Kishu Inu USD Cryptocurrency Forecast
Stronger technical forecast for Kishu Inu USD cryptocurrency price after Friday trading.
(Updated on May 17, 2024)
The Kishu Inu USD cryptocurrency price gained 3.85% on the last trading day (Friday, 17th May 2024), rising from $0.00000000 to $0.00000000. During the last trading day the cryptocurrency fluctuated 6.78% from a day low at $0.00000000 to a day high of $0.00000000. The price has been going up and down for this period, and there has been a 6.14% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $0.0005 .
The cryptocurrency lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the cryptocurrency is expected to fall -16.28% during the next 3 months and, with a 90% probability hold a price between $0.00000000 and $0.00000000 at the end of this 3-month period.
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KISHUUSD Signals & Forecast
The Kishu Inu USD cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the cryptocurrency has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.00000000 and $0.00000000. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Kishu Inu USD has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. 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. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -60.55%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Kishu Inu USD cryptocurrency
Kishu Inu USD finds support from accumulated volume at $0.00000000 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This cryptocurrency has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the cryptocurrency moved $0.00000000 between high and low, or 6.78%. For the last week, the cryptocurrency has had daily average volatility of 8.42%.
Our recommended stop-loss: $0.00000000 (-6.02%) (This cryptocurrency has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 70 days ago.)
Trading Expectations (KISHUUSD) For The Upcoming Trading Day Of Saturday 18th
For the upcoming trading day on Saturday, 18th we expect Kishu Inu USD to open at $0.00000000, and during the day (based on 14 day Average True Range), to move between $0.00000000 and $0.00000000, which gives a possible trading interval of +/-$0.00000000 (+/-7.76%) up or down from last closing price. If Kishu Inu USD takes out the full calculated possible swing range there will be an estimated 15.51% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.00000000 (0.93%) than the resistance at $0.00000000 (9.72%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Kishu Inu USD cryptocurrency A Buy?
Kishu Inu 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. 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 Kishu Inu USD of Saturday, May 18, 2024
Fair opening price May 18, 2024 | Current price |
---|---|
$0.00000000 ( 0.772%) | $0.00000000 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KISHUUSD
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.00000000 | 5.71 % | |
R2 | 0.00000000 | 3.23 % | ||
R1 | 0.00000000 | 1.70 % | ||
Current price: | 0.00000000 | |||
Support | S1 | 0.00000000 | -3.25 % | |
S2 | 0.00000000 | -4.78 % | ||
S3 | 0.00000000 | -7.25 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.00000000 | 23.84 % | |
R2 | 0.00000000 | 23.38 % | ||
R1 | 0.00000000 | 9.72 % | ||
Current price | 0.00000000 | |||
Support | S1 | 0.00000000 | -0.93% | |
S2 | 0.00000000 | -1.62% | ||
S3 | 0.00000000 | -16.44% |
FAQ
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