XMONEY - UTK/USD - 1H - Technical analysis published on 03/19/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.101810 USD
My targets
0.095653 USD (-4.54%)
0.093023 USD (-7.16%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for UTRUST - UTK/USD as long as the price remains well below 0.101810 USD. The sellers' bearish objective is set at 0.095653 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.093023 USD. If there is any crossing, the next objective would be the support located at 0.088914 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.4
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UTRUST - UTK/USD rating is 0.100200 USD. The price is lower by -0.10% since the last closing with the lowest point at 0.099190 USD and the highest point at 0.101800 USD. The deviation from the price is +1.02% for the low point and -1.57% for the high point.0.099190
0.101800
0.100200
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by UTRUST - UTK/USD:
Technical
Technical analysis of UTRUST - UTK/USD in 1H shows a neutral overall trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 6 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.088914 | 0.093023 | 0.095653 | 0.100200 | 0.101810 | 0.105500 | 0.110300 |
| Change (%) | -11.26% | -7.16% | -4.54% | - | +1.61% | +5.29% | +10.08% |
| Change | -0.011286 | -0.007177 | -0.004547 | - | +0.001610 | +0.005300 | +0.010100 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 | 0.084217 | 0.091593 | 0.095947 | 0.103323 | 0.107677 | 0.115053 | 0.119407 |
| Camarilla | 0.097074 | 0.098150 | 0.099225 | 0.100300 | 0.101375 | 0.102451 | 0.103526 |
| Woodie | 0.082705 | 0.090838 | 0.094435 | 0.102568 | 0.106165 | 0.114298 | 0.117895 |
| Fibonacci | 0.091593 | 0.096074 | 0.098843 | 0.103323 | 0.107804 | 0.110573 | 0.115053 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.056233 | 0.073327 | 0.086813 | 0.103907 | 0.117393 | 0.134487 | 0.147973 |
| Camarilla | 0.091891 | 0.094694 | 0.097497 | 0.100300 | 0.103103 | 0.105906 | 0.108710 |
| Woodie | 0.054430 | 0.072425 | 0.085010 | 0.103005 | 0.115590 | 0.133585 | 0.146170 |
| Fibonacci | 0.073327 | 0.085008 | 0.092225 | 0.103907 | 0.115588 | 0.122805 | 0.134487 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.056550 | 0.076000 | 0.097400 | 0.116850 | 0.138250 | 0.157700 | 0.179100 |
| Camarilla | 0.107566 | 0.111311 | 0.115055 | 0.118800 | 0.122545 | 0.126289 | 0.130034 |
| Woodie | 0.057525 | 0.076488 | 0.098375 | 0.117338 | 0.139225 | 0.158188 | 0.180075 |
| Fibonacci | 0.076000 | 0.091605 | 0.101245 | 0.116850 | 0.132455 | 0.142095 | 0.157700 |
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): | 47.14 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -5.354916 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.101013 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.101936 | |
| Elder Ray (13): | -0.000199 | |
| Super Trend (3,10): | 0.103715 | |
| Zig ZAG (10): | 0.100800 | |
| VORTEX (21): | 0.9845 | |
| Stochastique (14,3,5): | 46.96 | |
| TEMA (21): | 0.100373 | |
| Williams %R (14): | -30.65 | |
| Chande Momentum Oscillator (20): | 0.000000 | |
| Repulse (5,40,3): | 0.7639 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0151 | |
| Courbe Coppock: | 2.09 |
| MA7: | 0.100161 | |
| MA20: | 0.102605 | |
| MA50: | 0.106105 | |
| MA100: | 0.097019 | |
| MAexp7: | 0.100879 | |
| MAexp20: | 0.101194 | |
| MAexp50: | 0.100770 | |
| MAexp100: | 0.099991 | |
| Price / MA7: | +0.04% | |
| Price / MA20: | -2.34% | |
| Price / MA50: | -5.57% | |
| Price / MA100: | +3.28% | |
| Price / MAexp7: | -0.67% | |
| Price / MAexp20: | -0.98% | |
| Price / MAexp50: | -0.57% | |
| Price / MAexp100: | +0.21% |
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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