UTKUSDT trade ideas
Utrust $UTK Dollar BoundLovely Cup and Handle formation on UTK which has recently broken out from handle and now appears to be heading straight to a dollar.
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** Not Financial Advice ** 👍🏻
UTKUSDT #UTK The price has broken through the parallel channel and successfully retest
Try to buy some in a white box. Stoplos 0.58$ cent. target on chart
UTKUSDT - BREAKOUTUTKUSD has broke out of this descending corrective channel and formed a nice higher high. now im waiting on 4hr timeframe for entry rules to be met before possibly looking to catch the continuation to the upside.
UTK LONG TPS ARE $1 AND $1.5BINANCE:UTKUSDT
UTRUST Fundamentally is a Solid Project and Now TA is Good
bounce back From Strong Support Area (0.5c) and now Shooting For Higher Prices
Enter Long After Break out of Blue TrendLine
TPs are: $0.98 (TP1) / $1.5 (TP2) midterm
UTK Bullish breakoutCup & Handle + Bullish breakout. Going to retest ATH and then possible push to the next fib. lvls
TP: 1$
TP2: 1.2$
UTKUSDT Breakout (LONG)Please wait for 4Hour candle to close above the channel. Possible are targets are given by Fib ratios. Happy Trading!
Disclaimer: Please do your own diligence.
UTrust (UTK) touching Major Support: Potential 2x - 5x RETURN!? Thanks again for the Suggestion Maikel.
We already testing the major weekly structure support which is on confluence with our 38% weekly fibs. Now we are waiting for a confirmation on the s4H and daily prior to entering!!!
GOOD LUCK TRADERS AND BE SAFE !!! NO YOLO GAMBLING YOU MONEY ON TRADES!!! 1% per trade is idea no more than 3%. Sure you may miss on sweeeet sweet gainzzzz but you could also lose your A$$. Be smart and focus on Buffets #1 rule: DONT LOSE MOENY!
UTK// Break & Re-testSimply a break and retest from the Daily TF, nothing complicated. This is a strategy that has worked quite well for me during this bull run. However, timing is the most important aspect.
Looking at the chart currently, we missed the retest, but when looking on the 4H TF there is a Falling Wedge Pattern on its 4th test and about to break. Which is still a comfortable opportunity to go long.
Reasons not to enter...yet:
1. Such a strong bullish impulse requires atleast a small 38% retest.
2. We are almost there, but we havent closed above the last Lower High from the more recent downtrend.
3. BTC is under some bearish pressure and may affect the price action of UTK if there isn't enough volume and momentum to keep UTK's price along this bullish path.
4. The consolidation period was quite long, may suggest a slow run-up and the opportunity cost of finding another token with more momentum would be greater than the possible profits from UTK.
Let me hear your thoughts in the comments.
Bearish Indications in the Bullmarklet to reset the oscilators Bearish Indications in the Bullmarklet to reset the oscilators
Let's see how it plays out.
UTK(Utrust) parabolic runUTK shows strong bullish movements.
Support: 0,56$
TP1: 1$
TP2: 1,2$
I am very bullish on this one, as the project itself has a good fundamentals.
Not a financial advice, DYOR!
