XMONEY - UTK/USD - 1H - Technical analysis published on 05/22/2023 (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:
Bullish
Underlying:
Bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.112017 USD
My targets
0.131477 USD (+12.47%)
0.133300 USD (+14.03%)
My analysis
A bullish trend on UTRUST - UTK/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.112017 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.131477 USD. Then the price could move towards 0.133300 USD. Then 0.151257 USD by extension. Be careful, a return below 0.112017 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.2
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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 price is 0.116900 USD. The price has increased by +2.45% since the last closing with the lowest point at 0.112600 USD and the highest point at 0.116900 USD. The deviation from the price is +3.82% for the low point and 0% for the high point.0.112600
0.116900
0.116900
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this UTRUST - UTK/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses UP its Moving Average
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 | 0.106340 | 0.108100 | 0.116750 | 0.116900 | 0.133300 | 0.151257 | 0.297560 |
| Change (%) | -9.03% | -7.53% | -0.13% | - | +14.03% | +29.39% | +154.54% |
| Change | -0.010560 | -0.008800 | -0.000150 | - | +0.016400 | +0.034357 | +0.180660 |
| Level | Minor | Intermediate | Minor | - | 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 | 0.096300 | 0.104300 | 0.109200 | 0.117200 | 0.122100 | 0.130100 | 0.135000 |
| Camarilla | 0.110553 | 0.111735 | 0.112918 | 0.114100 | 0.115283 | 0.116465 | 0.117648 |
| Woodie | 0.094750 | 0.103525 | 0.107650 | 0.116425 | 0.120550 | 0.129325 | 0.133450 |
| Fibonacci | 0.104300 | 0.109228 | 0.112272 | 0.117200 | 0.122128 | 0.125172 | 0.130100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.058883 | 0.074367 | 0.096533 | 0.112017 | 0.134183 | 0.149667 | 0.171833 |
| Camarilla | 0.108346 | 0.111798 | 0.115249 | 0.118700 | 0.122151 | 0.125603 | 0.129054 |
| Woodie | 0.062225 | 0.076038 | 0.099875 | 0.113688 | 0.137525 | 0.151338 | 0.175175 |
| Fibonacci | 0.074367 | 0.088749 | 0.097634 | 0.112017 | 0.126399 | 0.135284 | 0.149667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.051017 | 0.074093 | 0.091247 | 0.114323 | 0.131477 | 0.154553 | 0.171707 |
| Camarilla | 0.097337 | 0.101025 | 0.104712 | 0.108400 | 0.112088 | 0.115776 | 0.119463 |
| Woodie | 0.048055 | 0.072613 | 0.088285 | 0.112843 | 0.128515 | 0.153073 | 0.168745 |
| Fibonacci | 0.074093 | 0.089461 | 0.098956 | 0.114323 | 0.129691 | 0.139186 | 0.154553 |
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): | 45.49 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | 2.273502 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.113856 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.114412 | |
| Elder Ray (13): | 0.000038 | |
| Super Trend (3,10): | 0.117370 | |
| Zig ZAG (10): | 0.114200 | |
| VORTEX (21): | 0.7390 | |
| Stochastique (14,3,5): | 62.96 | |
| TEMA (21): | 0.112742 | |
| Williams %R (14): | -29.63 | |
| Chande Momentum Oscillator (20): | 0.001700 | |
| Repulse (5,40,3): | -0.0751 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1051 | |
| Courbe Coppock: | 0.49 |
| MA7: | 0.107779 | |
| MA20: | 0.099582 | |
| MA50: | 0.106017 | |
| MA100: | 0.105468 | |
| MAexp7: | 0.113935 | |
| MAexp20: | 0.114603 | |
| MAexp50: | 0.113952 | |
| MAexp100: | 0.110207 | |
| Price / MA7: | +8.46% | |
| Price / MA20: | +17.39% | |
| Price / MA50: | +10.27% | |
| Price / MA100: | +10.84% | |
| Price / MAexp7: | +2.60% | |
| Price / MAexp20: | +2.00% | |
| Price / MAexp50: | +2.59% | |
| Price / MAexp100: | +6.07% |
Quotes :
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Real time data
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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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