Autonio USD Cryptocurrency Forecast
Green day on Saturday for Autonio USD cryptocurrency after gaining 0.488%
(Updated on Jun 22, 2024)
The Autonio USD cryptocurrency price gained 0.488% on the last trading day (Saturday, 22nd Jun 2024), rising from $0.0016 to $0.0016. During the last trading day the cryptocurrency fluctuated 1.04% from a day low at $0.0016 to a day high of $0.0016. The price has been going up and down for this period, and there has been a -0.3% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 51 thousand more shares were traded than the day before. In total, 314 thousand shares were bought and sold for approximately $517.89 .
The cryptocurrency lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the cryptocurrency is expected to rise 9.75% during the next 3 months and, with a 90% probability hold a price between $0.0016 and $0.0020 at the end of this 3-month period.
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NIOXUSD Signals & Forecast
There are mixed signals in the cryptocurrency today. The Autonio USD cryptocurrency holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the cryptocurrency giving a more negative forecast for the stock. On further gains, the cryptocurrency will meet resistance from the long-term Moving Average at $0.0017. On a fall, the cryptocurrency will find some support from the short-term average at $0.0016. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Saturday, June 01, 2024, and so far it has fallen -4.58%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Autonio USD has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Autonio USD cryptocurrency
On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.0015 and $0.0015. There is a natural risk involved when a cryptocurrency is testing a support level, since if this is broken, the cryptocurrency then may fall to the next support level. In this case, Autonio USD finds support just below today's level at $0.0015. If this is broken, then the next support from accumulated volume will be at $0.0015 and $0.0015.
This cryptocurrency is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the cryptocurrency moved $0.000017 (1.04%) between high and low. For the last week, the cryptocurrency has had daily average volatility of 1.05%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NIOXUSD) For The Upcoming Trading Day Of Sunday 23rd
For the upcoming trading day on Sunday, 23rd we expect Autonio USD to open at $0.0016, and during the day (based on 14 day Average True Range), to move between $0.0016 and $0.0017, which gives a possible trading interval of +/-$0.00002487 (+/-1.51%) up or down from last closing price. If Autonio USD takes out the full calculated possible swing range there will be an estimated 3.02% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0017 (0.24%) than the support at $0.0015 (10.87%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Autonio USD cryptocurrency A Buy?
Autonio USD holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this cryptocurrency.
Current score: -1.907 Sell Candidate Unchanged
Predicted Opening Price for Autonio USD of Sunday, June 23, 2024
| Fair opening price June 23, 2024 | Current price |
|---|---|
| $0.0016 ( 0.263%) | $0.0016 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NIOXUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0017 | 0.769% |
| R2 | 0.0017 | 0.375% |
| R1 | 0.0016 | 0.131% |
| Price | 0.0016 | |
| S1 | 0.0016 | -0.657% |
| S2 | 0.0016 | -0.90% |
| S3 | 0.0016 | -1.30% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0017 | 4.13% |
| R2 | 0.0017 | 3.52% |
| R1 | 0.0017 | 0.243% |
| Price | 0.0016 | |
| S1 | 0.0015 | -10.87% |
| S2 | 0.0015 | -11.05% |
| S3 | 0.0015 | -11.17% |
FAQ
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