Dogira USD Cryptocurrency Forecast

Dogira USD cryptocurrency price ended at $0.0001 on Monday, after losing 3.97%.
(Updated on May 20, 2024)

DOGIRAUSD Signals & Forecast

There are mixed signals in the cryptocurrency today. The Dogira 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 $0.0001. On a fall, the cryptocurrency will find some support from the short-term average at $0.0001. 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. A sell signal was issued from a pivot top point on Sunday, May 19, 2024, and so far it has fallen -3.97%. 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 along with the price during the last trading day which is technical positive. One should, however, note that this cryptocurrency may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Buy

Special Signal Notification

Double Bottom Formation

Support, Risk & Stop-loss for Dogira USD cryptocurrency

Dogira USD finds support from accumulated volume at $0.0001 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 0.83%

Our recommended stop-loss: $0.0001 (-5.77%) (This cryptocurrency has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (DOGIRAUSD) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Dogira USD to open at $0.0001, and during the day (based on 14 day Average True Range), to move between $0.0001 and $0.0001, which gives a possible trading interval of +/-$0.00000282 (+/-2.33%) up or down from last closing price. If Dogira USD takes out the full calculated possible swing range there will be an estimated 4.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0001 (1.65%) than the resistance at $0.0001 (2.48%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Dogira USD cryptocurrency A Buy?

Dogira 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.

Current score: 0.000 Hold/Accumulate Unchanged

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 Dogira USD of Tuesday, May 21, 2024

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