XMONEY - UTK/USDT - Daily - Technical analysis published on 06/27/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
50%
28%
22%
My opinion
Bullish above 0.027600 USDT
My targets
0.033900 USDT (+7.28%)
0.040800 USDT (+29.11%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UTRUST - UTK/USDT as long as the price remains well above 0.027600 USDT. The buyers” bullish objective is set at 0.033900 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.040800 USDT. If there is any crossing, the next objective would be the resistance located at 0.095800 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.1
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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 price is 0.031600 USDT. On the day, this instrument lost -11.53% and was between 0.031240 USDT and 0.037160 USDT. This implies that the price is at +1.15% from its lowest and at -14.96% from its highest.0.031240
0.037160
0.031600
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of UTRUST - UTK/USDT in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 4 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
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.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.009297 | 0.020643 | 0.026000 | 0.031600 | 0.033900 | 0.040800 | 0.095800 |
| Change (%) | -70.58% | -34.67% | -17.72% | - | +7.28% | +29.11% | +203.16% |
| Change | -0.022303 | -0.010957 | -0.005600 | - | +0.002300 | +0.009200 | +0.064200 |
| Level | Minor | Major | Intermediate | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
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 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): | 55.73 | |
| MACD (12,26,9): | 0.0043 | |
| Directional Movement: | 15.629142 | |
| AROON (14): | 78.571426 | |
| DEMA (21): | 0.034943 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.025152 | |
| Elder Ray (13): | 0.002844 | |
| Super Trend (3,10): | 0.020596 | |
| Zig ZAG (10): | 0.031420 | |
| VORTEX (21): | 1.0872 | |
| Stochastique (14,3,5): | 68.18 | |
| TEMA (21): | 0.035936 | |
| Williams %R (14): | -59.00 | |
| Chande Momentum Oscillator (20): | 0.003150 | |
| Repulse (5,40,3): | -15.2246 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 2.9618 | |
| Courbe Coppock: | 49.56 |
| MA7: | 0.033426 | |
| MA20: | 0.029677 | |
| MA50: | 0.019562 | |
| MA100: | 0.014262 | |
| MAexp7: | 0.033341 | |
| MAexp20: | 0.029208 | |
| MAexp50: | 0.022391 | |
| MAexp100: | 0.017812 | |
| Price / MA7: | -5.46% | |
| Price / MA20: | +6.48% | |
| Price / MA50: | +61.54% | |
| Price / MA100: | +121.57% | |
| Price / MAexp7: | -5.22% | |
| Price / MAexp20: | +8.19% | |
| Price / MAexp50: | +41.13% | |
| Price / MAexp100: | +77.41% |
Quotes :
2020-06-27 17:59:45
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Real time data
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Cryptocompare
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