Cockapoo USD Cryptocurrency Forecast
Cockapoo USD cryptocurrency upgraded from Sell Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on May 07, 2024)
The Cockapoo USD cryptocurrency price gained 0.0234% on the last trading day (Tuesday, 7th May 2024), rising from $0.00000012 to $0.00000012. During the last trading day the cryptocurrency fluctuated 0.565% from a day low at $0.00000012 to a day high of $0.00000012. The price has risen in 6 of the last 10 days and is up by 0.09% over the past 2 weeks. Volume fell on the last day by -70 shares and in total, 4 thousand shares were bought and sold for approximately $0.0005 . 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 is at the lower part of a narrow and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $0.00000012 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Cockapoo USD cryptocurrency with a 90% probability to be traded between $0.00000012 and $0.00000012 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and cryptocurrencies seldom manage to go directly from the bottom of a trend up to the top. Cryptocurrencies turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
CPOOUSD Signals & Forecast
There are mixed signals in the cryptocurrency today. The Cockapoo USD 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 $0.00000012. On a fall, the cryptocurrency will find some support from the short-term average at $0.00000012. 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. 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 not be. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 0.148%. Further rise is indicated until a new top pivot has been found. The cryptocurrency had a Golden Star Signal on Wednesday, March 27, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, April 09, 2024.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the cryptocurrency in question.
Golden Star
The cryptocurrency had a Golden Star Signal on Wednesday, March 27, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, April 09, 2024.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the cryptocurrency in question.
Golden Star 12 Months
The cryptocurrency had a Golden Star Signal on Wednesday, March 27, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, April 09, 2024.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the cryptocurrency in question.
Support, Risk & Stop-loss for Cockapoo USD cryptocurrency
Cockapoo USD finds support from accumulated volume at $0.00000012 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 $0.00000000 between high and low, or 0.565%. For the last week the cryptocurrency has had daily average volatility of 0.751%
Our recommended stop-loss: $0.00000011 (-8.39%) (This cryptocurrency has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (CPOOUSD) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect Cockapoo USD to open at $0.00000012, and during the day (based on 14 day Average True Range), to move between $0.00000011 and $0.00000012, which gives a possible trading interval of +/-$0.00000000 (+/-1.03%) up or down from last closing price. If Cockapoo USD takes out the full calculated possible swing range there will be an estimated 2.05% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.00000012 (0.00%) than the support at $0.00000012 (0.02%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Cockapoo USD cryptocurrency A Buy?
Cockapoo USD holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.021 Hold/Accumulate Upgraded
Predicted Opening Price for Cockapoo USD of Wednesday, May 8, 2024
| Fair opening price May 8, 2024 | Current price |
|---|---|
| $0.00000012 ( 0.150%) | $0.00000012 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CPOOUSD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.00000012 | 0.715 % | |
| R2 | 0.00000012 | 0.499 % | ||
| R1 | 0.00000012 | 0.366 % | ||
| Current price: | 0.00000012 | |||
| Support | S1 | 0.00000012 | -0.0655 % | |
| S2 | 0.00000012 | -0.199 % | ||
| S3 | 0.00000012 | -0.415 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.00000012 | 0.0934 % | |
| R2 | 0.00000012 | 0.0061 % | ||
| R1 | 0.00000012 | 0.0026 % | ||
| Current price | 0.00000012 | |||
| Support | S1 | 0.00000012 | -0.0208% | |
| S2 | 0.00000012 | -0.0450% | ||
| S3 | 0.00000012 | -0.0899% |
FAQ
Click here for our free guide on how to buy Cockapoo USD Cryptocurrency.
