Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.

Quote from: baba0000000000 on April 04, 2018, 09:37:34 AM

Hi all,

I propose technical analyze about UTRUST.
I love this project but I am out the market.

Sorry I use Kucoin tradingview, because I didn't find on my tradingview account. ( I use time 1D, 4H, 1H, et 15m )
The first screen is 1D, the second is 8H, the third 1H and the last one is 15m

Now, I explain why.

1D :
- The moving average are fall.
- The RSI rebound on the neutral line.
- The Stock RSI give a high point

So the first screen tell me to stay out the market. Normally I stop my analyze because it's isn't good.

8h:
I never look this, but Kucoin don't give the choice.

1h and 15mn:
we don't see a lot of volume, the moving average make crazy thing.
Nothing to made

I start by the 1D or 1W, to know if the market is good or no and use the 1H and 15min to decide to enter in the market.
So for the UTRUST I will wait (1D) the RSI break the red line. No buy before.

Thanks for reading me.

In my opinion, ICO token can not use technical analyse to decide the value. You should find the reason, the movitation to make the value of UTK increase. Because this is a small market, use TA in a small market usually do not help you have good result after all. I just follow the volume and the rumor, I think these things are enough to help me know when is best time to buy/sell UTK.