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[UPDATE UTK] UTRUST is ready for 3$ or 5$! What do you think?
With this analysis I applied:
1) ELLIOT WAVES
2) Fibonacci trendline extension
3) Lengthening theory
Why am I sure UTK is going to go up (together with other strong tokens)? For the following 4 reasons:
1) Stock RSI: Bollinger band indicator on the weekly flashed green.
2) Support/Resistance: UTK touched the current support multiple times during the past 3-4 years (never broken). UTK did not break the all time high of the previous cycle on the first attempt (still room for growth).
3) TRACK RECORDS: UTK has dropped 80% in this wave and in the past ones.
4) FUNDAMENTALS: Business is growing day by day. Coinbase listing will certainly occur when bull run resumes.
My prediction price is between 3$ and 5$ for mid 2022.
1) ELLIOT WAVES
2) Fibonacci trendline extension
3) Lengthening theory
Why am I sure UTK is going to go up (together with other strong tokens)? For the following 4 reasons:
1) Stock RSI: Bollinger band indicator on the weekly flashed green.
2) Support/Resistance: UTK touched the current support multiple times during the past 3-4 years (never broken). UTK did not break the all time high of the previous cycle on the first attempt (still room for growth).
3) TRACK RECORDS: UTK has dropped 80% in this wave and in the past ones.
4) FUNDAMENTALS: Business is growing day by day. Coinbase listing will certainly occur when bull run resumes.
My prediction price is between 3$ and 5$ for mid 2022.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.