UTRUST - UTK/USD - 1H - Technical analysis published on 04/21/2023 (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
39%
50%
11%
My opinion
Bearish under 0.106336 USD
My targets
0.096567 USD (-6.34%)
0.092245 USD (-10.53%)
My analysis
The bearish trend is currently very strong for UTRUST - UTK/USD. As long as the price remains below the resistance at 0.106336 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.096567 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.092245 USD as an objective. Crossing it would then enable sellers to target 0.085560 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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Additional analysis
Quotes
The UTRUST - UTK/USD rating is 0.103100 USD. On the day, this instrument lost -3.74% with the lowest point at 0.101100 USD and the highest point at 0.107800 USD. The deviation from the price is +1.98% for the low point and -4.36% for the high point.0.101100
0.107800
0.103100
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of UTRUST - UTK/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.074650 | 0.085560 | 0.092245 | 0.103100 | 0.103500 | 0.106336 | 0.110933 |
| Change (%) | -27.59% | -17.01% | -10.53% | - | +0.39% | +3.14% | +7.60% |
| Change | -0.028450 | -0.017540 | -0.010855 | - | +0.000400 | +0.003236 | +0.007833 |
| Level | Minor | Minor | Major | - | Minor | Major | 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 | 0.094067 | 0.100033 | 0.103567 | 0.109533 | 0.113067 | 0.119033 | 0.122567 |
| Camarilla | 0.104488 | 0.105358 | 0.106229 | 0.107100 | 0.107971 | 0.108842 | 0.109713 |
| Woodie | 0.092850 | 0.099425 | 0.102350 | 0.108925 | 0.111850 | 0.118425 | 0.121350 |
| Fibonacci | 0.100033 | 0.103662 | 0.105904 | 0.109533 | 0.113162 | 0.115404 | 0.119033 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.089633 | 0.096567 | 0.106733 | 0.113667 | 0.123833 | 0.130767 | 0.140933 |
| Camarilla | 0.112198 | 0.113765 | 0.115333 | 0.116900 | 0.118468 | 0.120035 | 0.121603 |
| Woodie | 0.091250 | 0.097375 | 0.108350 | 0.114475 | 0.125450 | 0.131575 | 0.142550 |
| Fibonacci | 0.096567 | 0.103099 | 0.107135 | 0.113667 | 0.120199 | 0.124235 | 0.130767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.052650 | 0.069380 | 0.087540 | 0.104270 | 0.122430 | 0.139160 | 0.157320 |
| Camarilla | 0.096105 | 0.099304 | 0.102502 | 0.105700 | 0.108898 | 0.112097 | 0.115295 |
| Woodie | 0.053365 | 0.069738 | 0.088255 | 0.104628 | 0.123145 | 0.139518 | 0.158035 |
| Fibonacci | 0.069380 | 0.082708 | 0.090942 | 0.104270 | 0.117598 | 0.125832 | 0.139160 |
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): | 35.39 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -30.575749 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.102361 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.103000 | |
| Elder Ray (13): | -0.000847 | |
| Super Trend (3,10): | 0.104928 | |
| Zig ZAG (10): | 0.103100 | |
| VORTEX (21): | 0.7474 | |
| Stochastique (14,3,5): | 29.89 | |
| TEMA (21): | 0.102117 | |
| Williams %R (14): | -65.52 | |
| Chande Momentum Oscillator (20): | -0.002700 | |
| Repulse (5,40,3): | 0.4455 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2193 | |
| Courbe Coppock: | 6.97 |
| MA7: | 0.112571 | |
| MA20: | 0.112865 | |
| MA50: | 0.104807 | |
| MA100: | 0.103734 | |
| MAexp7: | 0.103026 | |
| MAexp20: | 0.104810 | |
| MAexp50: | 0.107563 | |
| MAexp100: | 0.110036 | |
| Price / MA7: | -8.41% | |
| Price / MA20: | -8.65% | |
| Price / MA50: | -1.63% | |
| Price / MA100: | -0.61% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | -1.63% | |
| Price / MAexp50: | -4.15% | |
| Price / MAexp100: | -6.30% |
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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