UTU is a monster in the making
While I will be sharing the chart and technical analysis I mainly wanted to bring awareness to this project. As you know Oracles are huge in crypto and this is a sub $1 million MC Oracle looking to solve trust. Solving trust could apply to almost any project in the space, especially DeFi. I've stopped trying to find the next DeFi gem and started concentrating on infrastructure. That way it doesn't matter what DeFi projects wins, as long as the whole space is growing your growing as well. My example is investing in Electric cars. Instead of picking an Electric car manufacturer to win market share concentrate on the supplies to build the cars. This will give you more exposure to the whole market as it grows.
1. Breakout and retest of Symmetrical triangle occurred yesterday.
2. KDJ flipped green
3. MACD flipped green
4. Not pictured d/t clutter just had a bounce off POC of volume profile. Also once nd not much resistance is above.
Keep in mind this is the ETH paired chart. The chart looks this good as ETH is breaking out on it's way to ATH territory. Once price discovery and more learn about this project it is going to be a monster. Couple that with the possible beginnings of an Alt season this could surprise many.
1. Breakout and retest of Symmetrical triangle occurred yesterday.
2. KDJ flipped green
3. MACD flipped green
4. Not pictured d/t clutter just had a bounce off POC of volume profile. Also once nd not much resistance is above.
Keep in mind this is the ETH paired chart. The chart looks this good as ETH is breaking out on it's way to ATH territory. Once price discovery and more learn about this project it is going to be a monster. Couple that with the possible beginnings of an Alt season this could surprise many.
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