If loses the mid-range, the following supports are clear, especially the yellow one is likely.
UTK move: 1) as soon as we cross 0.15 --> 0.20 is fast in my opinions 2) my gut tells me 0.20 is going to be easy, so the next natural target is 0.24 3) we can have a deviation on the upside up to 0.32 if BTC behaves in November This is true for UTK and for many other alts.
going green on the MACD histogram inside a trading range could be a sign of a strengthening
Seeing opportunities for UTK to find ways to a new high. hopping in for a long term ride.
considerations weekly trend positive long term channel bottom fib levels tested
Utrust is at a clear resistance point midway from the high to the low a break above .10 would likely lead to a continuation of the upward momentum
utrust could reach a 1.618 fib target with favorable market conditions $30 would put the market cap at $15 billion which is less than half the current dogecoin mcap could be many months for this scenario to play out not financial advice
utrust released invoicing for payments in crypto/fiat looks like buying has picked up
With this analysis I applied: 1) ELLIOT WAVES 2) Fibonacci trendline extension 3) Lengthening theory Why am I sure UTK is going to go up (together with other strong tokens)? For the following 4 reasons: 1) Stock RSI: Bollinger band indicator on the weekly flashed green. 2) Support/Resistance: UTK touched the current support multiple times during the past 3-4...
curious volume at the test of the downtrend line going up?
trend in tact for UTK utrust found support at 50 WMA support at channel bottom
utrust price holding the 18 WMA bullish divergence for a second time leading to breakout currently in progress minimum target $1.40 (2018 ATH) next possible target $7.00 not financial advice
test of long term support qualifies UTK for participation in the bull market on your marks get set THIS is not financial advice! (go)
🌟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...