Hi all, new to TA, just posting to see how it plays out.
UTK has been struggling to regain momentum for quite a while now after its all time high of 1.7. If it maintains its course this could be the last time we see below 1.2 again as we go on to new highs.
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Undervalued gem with only market cap of 50 Million. It should be worth at least a dollar for a token of UTK.
Valuation should be approximately 300-500 Million
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- LONG
-Buy: 0.135-0.14$, SL if B
-Buy more:...
Hi Community!
I am new and just approaching TA and chart analysis, patterns, and this whole fascinating world.
Here is my take, if the Cup & Handle is confirmed and breakout at 0.1465:
TP1: 0.1608
TP2: 0.171
TP3: 0.18
Is it too early to say that a Cup & Handle pattern is forming? What other indicators do you use - if any - to confirm it?
Comments and...
UTK is still having trouble in closing a 1D candle above the 0.14$ 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
📈BUY- LONG
-Buy: 0.105-0.11$,...
It is 4th. day of this coin so that it is too early to talk we will interpret this coin in the near term
By the this time try to catch EngineeringRobo ' s buy signal
Have a good trade . If you want to use EngineeringRobo please dm me.
i like UTK in this range, i think this is pretty undervalued right now compared to alts of similar valuation, have no idea where any alts are going to be long term but i think this is a good trade going into the next bull run, hard to pick a target but i think 20 cents within a few weeks can happen
