Dinastycoin USD Stock Forecast
Big movements in Dinastycoin USD stock price on Tuesday moving 12.57% between high and low
(Updated on Jun 25, 2024)
The Dinastycoin USD stock price gained 0.357% on the last trading day (Tuesday, 25th Jun 2024), rising from $0.0006 to $0.0006. During the last trading day the stock fluctuated 12.57% from a day low at $0.0005 to a day high of $0.0006. The price has risen in 5 of the last 10 days but is still down by -4.09% for this period.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0005 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 142.68% during the next 3 months and, with a 90% probability hold a price between $0.0013 and $0.0018 at the end of this 3-month period.
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DCYUSD Signals & Forecast
There are few to no technical positive signals at the moment. The Dinastycoin USD stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0006 and $0.0006. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 06, 2024, and so far it has fallen -11.20%. Further fall is indicated until a new bottom pivot has been found. 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.
Support, Risk & Stop-loss for Dinastycoin USD stock
Dinastycoin USD finds support from accumulated volume at $0.0005 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.000063 between high and low, or 12.57%. For the last week the stock has had daily average volatility of 4.10%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DCYUSD) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Dinastycoin USD to open at $0.0005, and during the day (based on 14 day Average True Range), to move between $0.0005 and $0.0006, which gives a possible trading interval of +/-$0.00002245 (+/-3.99%) up or down from last closing price. If Dinastycoin USD takes out the full calculated possible swing range there will be an estimated 7.98% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0005 (2.66%) than the resistance at $0.0006 (5.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Dinastycoin USD stock A Buy?
The Dinastycoin USD stock holds several negative signals and despite the positive trend, we believe Dinastycoin USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.360 Sell Candidate Unchanged
Predicted Opening Price for Dinastycoin USD of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $0.0005 ( 3.61%) | $0.0006 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DCYUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0006 | 7.58% |
| R2 | 0.0006 | 3.30% |
| R1 | 0.0006 | 0.663% |
| Price | 0.0006 | |
| S1 | 0.0005 | -7.89% |
| S2 | 0.0005 | -10.53% |
| S3 | 0.0005 | -14.80% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0006 | 7.10% |
| R2 | 0.0006 | 6.75% |
| R1 | 0.0006 | 5.33% |
| Price | 0.0006 | |
| S1 | 0.0005 | -2.66% |
| S2 | 0.0005 | -7.28% |
| S3 | 0.0005 | -10.83% |
FAQ
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