$0.0888
+0.0017 (+1.94%)
At Close: Mar 27, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TFUELUSD
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Green day on Wednesday for Theta Fuel cryptocurrency after gaining 1.94%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 12.24% PDF

The Theta Fuel cryptocurrency price gained 1.94% on the last trading day (Wednesday, 27th Mar 2024), rising from $0.0871 to $0.0888. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the cryptocurrency fluctuated 9.75% from a day low at $0.0865 to a day high of $0.0949. The price has risen in 6 of the last 10 days and is up by 11.93% over the past 2 weeks. Volume fell on the last day by -16 million shares and in total, 3 million shares were bought and sold for approximately $256.83 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The cryptocurrency lies in the middle of a very wide and strong 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 93.33% during the next 3 months and, with a 90% probability hold a price between $0.127 and $0.200 at the end of this 3-month period.

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TFUELUSD Signals & Forecast

There are mixed signals in the cryptocurrency today. A sell signal was issued from a pivot top point on Tuesday, March 12, 2024, and so far it has fallen -6.74%. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The Theta Fuel 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 $0.0811 and $0.0779. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Theta Fuel cryptocurrency

Theta Fuel finds support from accumulated volume at $0.0879 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This cryptocurrency may move much during the day (volatility) and with periodic low trading volume this cryptocurrency is considered to be "high risk". During the last day, the cryptocurrency moved $0.0084 between high and low, or 9.75%. For the last week the cryptocurrency has had daily average volatility of 7.97%.

Our recommended stop-loss: $0.0850 (-4.27%) (This cryptocurrency has high daily movements and this gives high risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (TFUELUSD) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Theta Fuel to open at $0.0900, and during the day (based on 14 day Average True Range), to move between $0.0792 and $0.0983, which gives a possible trading interval of +/-$0.0095 (+/-10.76%) up or down from last closing price. If Theta Fuel takes out the full calculated possible swing range there will be an estimated 21.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0879 (0.98%) than the resistance at $0.0929 (4.66%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Theta Fuel cryptocurrency A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Theta Fuel cryptocurrency to perform well in the short-term.

Current score: 3.864 Buy Candidate Unchanged

Predicted Opening Price for Theta Fuel of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.0900 ( 1.45%) $0.0888

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TFUELUSD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0985 10.95 %
R2 0.0952 7.32 %
R1 0.0933 5.08 %
Current price: 0.0888
Support S1 0.0868 -2.17 %
S2 0.0848 -4.42 %
S3 0.0816 -8.05 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.0947 6.75 %
R2 0.0938 5.67 %
R1 0.0929 4.66 %
Current price 0.0888
Support S1 0.0879 -0.98%
S2 0.0750 -15.49%
S3 0.0728 -17.94%

FAQ

What is the symbol for Theta Fuel Cryptocurrency and on which exchange is it traded?
The symbol for Theta Fuel is TFUELUSD and it is traded on the CRYPTO (Cryptocurrencies).

Should I buy or sell Theta Fuel Cryptocurrency?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Theta Fuel cryptocurrency to perform well in the short-term.

How to buy Theta Fuel Cryptocurrency?
Theta Fuel Cryptocurrency can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Theta Fuel Cryptocurrency.

What's the current price of Theta Fuel Cryptocurrency?
As of the end of day on the 2024-03-27, the price of an Theta Fuel (TFUELUSD) share was $0.0888.

What is the 52-week high and low for Theta Fuel Cryptocurrency?
The 52-week high for Theta Fuel Cryptocurrency is $0.107 and the 52-week low is $0.0295.
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