Corgidoge USD Cryptocurrency Forecast

Red day on Monday for Corgidoge USD
(Updated on Jun 17, 2024)

CORGIUSD Signals & Forecast

The Corgidoge USD cryptocurrency holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the cryptocurrency giving a positive forecast for the stock. On further gains, the cryptocurrency will meet resistance from the short-term Moving Average at approximately $0.00000003. On a fall, the cryptocurrency will find some support from the long-term average at approximately $0.00000003. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Saturday, June 15, 2024, and so far it has risen 0.108%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Corgidoge USD cryptocurrency

Corgidoge USD finds support from accumulated volume at $0.00000003 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 3.91%

Our recommended stop-loss: $0.00000003 (-6.00%) (This cryptocurrency has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)

Trading Expectations (CORGIUSD) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Corgidoge USD to open at $0.00000003, and during the day (based on 14 day Average True Range), to move between $0.00000003 and $0.00000003, which gives a possible trading interval of +/-$0.00000000 (+/-5.15%) up or down from last closing price. If Corgidoge USD takes out the full calculated possible swing range there will be an estimated 10.29% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.00000003 (3.92%) than the resistance at $0.00000004 (14.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Corgidoge 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 Corgidoge USD cryptocurrency to perform well in the short-term.

Current score: 3.496 Buy Candidate Unchanged

Predicted Opening Price for Corgidoge USD of Tuesday, June 18, 2024

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