Utk
✳️Utrust/USDT (24/11) #UTK $UTKUTK has completely conquered the 0.14$ zone and now this is a reliable support zone of UTK.
UTK only needs to conquer the 0.175$ zone to strongly increase to 0.2$ or even 0.26$
However, if the 0.14$ zone is broken, then the UTK will fall quite sharply, the 0.11$ zone and 0.08$ zone we could consider buying back.
📈BUY- LONG
-Buy: 0.135-0.14$, SL if B
-Buy more: 0.17-0.175$ if A
📉SELL-SHORT
-Sell: 0.2-0.21$, SL if A
-Sell: 0.26-0.27$, SL if A
♻️BACK-UP
-Sell: 0.135-0.14$ if B, SL if A
-Buy: 0.11-0.115$, SL if B
-Sell: 0.11-0.115$ if B, SL if A
-Buy: 0.08-0.085$, SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
UTKUSDT, Cup & Handle in the making?Hi Community!
I am new and just approaching TA and chart analysis, patterns, and this whole fascinating world.
Here is my take, if the Cup & Handle is confirmed and breakout at 0.1465:
TP1: 0.1608
TP2: 0.171
TP3: 0.18
Is it too early to say that a Cup & Handle pattern is forming? What other indicators do you use - if any - to confirm it?
Comments and feedback are most welcome. Happy trading!
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Needless to say, this is not financial advice!
✳️Utrust/USDT (10/11) View + Trading Plan #UTK $UTKUTK is still having trouble in closing a 1D candle above the 0.14$ zone, and after a sharp rise to the 0.16$ zone, it was strongly rejected, so the trend of UTK has turned to downtrend and the heading targets are 0.11$ zone and 0.09$ zone
Only when UTK closes a 1D candle above the 0.14$ zone, it will move up to the 0.17$ zone
📈BUY- LONG
-Buy: 0.105-0.11$, stoploss if B
-Buy: 0.09-0.095$, stoploss if B
📉SELL-SHORT
-Sell close to 0.135-0.14$, stoploss if A
-Sell: 0.105-0.11$ if B, stoploss if A
♻️BACK-UP
-Buy close to 0.135-0.14$ if A, stoploss if B
-Sell: 0.17-0.175$, stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
UTRUST (UTK) Bounce, Will It Continue Growing?We can see that UTRUST (UTKBTC) has now been added to Binance and this question comes to mind...
Is this just a small bounce or will the uptrend be resumed here?
Let's have a closer look!
UTKBTC peaked in late-Aug. with a wick higher again in October, but a retrace was taking place.
We are seeing prices bounce now that EMA300 (grey line) and MA200 (black line) support level has been hit.
These two moving average lines also coincide with the middle range in-between 0.618 and 0.786 Fib. retracement support.
Both the EMA300/MA200 and 0.618/0.786 Fib. retracement support are very strong levels.
Giving us the first signal that the retrace might be coming to an end here.
If we look at the weekly timeframe, support is being found at EMA50, which is another important level for cryptocurrency and altcoins, a level where reversals tend to happen.
Now, we also have a volume breakout, strong RSI, and a bullish MACD cross.
Another strong signal favoring the bulls is the hidden bullish divergence with the MACD.
There can be a little more consolidation but according to the chart signals, UTKBTC can soon resume its growth.
Namaste.
UTK/BTC (Support Breakdown)💎Technical Analysis Summary💎
KUCOIN: UTKBTC
-UTK broke its key level of support around 1000s sat
-The daily candle looks bearish if this will close after 7 hours
-If this will form a bearish flag in the coming days
-The potential downward target is the 200MA or somewhere around 700s sat
-Please always follow your stop loss location or reduce position size
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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UTRUST (UTK) Price Prediction 2020 – 2025Utrust price analysis of the past several years
Let’s take a look at the Utrust price analysis for the past several years.
UTK started its life at the end of 2017, and the price it had just two days before 2018 was $0.181. The thing that surprised most people was the slight spike it had less than two weeks after that reaching $1.15. From that point, the Utrust coin price started to drop. A few spikes put it on the radar, but they didn’t last long. Several spikes in April 2018 got it over $0.2, after which it dropped well below $0.1. In June 2019, we saw a slight increase reaching over $0.08, which gradually dropped the UTK price to below $0.1 again.
These past few months, we have seen another increase in Utrust coin price where a spike in August put it over $0.2, which started to drop gradually. Another spike in UTK price was noticed a few weeks ago, reaching $0.18. The price today, when this article is written, is $0.126 after seeing a drop of almost 6% early this morning.
Utrust price prediction for 2020, 2021, 2023, 2024, 2025
Making predictions for cryptocurrencies is not a simple task, so out Utrust price prediction may not be very accurate but should give you a decent insight.
Based on the Utrust price analysis for the past years, in general, we should expect the Utrust coin price to rise steadily. If previous years are anything to go by, Q2 and Q3 are the part of the year where UTK gets a slight spike before settling down, usually at a price slightly higher than before the spike.
In other words, regular increases in Utrust price are expected, and once the dust settles, the prices will drop compared to the spike, but if you compare them with the prices from several weeks ago, you will see an increase. A considerable jump should not be expected, so on a short term basis, don’t expect the price to go up 500%.
If we look at things in the long run, then we should start to see the increase. Market volatility is something to be expected and based on how things are, we may begin to see more and more spikes in the future. Since we noticed that slight bumps in price go in favor of the overall average of UTK price, we should expect an increase in price by the end of 2025.
By the end of this year, predict that Utrust coin price will start to get closer to $0.2 and even manage to pass that mark. As for the following years, from 2021 to 2025, we believe that we should start to see some exponential price increase. For 2021 and 2022, the price will probably increase by $0.1, while in the following three years, we predict to see a larger increase by up to $0.2 per year. In other words, we expect the price of the Utrust token to reach numbers closed to $0.7 on an average base. This makes UTK a substantial investment in the long run.
UTK/BTC (Strong Daily Resistance Rejection?)💎Technical Analysis Summary💎
KUCOIN: UTKBTC
-UTRUST got rejected at the strong daily resistance area
-The price drops more than -30% its value
-Currently, It is forming a potential Bear flag
-With a downside target around 1100-1000 sat or key support area
-Confirmation of this pattern if its local support around 1290 breaks
-If you have a Buy position right now, please use proper stop loss location
-Always follow your trading plan and focus on the Technical side
A big Thanks for donating 💰 via Tradingview coins this week to seba26-77 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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UTK SLEEPING BEAUTYI dont think many are paying attention to utk at the moment
but the people at utrust have be delivering solid product for years now
I would expect utk to surpass the all time high of $1.40 by some multiple by 2021
not financial advice
UTK MEASURED MOVEUTK has broken out of the downtrend and it looks like it wants to break the long term resistance line at .096
it took 20 weeks for UTK to reach this line
a similar move up from this resistance would put UTK at $1.70
opinion: UTK has delivered a quality crypto payments platform. will the market recognize this? I think the ball is already rolling.