Cockapoo 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
Cockapoo USD cryptocurrency downgraded from Hold/Accumulate to Sell Candidate after Sunday trading session.
(Updated on May 19, 2024)
The Cockapoo USD cryptocurrency price fell by -0.0164% on the last day (Sunday, 19th May 2024) from $0.00000012 to $0.00000012. During the last trading day the cryptocurrency fluctuated 0.323% from a day low at $0.00000012 to a day high of $0.00000012. The price has risen in 5 of the last 10 days and is up by 0.17% over the past 2 weeks. Volume has increased on the last day by 477 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 thousand shares were bought and sold for approximately $0.0005 .
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.
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CPOOUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 09, 2024, and so far it has risen 0.170%. 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 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. Cockapoo USD 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. The cryptocurrency had a Golden Star Signal on Saturday, May 11, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Saturday, May 11, 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 Saturday, May 11, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Saturday, May 11, 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 Saturday, May 11, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Saturday, May 11, 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 with good liquidity the risk is considered very low in this stock. During the last day, the cryptocurrency moved $0.00000000 between high and low, or 0.323%. For the last week the cryptocurrency has had daily average volatility of 0.353%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CPOOUSD) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th 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 (+/-0.65%) up or down from last closing price. If Cockapoo USD takes out the full calculated possible swing range there will be an estimated 1.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.00000012 (0.01%) than the resistance at $0.00000012 (0.01%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Cockapoo USD cryptocurrency A Buy?
Cockapoo USD 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.864 Sell Candidate Downgraded
Predicted Opening Price for Cockapoo USD of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $0.00000012 ( 0.0554%) | $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 | 0.266 % | |
| R2 | 0.00000012 | 0.143 % | ||
| R1 | 0.00000012 | 0.0675 % | ||
| Current price: | 0.00000012 | |||
| Support | S1 | 0.00000012 | -0.178 % | |
| S2 | 0.00000012 | -0.254 % | ||
| S3 | 0.00000012 | -0.377 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.00000012 | 0.0182 % | |
| R2 | 0.00000012 | 0.0164 % | ||
| R1 | 0.00000012 | 0.0147 % | ||
| Current price | 0.00000012 | |||
| Support | S1 | 0.00000012 | -0.0086% | |
| S2 | 0.00000012 | -0.0329% | ||
| S3 | 0.00000012 | -0.0398% |
FAQ
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