UTRUST - UTK/USDT - 1H - Technical analysis published on 07/04/2020 (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 bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.036045 USDT
My targets
0.040800 USDT (+3.71%)
0.042200 USDT (+7.27%)
My analysis
The bullish trend is currently very strong on UTRUST - UTK/USDT. As long as the price remains above the support at 0.036045 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 0.042200 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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Additional analysis
Quotes
The UTRUST - UTK/USDT price is 0.039340 USDT. On the day, this instrument gained +0.26% and was traded between 0.039230 USDT and 0.040330 USDT over the period. The price is currently at +0.28% from its lowest and -2.45% from its highest.0.039230
0.040330
0.039340
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of UTRUST - UTK/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.029230 | 0.030910 | 0.036045 | 0.039340 | 0.040800 | 0.042200 | 0.095800 |
| Change (%) | -25.70% | -21.43% | -8.38% | - | +3.71% | +7.27% | +143.52% |
| Change | -0.010110 | -0.008430 | -0.003295 | - | +0.001460 | +0.002860 | +0.056460 |
| Level | Minor | Major | Intermediate | - | Major | Minor | Major |
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 | 0.034830 | 0.036120 | 0.037680 | 0.038970 | 0.040530 | 0.041820 | 0.043380 |
| Camarilla | 0.038456 | 0.038718 | 0.038979 | 0.039240 | 0.039501 | 0.039763 | 0.040024 |
| Woodie | 0.034965 | 0.036188 | 0.037815 | 0.039038 | 0.040665 | 0.041888 | 0.043515 |
| Fibonacci | 0.036120 | 0.037209 | 0.037881 | 0.038970 | 0.040059 | 0.040731 | 0.041820 |
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 | -0.012687 | -0.000893 | 0.018613 | 0.030407 | 0.049913 | 0.061707 | 0.081213 |
| Camarilla | 0.029513 | 0.032382 | 0.035251 | 0.038120 | 0.040989 | 0.043858 | 0.046728 |
| Woodie | -0.008830 | 0.001035 | 0.022470 | 0.032335 | 0.053770 | 0.063635 | 0.085070 |
| Fibonacci | -0.000893 | 0.011063 | 0.018450 | 0.030407 | 0.042363 | 0.049750 | 0.061707 |
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): | 58.16 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 8.868440 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.039651 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.038380 | |
| Elder Ray (13): | 0.000647 | |
| Super Trend (3,10): | 0.037092 | |
| Zig ZAG (10): | 0.039820 | |
| VORTEX (21): | 1.1060 | |
| Stochastique (14,3,5): | 85.57 | |
| TEMA (21): | 0.039868 | |
| Williams %R (14): | -21.98 | |
| Chande Momentum Oscillator (20): | 0.001700 | |
| Repulse (5,40,3): | 0.9846 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0888 | |
| Courbe Coppock: | 5.80 |
| MA7: | 0.038501 | |
| MA20: | 0.033736 | |
| MA50: | 0.023537 | |
| MA100: | 0.016381 | |
| MAexp7: | 0.039698 | |
| MAexp20: | 0.039224 | |
| MAexp50: | 0.038772 | |
| MAexp100: | 0.038160 | |
| Price / MA7: | +2.18% | |
| Price / MA20: | +16.61% | |
| Price / MA50: | +67.14% | |
| Price / MA100: | +140.16% | |
| Price / MAexp7: | -0.90% | |
| Price / MAexp20: | +0.30% | |
| Price / MAexp50: | +1.46% | |
| Price / MAexp100: | +3.09% |
Quotes :
2020-07-04 03:45:09
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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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