | 0.122400 | 0.127519 | 0.130681 | 0.135800 | 0.140919 | 0.144081 | 0.149200 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.089700 | 0.099500 | 0.115900 | 0.125700 | 0.142100 | 0.151900 | 0.168300 |
| Camarilla | 0.125095 | 0.127497 | 0.129898 | 0.132300 | 0.134702 | 0.137103 | 0.139505 |
| Woodie | 0.093000 | 0.101150 | 0.119200 | 0.127350 | 0.145400 | 0.153550 | 0.171600 |
| Fibonacci | 0.099500 | 0.109508 | 0.115692 | 0.125700 | 0.135708 | 0.141892 | 0.151900 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.047733 | 0.026633 | 0.069867 | 0.144233 | 0.187467 | 0.261833 | 0.305067 |
| Camarilla | 0.080760 | 0.091540 | 0.102320 | 0.113100 | 0.123880 | 0.134660 | 0.145440 |
| Woodie | -0.063300 | 0.018850 | 0.054300 | 0.136450 | 0.171900 | 0.254050 | 0.289500 |
| Fibonacci | 0.026633 | 0.071557 | 0.099310 | 0.144233 | 0.189157 | 0.216910 | 0.261833 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 31.29 | |
| MACD (12,26,9): | -0.0027 | |
| Directional Movement: | -18.033081 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.131336 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.133366 | |
| Elder Ray (13): | -0.002366 | |
| Super Trend (3,10): | 0.136437 | |
| Zig ZAG (10): | 0.130500 | |
| VORTEX (21): | 0.7565 | |
| Stochastique (14,3,5): | 3.26 | |
| TEMA (21): | 0.129122 | |
| Williams %R (14): | -93.10 | |
| Chande Momentum Oscillator (20): | -0.005500 | |
| Repulse (5,40,3): | -1.7133 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2294 | |
| Courbe Coppock: | 13.41 |
| MA7: | 0.131400 | |
| MA20: | 0.124440 | |
| MA50: | 0.135142 | |
| MA100: | 0.162565 | |
| MAexp7: | 0.131478 | |
| MAexp20: | 0.134622 | |
| MAexp50: | 0.136656 | |
| MAexp100: | 0.135055 | |
| Price / MA7: | +0.15% | |
| Price / MA20: | +5.75% | |
| Price / MA50: | -2.62% | |
| Price / MA100: | -19.05% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | -2.24% | |
| Price / MAexp50: | -3.70% | |
| Price / MAexp100: | -2.56% |
Quotes :
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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.
About author
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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…
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