UTKBTC
UTK/USDT Price looks to be breaking out of the downtrend but I still want to see price reclaim the $0.36 level.
Utrust (UTK) Can Do More, Chart AnalysisUtrust (UTKBTC) has been going strong since early January 2021... The question comes up, can it keep going?
Right now we can see prices trading above EMA10, EMA50, and all major EMAs.
We can also see big volume favoring the bulls.
We have a rising channel, bullish indicators, and the entire altcoins market growing strong.
The chart technicals are bullish, UTKBTC has room for more.
Additional details on the chart.
Namaste.
Trade 2 - UTK / BTCHi guys,
This is a coin that i really like, with good FA and actually looking good from the TA side.
We got a retest from the bottom of the cloud on the weekly timeframe.
On the daily price is consolidating on the 50% lvl of the RSI after a move up (with volume) printing a symetric triangle matching with the 0,786 fib level from the previous move up on the weekly tiemframe and the top of the cloud.
It's a high risk hig reward trade, so i just put a tight stop.
Overall BTC pairs are looking good, so this could be a good trade
UTK - Road to 5X profits🎅🎅 Hi cryptoTraders , 🎅🎅
✔️ As you can see, UTK will try to break pink line , and test 2900 sats level
📌My entry point: 📌
450 sats - 500 sats
💰 My targets: 💰
2450 sats - 2800 sats
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👑👑BTC, the king of crypto :)👑👑
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🤞🤞ALTSEASON can start in 1-2 weeks.🤞🤞
🙇♂️🙇♂️ My alts bag: VRA , BePRO, XNS, NOIA, COTI, and 15 more... 🙇♂️🙇♂️
😎 Regards, ag. 😎
UTK ORGANIZED RETREATa highly organized retreat to support
could result in a fresh new move to the upside
UTKUSDT Breakout price break the symmetrical triangle
don't use higher leverage stop is 10%
Long : below 0.14
Stop : 10%
Target : 0.145 , 0.1520 , 0.16 , 0.17 , 0.185
UTK breakout Setupprice is holding the support zone and we have good bounce from here a nice volume breakout
Buy : 730 -745
Stop : 10%
Target : 800 , 850 , 900 , 1000
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 Utrust Bullish breakout - UTKBTC UTKETH UTKUSDT UTKUSDUTK Utrust Bullish breakout - UTKBTC UTKETH UTKUSDT UTKUSD
UTK/BTC (Retest Support>Will it Hold?)💎Technical Analysis Summary💎
KUCOIN: UTKBTC
-UTK found temporary support around 820s sat
-This is a good sign in the short term
-The price is now retesting its previous bounce rally
-Will this support hold on the 2nd test?
-If it does, UTK may go up to 940s sat or higher
-But if the Bulls will fail, the downside target is 700s sat
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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 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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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 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
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A little Help By Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
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