Robi_Nitu

UTK bullish chart 27th of December 2021

Long
Robi_Nitu Updated   
BINANCE:UTKUSDT   UTK / TetherUS
UTK seems to be coming out of a bullish flag that formed in the last couple of months.

The RSI formed a confirmed hidden bullish divergence.
MACD is indicating that the selloff is ending.

A retest outside of the triangle would suggest a target of at least 2.65$. That's more than 6x from here.

I'm buying under 0,4$. Expecting a very positive return in no longer then 45 to 60 days.

Not financial advice, for educational purposes only. Please DYOR.


Trade active:
seems like 0,32 is the tested bottom, bought some more at 0,35
Trade active:
currently trading @ 0,39
Trade active:
currently trading @ 0,43
Trade active:
another test of the support area at 0,33

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.