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Utk-btc

#UTK/USDT#UTK The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it We have a major support level in green at a price of 0.04300 We have a trend to stabilize above the moving average 100 Entry price 0.04350 First target 0.04570 Second target 0.04800 Third target 0.05100
Long
by CryptoAnalystSignal
UTK/BTC (Strong Daily Resistance Rejection?)💎Technical Analysis Summary💎 KUCOIN: UTKBTC -UTRUST got rejected at the strong daily resistance area -The price drops more than -30% its value -Currently, It is forming a potential Bear flag -With a downside target around 1100-1000 sat or key support area -Confirmation of this pattern if its local support around 1290 breaks -If you have a Buy position right now, please use proper stop loss location -Always follow your trading plan and focus on the Technical side A big Thanks for donating 💰 via Tradingview coins this week to seba26-77 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` If You Like My Daily Published Ideas 👍 A little Help By Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading! ➡️ Thank You! 😊 ``````````````````````````````````````````````
by PolarHusk
6