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UTK / TetherUS

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UTKUSDT trade ideas

UTKUSDT 1D long setup; Breakout and retest of falling wedgeTA explained I had this one on my watchlist for a while now. Seems to be ready for upward continuation after the breakout of the falling wedge and a retest of the breakout level. Trade setup Best entries: 0.3873 - 0.4270 TP1: 0.6310 TP2: 0.8888 TP3: 1.2326 SL: 0.3404 RR: 12.09 Max leverage: n/a ————— MDSquared Crypto Lounge ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Long
by MattieDsCryptoLounge
2
UTKUSDT is creating a falling wedgeUTKUSDT is creating a falling wedge on the daily timeframe. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
Long
by InkyGrip
17
$UTK Cup & Handle formation 1D$UTK 1D CHART Very nice looking Cup and Handle fractal forming on $UTK. TARGET PRICE $1.25 although if you are going to set a limit sell then I would set it a little under this, maybe $1.20 in case we don't hit perfectly! As we are seemingly in the beginning of a nice little alt season, this could well play out nicely 🦾 Breakout expected around the 16th September... SAFE PLAY Entry within the box labelled ENTRY ($0.71 - $0.77) - wait until we have breached the neckline and retested before buying in. Stop loss set between $0.58-0.67 for roughly 10:1 risk to reward. AGGRESSIVE PLAY Buy at any point around this range we are in now ($0.40 - $0.50) and set yourself a stop loss below support which is also marked in the chart ($0.36 - $0.40). Buying at current price would be a 15:1 risk to reward with the stop loss set at $0.40 (provided the fractal plays out) PLEASE NOTE Always pay attention to the BTC chart when you buy in and make sure we are not at risk of dumping so that you can protect your capital. It is also worth noting that this same cup and handle and rounded bottom pattern can be found on quite a few alts because of the May crash, so keep your eyes peeled for more potential beauties like this 💫 Trade safe guys, PumpeyeTheTraderMan and Team Crypto Society ❤️
Long
by BiloCrypto