XMONEY - UTK/USD - 1H - Technical analysis published on 09/20/2023 (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
17%
50%
33%
My opinion
Bearish under 0.054334 USD
My targets
0.052278 USD (-2.08%)
0.051690 USD (-3.18%)
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 0.054334 USD. The sellers' bearish objective is set at 0.052278 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.051690 USD. In case of crossing, the next objective would be the support located at 0.050350 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 confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.1
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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 0.053390 USD. The price is lower by -0.11% since the last closing and was between 0.053010 USD and 0.054180 USD. This implies that the price is at +0.72% from its lowest and at -1.46% from its highest.0.053010
0.054180
0.053390
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 9 technical indicators out of 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 0.050350 | 0.051690 | 0.052278 | 0.053390 | 0.053535 | 0.054334 | 0.055000 |
| Change (%) | -5.69% | -3.18% | -2.08% | - | +0.27% | +1.77% | +3.02% |
| Change | -0.003040 | -0.001700 | -0.001112 | - | +0.000145 | +0.000944 | +0.001610 |
| Level | Major | Minor | Minor | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.050690 | 0.051970 | 0.052710 | 0.053990 | 0.054730 | 0.056010 | 0.056750 |
| Camarilla | 0.052895 | 0.053080 | 0.053265 | 0.053450 | 0.053635 | 0.053820 | 0.054006 |
| Woodie | 0.050420 | 0.051835 | 0.052440 | 0.053855 | 0.054460 | 0.055875 | 0.056480 |
| Fibonacci | 0.051970 | 0.052742 | 0.053218 | 0.053990 | 0.054762 | 0.055238 | 0.056010 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.043797 | 0.047073 | 0.050827 | 0.054103 | 0.057857 | 0.061133 | 0.064887 |
| Camarilla | 0.052647 | 0.053291 | 0.053936 | 0.054580 | 0.055224 | 0.055869 | 0.056513 |
| Woodie | 0.044035 | 0.047193 | 0.051065 | 0.054223 | 0.058095 | 0.061253 | 0.065125 |
| Fibonacci | 0.047073 | 0.049759 | 0.051418 | 0.054103 | 0.056789 | 0.058448 | 0.061133 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027053 | 0.040347 | 0.047983 | 0.061277 | 0.068913 | 0.082207 | 0.089843 |
| Camarilla | 0.049864 | 0.051783 | 0.053701 | 0.055620 | 0.057539 | 0.059457 | 0.061376 |
| Woodie | 0.024225 | 0.038933 | 0.045155 | 0.059863 | 0.066085 | 0.080793 | 0.087015 |
| Fibonacci | 0.040347 | 0.048342 | 0.053281 | 0.061277 | 0.069272 | 0.074211 | 0.082207 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.95 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -1.982223 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.053348 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.054243 | |
| Elder Ray (13): | -0.000375 | |
| Super Trend (3,10): | 0.055256 | |
| Zig ZAG (10): | 0.053190 | |
| VORTEX (21): | 0.8589 | |
| Stochastique (14,3,5): | 15.08 | |
| TEMA (21): | 0.053236 | |
| Williams %R (14): | -90.95 | |
| Chande Momentum Oscillator (20): | -0.001030 | |
| Repulse (5,40,3): | -0.7880 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0689 | |
| Courbe Coppock: | 3.10 |
| MA7: | 0.054191 | |
| MA20: | 0.054054 | |
| MA50: | 0.057991 | |
| MA100: | 0.064315 | |
| MAexp7: | 0.053590 | |
| MAexp20: | 0.053722 | |
| MAexp50: | 0.054108 | |
| MAexp100: | 0.054181 | |
| Price / MA7: | -1.48% | |
| Price / MA20: | -1.23% | |
| Price / MA50: | -7.93% | |
| Price / MA100: | -16.99% | |
| Price / MAexp7: | -0.37% | |
| Price / MAexp20: | -0.62% | |
| Price / MAexp50: | -1.33% | |
| Price / MAexp100: | -1.46% |
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.
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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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