UTKUSDT trade ideas
UTK/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
BUY UTK/USDT
Entry range:- $0.1530TO $0.16
Long term target:–200%
Mid Enter target:–100%
Short term Target:- 40%
SL:- $0.14
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
UTK's Future: What's Next? Do you want to go big or go home?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 additional costs.
Bullish Scenario: UTK is anticipated to retest the $0.29 resistance zone. If the $0.29 resistance breaks above, we might see a move towards $0.33 and $0.40.
Bearish Scenario: If the $0.21 support level support level is broken down after a retest to $0.29 resistance level, we may witness a move towards $0.1730 and below.
$UTK.X/USDT - Long - Potential 26.56%$UTK.X/USDT - Long - Potential 26.56%
Exchanges: Binance, Huobi.pro
Signal Type: Regular (Long)
Entry Targets:
1) 0.2738
Take-Profit Targets:
1) 0.2912
2) 0.3077
3) 0.3496
Stop Targets:
1) 0.2575
Entry Triggers - Stoch oversold
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
UTKUSDT is creating a falling wedgeThe 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 previous resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
$UTK forming cup and Handle on 4h !UTK is very good project because of its fundamentals ( payment gateway for web 3.0 ) ! recently they announced the partnership with ElrondNetwork !
On TA UTK forming cup and handle pattern ! if it played out it will give above 40% profit!
PS: this is my analysis on charts so its NFA !
UTK bullish chart 27th of December 2021UTK seems to be coming out of a bullish flag that formed in the last couple of months.
The RSI formed a confirmed hidden bullish divergence.
MACD is indicating that the selloff is ending.
A retest outside of the triangle would suggest a target of at least 2.65$. That's more than 6x from here.
I'm buying under 0,4$. Expecting a very positive return in no longer then 45 to 60 days.
Not financial advice, for educational purposes only. Please DYOR.
UTKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. We have determined a support line where we gave you the signal to buy at. You can see that after hitting the line, the price started moving up and touched even prices higher than our target but could not stabilize their and it started falling with a long shadow. We were able to make a nice profit from this purchase. We can again buy at the support line and move back up to R1. But if it stabilizes below our support line, we will have more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
UTKUSDT Elliott wave countThis is my count for UTK using EV technical analysis.
I hope to see a W3 moving up till the end of this year/January next year.
This would be a 90ish % pump before a more significant drop.
I think the general direction for next year is going to be UP so a long term hold is ok if you're not comfortable catching the 20-40% swings.
This is not financial advice, just my two cents.
🆓Utrust (UTK) Dec-15 #UTK $UTK
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.28$ zone
🔴Buy : 0.3 - 0.28
🔴Sell : 0.4 - 0.5 - 0.6
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.28$ zone
🔵Sell : 0.28
🔵Buy : 0.24 - 0.2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
UTKUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 0.65 - 1 - 1.6
after first target reached move ur stop to breakeven
stop: ~0.28 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
UTK - The only option is UP. But when?Dear Traders and Investors,
UTK has been in accumulation for a while, now it's trying to break the structure.
There are two options: An additional relow or break and retest.
I reccommend to open a position after the retest.
Potential short term gains around 30%
Do your own researh. #NotFinancialAdvise
What Is Utrust (UTK)?
Utrust (UTK) was designed to provide a solution to the problems resulting in low usability of cryptocurrency as means of payment, particularly the underdeveloped transactional security of payment platforms and relatively high fees.
The main goal of the platform is to build a system that will enable fast and seamless crypto transactions at lower fees, therefore allowing merchants to reach a large audience of crypto holders.
The platform allows buyers to make secure purchases while also offering an option for refunds and protecting sellers from the high volatility of the crypto market.
Utrust aims to create a more reliable payments platform by combining the best features of blockchain and traditional fiat systems.