Nothing Token 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
Nothing Token USD cryptocurrency price down 0% on Saturday
(Updated on Jun 01, 2024)
No changes to the price of Nothing Token USD cryptocurrency on the last trading day (Saturday, 1st Jun 2024). During the last trading day the cryptocurrency fluctuated 0% from a day low at $0.000001 to a day high of $0.000001. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The cryptocurrency lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $0.00000100 will firstly indicate a stronger rate of rising. Given the current short-term trend, the cryptocurrency is expected to rise 42.35% during the next 3 months and, with a 90% probability hold a price between $0.00000067 and $0.00000143 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
THINGUSD Signals & Forecast
The Nothing Token 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 $0.000001 and $0.00000062. 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). 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 Friday, May 31, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Nothing Token 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 periodic low trading volume 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 0%.
Our recommended stop-loss: $0.00000096 (-4.00%) (This cryptocurrency has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (THINGUSD) For The Upcoming Trading Day Of Sunday 2nd
For the upcoming trading day on Sunday, 2nd we expect Nothing Token USD to open at $0.000001, and during the day (based on 14 day Average True Range), to move between $0.00000098 and $0.00000102, which gives a possible trading interval of +/-$0.00000002 (+/-2.36%) up or down from last closing price. If Nothing Token USD takes out the full calculated possible swing range there will be an estimated 4.73% move between the lowest and the highest trading price during the day.
Is Nothing Token USD 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 Nothing Token USD cryptocurrency to perform well in the short-term.
Current score: 1.872 Buy Candidate Unchanged
Predicted Opening Price for Nothing Token USD of Sunday, June 2, 2024
| Fair opening price June 2, 2024 | Current price |
|---|---|
| $0.000001 ( 0%) | $0.000001 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for THINGUSD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.000001 | . | |
| R2 | 0.000001 | . | ||
| R1 | 0.000001 | . | ||
| Current price: | 0.000001 | |||
| Support | S1 | 0.000001 | . | |
| S2 | 0.000001 | . | ||
| S3 | 0.000001 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.000001 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
Click here for our free guide on how to buy Nothing Token USD Cryptocurrency.
