Utrust (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,...
🌟What is UTK used for🌟?
UTK Token is the utility token for Utrust. It is an ERC-20 token on Ethereum.
Utrust (UTK) is a blockchain-based platform that combines elements from traditional payment systems with the advantages offered by cryptocurrencies. The platform allows users to purchase goods, digitally or physically, with their favorite encryption or tokens...
This currency respects the waves accurately, then it has removed an impulsive wave that has not completed yet
$ 0.2 / $ 0.18
Or with. breakthrough
$ 0.29 / $ 0.36
Everything is canceled by closing the day down
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...
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UTK 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: 0.135-0.14$, SL if B
UTK is still having trouble in closing a 1D candle above the 0.14$ 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