XMONEY - UTK/USD - 1H - Technical analysis published on 01/31/2023 (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
28%
39%
33%
My opinion
Bearish under 0.101267 USD
My targets
0.093233 USD (-3.95%)
0.085560 USD (-11.86%)
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 0.101267 USD. The sellers' bearish objective is set at 0.093233 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.085560 USD. In case of crossing, the next objective would be the support located at 0.074650 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UTRUST - UTK/USD rating 0.097070 USD. The price registered a decrease of -0.02% on the session and was traded between 0.096560 USD and 0.098980 USD over the period. The price is currently at +0.53% from its lowest and -1.93% from its highest.0.096560
0.098980
0.097070
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. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.074650 | 0.085560 | 0.097070 | 0.101267 | 0.106400 | 0.109800 |
| Change (%) | -23.10% | -11.86% | - | +4.32% | +9.61% | +13.11% |
| Change | -0.022420 | -0.011510 | - | +0.004197 | +0.009330 | +0.012730 |
| Level | Minor | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.085427 | 0.091043 | 0.094067 | 0.099683 | 0.102707 | 0.108323 | 0.111347 |
| Camarilla | 0.094714 | 0.095506 | 0.096298 | 0.097090 | 0.097882 | 0.098674 | 0.099466 |
| Woodie | 0.084130 | 0.090395 | 0.092770 | 0.099035 | 0.101410 | 0.107675 | 0.110050 |
| Fibonacci | 0.091043 | 0.094344 | 0.096383 | 0.099683 | 0.102984 | 0.105023 | 0.108323 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.085267 | 0.093233 | 0.098767 | 0.106733 | 0.112267 | 0.120233 | 0.125767 |
| Camarilla | 0.100588 | 0.101825 | 0.103063 | 0.104300 | 0.105538 | 0.106775 | 0.108013 |
| Woodie | 0.084050 | 0.092625 | 0.097550 | 0.106125 | 0.111050 | 0.119625 | 0.124550 |
| Fibonacci | 0.093233 | 0.098390 | 0.101576 | 0.106733 | 0.111890 | 0.115076 | 0.120233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.039923 | 0.056577 | 0.065773 | 0.082427 | 0.091623 | 0.108277 | 0.117473 |
| Camarilla | 0.067861 | 0.070231 | 0.072600 | 0.074970 | 0.077340 | 0.079709 | 0.082079 |
| Woodie | 0.036195 | 0.054713 | 0.062045 | 0.080563 | 0.087895 | 0.106413 | 0.113745 |
| Fibonacci | 0.056577 | 0.066451 | 0.072552 | 0.082427 | 0.092301 | 0.098402 | 0.108277 |
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): | 32.63 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | -7.337988 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.096673 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.098405 | |
| Elder Ray (13): | -0.000691 | |
| Super Trend (3,10): | 0.100434 | |
| Zig ZAG (10): | 0.096830 | |
| VORTEX (21): | 0.9077 | |
| Stochastique (14,3,5): | 23.33 | |
| TEMA (21): | 0.096611 | |
| Williams %R (14): | -82.61 | |
| Chande Momentum Oscillator (20): | -0.000510 | |
| Repulse (5,40,3): | -0.7265 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2010 | |
| Courbe Coppock: | 2.71 |
| MA7: | 0.102956 | |
| MA20: | 0.100839 | |
| MA50: | 0.088415 | |
| MA100: | 0.098539 | |
| MAexp7: | 0.097507 | |
| MAexp20: | 0.098479 | |
| MAexp50: | 0.100713 | |
| MAexp100: | 0.102457 | |
| Price / MA7: | -5.72% | |
| Price / MA20: | -3.74% | |
| Price / MA50: | +9.79% | |
| Price / MA100: | -1.49% | |
| Price / MAexp7: | -0.45% | |
| Price / MAexp20: | -1.43% | |
| Price / MAexp50: | -3.62% | |
| Price / MAexp100: | -5.26% |
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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