Enter at the bottom of peak 19 of Newtons Wave. 10th Oct is an approximation.
Exit around £0.56
Trading is a science. It is not a mystery. And it has nothing to do with fundamentals.
The Technical Analysis (data) shows that sine waves are responsible for the up and down price movement. The price follows the pattern of the sine wave . Not fundamentals.
UTKUSDT has been trading under the falling resistance. The price action is continuously sustaining the rising support. The bulls need to break the falling resistance and sustain above it for further continuation of bullish trend . While bears will be in party only below the falling resistance.
Trade your levels accordingly.
#UTK usdt (BİNANCE)
BUY ARAOUND 0.1148$ - 0.1235$
SEL-0.1369$ - 0.1489$ - 0.16$ - 0.178$ - 0.199$ - 0.21$
Anytime will be breaking out
Also found good trendline support
Overall trend is bullish as long as it holds this support
Stop loss %7-
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider...
Utrust (UTK) coins were created to address some of the issues that have contributed to cryptocurrencies' limited acceptability as a payment method, such as transactional security and expensive fees. As a result, the platform's main purpose is to create a system that allows consumers to conduct low-cost crypto transactions with quick confirmation times and no...
The price is creating a falling wedge on the daily timeframe, and the market retested the daily support on the dynamic support and static on 0.17$
On the 4h timeframe, the price is creating an ascending channel and the market is trying to have a breakout from the daily resistance on 0.26$
How to approach?
If the price is going to have a breakout and retest the...
UTK is very good project because of its fundamentals ( payment gateway for web 3.0 ) ! recently they announced the partnership with ElrondNetwork !
On TA UTK forming cup and handle pattern ! if it played out it will give above 40% profit!
PS: this is my analysis on charts so its NFA !
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...