Türkiye Motosiklet Federasyonu Fan Cryptocurrency Forecast

Türkiye Motosiklet Federasyonu Fan cryptocurrency price down 0.89% on Tuesday
(Updated on May 21, 2024)

TMFTUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Saturday, May 11, 2024, and so far it has risen 13.61%. Further rise is indicated until a new top pivot has been found. 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. The Türkiye Motosiklet Federasyonu Fan 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 $0.0003. On a fall, the cryptocurrency will find some support from the short-term average at $0.0003. 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. Türkiye Motosiklet Federasyonu Fan gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Türkiye Motosiklet Federasyonu Fan cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.0003 and $0.0003. 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, Türkiye Motosiklet Federasyonu Fan finds support just below today's level at $0.0003. If this is broken, then the next support from accumulated volume will be at $0.0003 and $0.0003.

This cryptocurrency may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this cryptocurrency is considered to be "high risk". During the last day, the cryptocurrency moved $0.000026 between high and low, or 7.78%. For the last week, the cryptocurrency has had daily average volatility of 8.77%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TMFTUSD) For The Upcoming Trading Day Of Wednesday 22nd

For the upcoming trading day on Wednesday, 22nd we expect Türkiye Motosiklet Federasyonu Fan Token USD to open at $0.0003, and during the day (based on 14 day Average True Range), to move between $0.0003 and $0.0004, which gives a possible trading interval of +/-$0.00003265 (+/-9.78%) up or down from last closing price. If Türkiye Motosiklet Federasyonu Fan Token USD takes out the full calculated possible swing range there will be an estimated 19.55% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0003 (7.49%) than the resistance at $0.0004 (8.68%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Türkiye Motosiklet Federasyonu Fan Token USD cryptocurrency A Buy?

Türkiye Motosiklet Federasyonu Fan 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: -3.755 Sell Candidate Unchanged

Predicted Opening Price for Türkiye Motosiklet Federasyonu Fan Token USD of Wednesday, May 22, 2024

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