UniX Gaming USD Cryptocurrency Forecast
Red day on Monday for UniX Gaming USD cryptocurrency after losing 0%
(Updated on Jun 17, 2024)
No changes to the price of UniX Gaming USD cryptocurrency on the last trading day (Monday, 17th Jun 2024). During the last trading day the cryptocurrency fluctuated 0% from a day low at $0.0070 to a day high of $0.0070. The price has fallen in 6 of the last 10 days and is down by -5.54% for this period.
The cryptocurrency lies the upper part of a very wide and falling 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 $0.0079 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the cryptocurrency is expected to fall -53.41% during the next 3 months and, with a 90% probability hold a price between $0.0010 and $0.0037 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
UNIXUSD Signals & Forecast
The UniX Gaming 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 $0.0070 and $0.0069. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Sunday, June 16, 2024, and so far it has fallen 0%. 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. 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 UniX Gaming USD cryptocurrency
UniX Gaming USD finds support from accumulated volume at $0.0067 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the cryptocurrency tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the cryptocurrency 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 415.79%
Our recommended stop-loss: $0.0066 (-5.90%) (This cryptocurrency has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)
Trading Expectations (UNIXUSD) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect UniX Gaming USD to open at $0.0070, and during the day (based on 14 day Average True Range), to move between $0.0057 and $0.0084, which gives a possible trading interval of +/-$0.0014 (+/-19.61%) up or down from last closing price. If UniX Gaming USD takes out the full calculated possible swing range there will be an estimated 39.22% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0067 (4.90%) than the resistance at $0.0075 (5.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is UniX Gaming USD cryptocurrency A Buy?
Several short-term signals are positive, despite the cryptocurrency being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for cryptocurrency to perform well in the short-term.
Current score: 1.225 Buy Candidate Unchanged
Predicted Opening Price for UniX Gaming USD of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $0.0070 ( 0%) | $0.0070 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UNIXUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0070 | - |
| R2 | 0.0070 | - |
| R1 | 0.0070 | - |
| Price | 0.0070 | |
| S1 | 0.0070 | - |
| S2 | 0.0070 | - |
| S3 | 0.0070 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0082 | 15.95% |
| R2 | 0.0079 | 12.50% |
| R1 | 0.0075 | 5.86% |
| Price | 0.0070 | |
| S1 | 0.0067 | -4.90% |
| S2 | 0.0062 | -12.16% |
| S3 | 0.0061 | -13.38% |
FAQ
Click here for our free guide on how to buy UniX Gaming USD Cryptocurrency.
