Lunatics USD Cryptocurrency Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Red day on Saturday for Lunatics USD
(Updated on May 18, 2024)
No changes to the price of Lunatics USD cryptocurrency on the last trading day (Saturday, 18th May 2024). During the last trading day the cryptocurrency fluctuated 0% from a day low at $0.000003 to a day high of $0.000003. The price has been going up and down for this period, and there has been a 50% gain for the last 2 weeks.
The cryptocurrency lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the cryptocurrency is expected to fall -6.24% during the next 3 months and, with a 90% probability hold a price between $0.00000058 and $0.00000533 at the end of this 3-month period.
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LUNATUSD Signals & Forecast
The Lunatics USD cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.000003 and $0.00000269. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the cryptocurrency should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -50.00%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Lunatics USD cryptocurrency
There is no support from accumulated volume below today's level and given the right condition the cryptocurrency may perform very badly in the next couple of days.
This cryptocurrency may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0 between high and low, or 0%. For the last week, the cryptocurrency has had daily average volatility of 20.00%.
Our recommended stop-loss: $0.00000283 (-5.66%) (This cryptocurrency has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 75 days ago.)
Trading Expectations (LUNATUSD) For The Upcoming Trading Day Of Sunday 19th
For the upcoming trading day on Sunday, 19th we expect Lunatics USD to open at $0.000003, and during the day (based on 14 day Average True Range), to move between $0.00000273 and $0.00000327, which gives a possible trading interval of +/-$0.00000027 (+/-9.13%) up or down from last closing price. If Lunatics USD takes out the full calculated possible swing range there will be an estimated 18.26% move between the lowest and the highest trading price during the day.
Is Lunatics USD cryptocurrency A Buy?
Lunatics USD holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.266 Hold/Accumulate Unchanged
Predicted Opening Price for Lunatics USD of Sunday, May 19, 2024
| Fair opening price May 19, 2024 | Current price |
|---|---|
| $0.000003 ( 0%) | $0.000003 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LUNATUSD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.000003 | . | |
| R2 | 0.000003 | . | ||
| R1 | 0.000003 | . | ||
| Current price: | 0.000003 | |||
| Support | S1 | 0.000003 | . | |
| S2 | 0.000003 | . | ||
| S3 | 0.000003 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.000003 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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