UTK breakout Setupprice is holding the support zone and we have good bounce from here a nice volume breakout
Buy : 730 -745
Stop : 10%
Target : 800 , 850 , 900 , 1000
UTKUSDT
✳️Utrust/USDT (24/11) #UTK $UTKUTK has completely conquered the 0.14$ 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$, SL if B
-Buy more: 0.17-0.175$ if A
📉SELL-SHORT
-Sell: 0.2-0.21$, SL if A
-Sell: 0.26-0.27$, SL if A
♻️BACK-UP
-Sell: 0.135-0.14$ if B, SL if A
-Buy: 0.11-0.115$, SL if B
-Sell: 0.11-0.115$ if B, SL if A
-Buy: 0.08-0.085$, SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
UTKUSDT, Cup & Handle in the making?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 feedback are most welcome. Happy trading!
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Needless to say, this is not financial advice!
✳️Utrust/USDT (10/11) View + Trading Plan #UTK $UTKUTK is still having trouble in closing a 1D candle above the 0.14$ 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$, stoploss if B
-Buy: 0.09-0.095$, stoploss if B
📉SELL-SHORT
-Sell close to 0.135-0.14$, stoploss if A
-Sell: 0.105-0.11$ if B, stoploss if A
♻️BACK-UP
-Buy close to 0.135-0.14$ if A, stoploss if B
-Sell: 0.17-0.175$, stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
UTK Utrust Bullish breakout - UTKBTC UTKETH UTKUSDT UTKUSDUTK Utrust Bullish breakout - UTKBTC UTKETH UTKUSDT UTKUSD
UTK/BTC (Retest Support>Will it Hold?)💎Technical Analysis Summary💎
KUCOIN: UTKBTC
-UTK found temporary support around 820s sat
-This is a good sign in the short term
-The price is now retesting its previous bounce rally
-Will this support hold on the 2nd test?
-If it does, UTK may go up to 940s sat or higher
-But if the Bulls will fail, the downside target is 700s sat
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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UTK/BTC (Support Breakdown)💎Technical Analysis Summary💎
KUCOIN: UTKBTC
-UTK broke its key level of support around 1000s sat
-The daily candle looks bearish if this will close after 7 hours
-If this will form a bearish flag in the coming days
-The potential downward target is the 200MA or somewhere around 700s sat
-Please always follow your stop loss location or reduce position size
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````