XMONEY - UTK/USDT - Daily - Technical analysis published on 03/30/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.232800 USDT
My targets
0.295500 USDT (+8.60%)
0.375800 USDT (+38.11%)
My analysis
The current short-term bullish acceleration on UTRUST - UTK/USDT should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.232800 USDT. Short-term buyers will use the resistance located at 0.295500 USDT as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.375800 USDT. Crossing this resistance would then open the door for buyers to target 0.406700 USDT. Caution, if there is a return to under 0.232800 USDT, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
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
4.6
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UTRUST - UTK/USDT price is 0.272100 USDT. The price registered an increase of +1.08% on the session and was between 0.264200 USDT and 0.272200 USDT. This implies that the price is at +2.99% from its lowest and at -0.04% from its highest.0.264200
0.272200
0.272100
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by UTRUST - UTK/USDT:
Technical
A technical analysis in Daily of this UTRUST - UTK/USDT chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.159278 | 0.189100 | 0.226767 | 0.272100 | 0.295500 | 0.406700 | 0.532600 |
Change (%) | -41.46% | -30.50% | -16.66% | - | +8.60% | +49.47% | +95.74% |
Change | -0.112822 | -0.083000 | -0.045333 | - | +0.023400 | +0.134600 | +0.260500 |
Level | Major | Minor | Intermediate | - | 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 | 0.246667 | 0.256333 | 0.262767 | 0.272433 | 0.278867 | 0.288533 | 0.294967 |
Camarilla | 0.264773 | 0.266248 | 0.267724 | 0.269200 | 0.270676 | 0.272152 | 0.273628 |
Woodie | 0.245050 | 0.255525 | 0.261150 | 0.271625 | 0.277250 | 0.287725 | 0.293350 |
Fibonacci | 0.256333 | 0.262484 | 0.266283 | 0.272433 | 0.278584 | 0.282383 | 0.288533 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.202233 | 0.216367 | 0.235433 | 0.249567 | 0.268633 | 0.282767 | 0.301833 |
Camarilla | 0.245370 | 0.248413 | 0.251457 | 0.254500 | 0.257543 | 0.260587 | 0.263630 |
Woodie | 0.204700 | 0.217600 | 0.237900 | 0.250800 | 0.271100 | 0.284000 | 0.304300 |
Fibonacci | 0.216367 | 0.229049 | 0.236884 | 0.249567 | 0.262249 | 0.270084 | 0.282767 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.007900 | 0.089800 | 0.150900 | 0.232800 | 0.293900 | 0.375800 | 0.436900 |
Camarilla | 0.172675 | 0.185783 | 0.198892 | 0.212000 | 0.225108 | 0.238217 | 0.251325 |
Woodie | -0.002500 | 0.084600 | 0.140500 | 0.227600 | 0.283500 | 0.370600 | 0.426500 |
Fibonacci | 0.089800 | 0.144426 | 0.178174 | 0.232800 | 0.287426 | 0.321174 | 0.375800 |
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): | 60.26 | |
MACD (12,26,9): | 0.0078 | |
Directional Movement: | 17.551632 | |
AROON (14): | 85.714286 | |
DEMA (21): | 0.261297 | |
Parabolic SAR (0,02-0,02-0,2): | 0.226495 | |
Elder Ray (13): | 0.010774 | |
Super Trend (3,10): | 0.276799 | |
Zig ZAG (10): | 0.270900 | |
VORTEX (21): | 1.1036 | |
Stochastique (14,3,5): | 69.37 | |
TEMA (21): | 0.270084 | |
Williams %R (14): | -30.98 | |
Chande Momentum Oscillator (20): | 0.032600 | |
Repulse (5,40,3): | 0.6354 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2963 | |
Courbe Coppock: | 20.95 |
MA7: | 0.263857 | |
MA20: | 0.248885 | |
MA50: | 0.242176 | |
MA100: | 0.275966 | |
MAexp7: | 0.264016 | |
MAexp20: | 0.252726 | |
MAexp50: | 0.252426 | |
MAexp100: | 0.272790 | |
Price / MA7: | +3.12% | |
Price / MA20: | +9.33% | |
Price / MA50: | +12.36% | |
Price / MA100: | -1.40% | |
Price / MAexp7: | +3.06% | |
Price / MAexp20: | +7.67% | |
Price / MAexp50: | +7.79% | |
Price / MAexp100: | -0.25% |
Quotes :
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Real time data
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