ULTIUSDT Top Down Analysis"ULTIUSDT is an AI project with solid fundamentals, and its technicals are currently in perfect alignment. A strong trade and a great coin to add to your portfolio!"
ULTIUSDT trade ideas
ULTI/USDT NEW INCREASE VOLUMEThe latest data shows that ultimight increase in volume after the market drop. We will keep watching to see if this coin can rise in the coming time.
We will monitor this coin to check for any confirmations.
#ULTI same idea different levels trying again for ultiverse, same plan of inverse head & shoulder
lets see if support holds for our right shoulder
#ULTI risky one entering small size here, will enter larger size after it starts to breakout & give us retest.
risky one for #ultiverse as its honestly too much of speculation, once we have more price action on chart we will know if this will work or not.
For risky positions enter with just 2% risk max
ULTI on the Rise: Will It Break Through This Key Resistance?Trend Analysis
1. Current Price Movement: The price is currently trading at 0.06687 USDT.
2. Support and Resistance:
Immediate Resistance: 0.06956 USDT (Highlighted in the red shaded area).
Next Resistance Level: 0.07518 USDT.
Immediate Support: 0.06457 USDT.
Next Support Level: 0.05735 USDT.
Indicators
1. Stochastic RSI:
The Stochastic RSI is in the overbought territory with %K at 98.97 and %D at 90.76. This suggests that the price might face a short-term correction or consolidation.
2. Cumulative Volume Delta (CVD):
The CVD is showing a positive value (35.393M), indicating buying pressure and accumulation at the current price levels.
Price Projections
1. Potential Pullback: The price might pull back to the lower part of the ascending channel or to the next support level at 0.05735 USDT.
2. Bullish Scenario: If the price breaks above the immediate resistance of 0.06956 USDT, it could aim for the next resistance at 0.07518 USDT or even higher towards 0.08054 USDT.
