Sanshu Inu USD Cryptocurrency Forecast

Red day on Wednesday for Sanshu Inu USD
(Updated on May 01, 2024)

SANSHUUSD Signals & Forecast

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 Sanshu Inu 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 $0.00000000 and $0.00000000. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 30, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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.

Buy

Special Signal Notification

Double Bottom Formation

A buy signal from a double bottom formation was found on Tuesday, February 27, 2024 and based on theory for this formation the price should go up by 6.67% to $0.00000000 within 3 trading days since signal was issued (Thursday, May 02, 2024).

Support, Risk & Stop-loss for Sanshu Inu USD cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.00000000. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the cryptocurrency price.

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%

Our recommended stop-loss: $0.00000000 (-4.00%) (This cryptocurrency has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (SANSHUUSD) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect Sanshu 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 (+/-9.47%) up or down from last closing price. If Sanshu Inu USD takes out the full calculated possible swing range there will be an estimated 18.95% 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 (20.00%) than the resistance at $0.00000000 (20.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Sanshu Inu USD cryptocurrency A Buy?

Sanshu Inu 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.

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 Sanshu Inu USD of Thursday, May 2, 2024

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