DeFi Warrior (FIWA) USD Cryptocurrency Forecast

DeFi Warrior (FIWA) USD cryptocurrency price ended at $0.000066 on Monday, after losing 0%.
(Updated on May 20, 2024)

FIWAUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, May 14, 2024, and so far it has risen 1.57%. 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 DeFi Warrior (FIWA) 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 $0.00006666. On a fall, the cryptocurrency will find some support from the short-term average at $0.00006543. 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. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for DeFi Warrior (FIWA) USD cryptocurrency

DeFi Warrior (FIWA) USD finds support from accumulated volume at $0.000065 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 1.53%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Tuesday, 21st we expect DeFi Warrior (FIWA) USD to open at $0.000066, and during the day (based on 14 day Average True Range), to move between $0.00006411 and $0.00006789, which gives a possible trading interval of +/-$0.00000189 (+/-2.87%) up or down from last closing price. If DeFi Warrior (FIWA) USD takes out the full calculated possible swing range there will be an estimated 5.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.000067 (1.52%) than the support at $0.000065 (1.52%), 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 DeFi Warrior (FIWA) USD cryptocurrency A Buy?

DeFi Warrior (FIWA) 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.

Current score: -3.068 Sell Candidate Unchanged

Predicted Opening Price for DeFi Warrior (FIWA) USD of Tuesday, May 21, 2024

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