Dogewhale USD Cryptocurrency Forecast

Volatile ride for Dogewhale USD cryptocurrency price on Friday moving between $0.000002 and $0.000003
(Updated on May 17, 2024)

DOGEWHALEUSD Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the cryptocurrency should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Dogewhale USD cryptocurrency 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 $0.000002 and $0.00000274. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Saturday, March 02, 2024, and so far it has fallen -71.43%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Dogewhale USD cryptocurrency

There is no support from accumulated volume below today's level and given the right condition the cryptocurrency may perform very badly in the next couple of days.

This cryptocurrency may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0.000001 between high and low, or 50.00%. For the last week, the cryptocurrency has had daily average volatility of 10.00%.

Our recommended stop-loss: $0.00000188 (-6.00%) (This cryptocurrency has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 76 days ago.)

Trading Expectations (DOGEWHALEUSD) For The Upcoming Trading Day Of Saturday 18th

For the upcoming trading day on Saturday, 18th we expect Dogewhale USD to open at $0.00000233, and during the day (based on 14 day Average True Range), to move between $0.00000165 and $0.00000235, which gives a possible trading interval of +/-$0.00000035 (+/-17.54%) up or down from last closing price. If Dogewhale USD takes out the full calculated possible swing range there will be an estimated 35.08% move between the lowest and the highest trading price during the day.

Is Dogewhale USD cryptocurrency A Buy?

Dogewhale USD holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation 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: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Dogewhale USD of Saturday, May 18, 2024

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