XMONEY - UTK/USDT - Daily - Technical analysis published on 06/30/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.033900 USDT
My targets
0.040800 USDT (+9.59%)
0.050297 USDT (+35.10%)
My analysis
The bullish trend is currently very strong on UTRUST - UTK/USDT. As long as the price remains above the support at 0.033900 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.040800 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.050297 USDT as an objective. Crossing it would then enable buyers to target 0.095800 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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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 0.037230 USDT. On the day, this instrument lost -3.20% and was traded between 0.036620 USDT and 0.039470 USDT over the period. The price is currently at +1.67% from its lowest and -5.68% from its highest.0.036620
0.039470
0.037230
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
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
A technical analysis in Daily of this UTRUST - UTK/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.020643 | 0.026000 | 0.033900 | 0.037230 | 0.040800 | 0.095800 | 0.228700 |
| Change (%) | -44.55% | -30.16% | -8.94% | - | +9.59% | +157.32% | +514.29% |
| Change | -0.016587 | -0.011230 | -0.003330 | - | +0.003570 | +0.058570 | +0.191470 |
| Level | Major | Intermediate | Major | - | Intermediate | Major | 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 | 0.031480 | 0.033480 | 0.035970 | 0.037970 | 0.040460 | 0.042460 | 0.044950 |
| Camarilla | 0.037225 | 0.037637 | 0.038048 | 0.038460 | 0.038872 | 0.039283 | 0.039695 |
| Woodie | 0.031725 | 0.033603 | 0.036215 | 0.038093 | 0.040705 | 0.042583 | 0.045195 |
| Fibonacci | 0.033480 | 0.035195 | 0.036255 | 0.037970 | 0.039685 | 0.040745 | 0.042460 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005023 | 0.014717 | 0.022813 | 0.032507 | 0.040603 | 0.050297 | 0.058393 |
| Camarilla | 0.026018 | 0.027649 | 0.029279 | 0.030910 | 0.032541 | 0.034172 | 0.035802 |
| Woodie | 0.004225 | 0.014318 | 0.022015 | 0.032108 | 0.039805 | 0.049898 | 0.057595 |
| Fibonacci | 0.014717 | 0.021512 | 0.025711 | 0.032507 | 0.039302 | 0.043501 | 0.050297 |
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): | 60.09 | |
| MACD (12,26,9): | 0.0045 | |
| Directional Movement: | 13.569883 | |
| AROON (14): | 42.857146 | |
| DEMA (21): | 0.037292 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.027117 | |
| Elder Ray (13): | 0.004495 | |
| Super Trend (3,10): | 0.020603 | |
| Zig ZAG (10): | 0.036710 | |
| VORTEX (21): | 1.1166 | |
| Stochastique (14,3,5): | 73.62 | |
| TEMA (21): | 0.038124 | |
| Williams %R (14): | -27.02 | |
| Chande Momentum Oscillator (20): | 0.008770 | |
| Repulse (5,40,3): | 5.1480 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 2.7671 | |
| Courbe Coppock: | 55.17 |
| MA7: | 0.036246 | |
| MA20: | 0.031252 | |
| MA50: | 0.021204 | |
| MA100: | 0.015140 | |
| MAexp7: | 0.035521 | |
| MAexp20: | 0.031186 | |
| MAexp50: | 0.024020 | |
| MAexp100: | 0.018939 | |
| Price / MA7: | +2.71% | |
| Price / MA20: | +19.13% | |
| Price / MA50: | +75.58% | |
| Price / MA100: | +145.90% | |
| Price / MAexp7: | +4.81% | |
| Price / MAexp20: | +19.38% | |
| Price / MAexp50: | +55.00% | |
| Price / MAexp100: | +96.58% |
Quotes :
2020-06-30 13:42:41
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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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