XMONEY - UTK/USDT - 1H - Technical analysis published on 06/27/2020 (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
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
28%
44%
28%
My opinion
Bearish under 0.035350 USDT
My targets
0.031120 USDT (-8.74%)
0.029366 USDT (-13.88%)
My analysis
The current short-term bearish acceleration registered on UTRUST - UTK/USDT should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 0.035350 USDT. Short-term sellers will use the support located at 0.031120 USDT as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 0.029366 USDT. Crossing this support would then open the door for sellers to target 0.026000 USDT. Caution, if there is a return to below 0.035350 USDT, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.3
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UTRUST - UTK/USDT rating is 0.034100 USDT. The price registered a decrease of -4.54% on the session with the lowest point at 0.032710 USDT and the highest point at 0.037160 USDT. The deviation from the price is +4.25% for the low point and -8.23% for the high point.0.032710
0.037160
0.034100
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this UTRUST - UTK/USDT chart shows a neutral trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being 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, 5 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.026000 | 0.029366 | 0.033900 | 0.034100 | 0.035350 | 0.036920 | 0.040800 |
| Change (%) | -23.75% | -13.88% | -0.59% | - | +3.67% | +8.27% | +19.65% |
| Change | -0.008100 | -0.004734 | -0.000200 | - | +0.001250 | +0.002820 | +0.006700 |
| Level | Intermediate | Intermediate | Major | - | 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 | 0.026463 | 0.030907 | 0.033313 | 0.037757 | 0.040163 | 0.044607 | 0.047013 |
| Camarilla | 0.033836 | 0.034464 | 0.035092 | 0.035720 | 0.036348 | 0.036976 | 0.037604 |
| Woodie | 0.025445 | 0.030398 | 0.032295 | 0.037248 | 0.039145 | 0.044098 | 0.045995 |
| Fibonacci | 0.030907 | 0.033523 | 0.035140 | 0.037757 | 0.040373 | 0.041990 | 0.044607 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013840 | 0.018960 | 0.022480 | 0.027600 | 0.031120 | 0.036240 | 0.039760 |
| Camarilla | 0.023624 | 0.024416 | 0.025208 | 0.026000 | 0.026792 | 0.027584 | 0.028376 |
| Woodie | 0.013040 | 0.018560 | 0.021680 | 0.027200 | 0.030320 | 0.035840 | 0.038960 |
| Fibonacci | 0.018960 | 0.022261 | 0.024300 | 0.027600 | 0.030901 | 0.032940 | 0.036240 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003795 | 0.005936 | 0.008718 | 0.010859 | 0.013641 | 0.015782 | 0.018564 |
| Camarilla | 0.010146 | 0.010598 | 0.011049 | 0.011500 | 0.011951 | 0.012403 | 0.012854 |
| Woodie | 0.004116 | 0.006096 | 0.009039 | 0.011019 | 0.013962 | 0.015942 | 0.018885 |
| Fibonacci | 0.005936 | 0.007817 | 0.008978 | 0.010859 | 0.012740 | 0.013901 | 0.015782 |
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): | 45.78 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -3.593593 | |
| AROON (14): | -50.000002 | |
| DEMA (21): | 0.034359 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.032766 | |
| Elder Ray (13): | -0.000622 | |
| Super Trend (3,10): | 0.039504 | |
| Zig ZAG (10): | 0.034630 | |
| VORTEX (21): | 0.9337 | |
| Stochastique (14,3,5): | 39.70 | |
| TEMA (21): | 0.033889 | |
| Williams %R (14): | -63.37 | |
| Chande Momentum Oscillator (20): | -0.001280 | |
| Repulse (5,40,3): | 4.7053 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2328 | |
| Courbe Coppock: | 8.99 |
| MA7: | 0.033811 | |
| MA20: | 0.029818 | |
| MA50: | 0.019618 | |
| MA100: | 0.014290 | |
| MAexp7: | 0.034453 | |
| MAexp20: | 0.035054 | |
| MAexp50: | 0.035317 | |
| MAexp100: | 0.034167 | |
| Price / MA7: | +0.85% | |
| Price / MA20: | +14.36% | |
| Price / MA50: | +73.82% | |
| Price / MA100: | +138.63% | |
| Price / MAexp7: | -1.02% | |
| Price / MAexp20: | -2.72% | |
| Price / MAexp50: | -3.45% | |
| Price / MAexp100: | -0.20% |
Quotes :
2020-06-27 15:31:39
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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.
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