Score Token USD Cryptocurrency Forecast

Score Token USD cryptocurrency price down 0% on Tuesday
(Updated on Jun 25, 2024)

SCOUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Score Token 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 $0.000008 and $0.0000106. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Score Token USD cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.000007 and $0.00000673. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.00000673 may give a huge drop in the cryptocurrency price.

This cryptocurrency may move very much during the day (volatility) and with periodic low trading volume this cryptocurrency is considered to be "very high risk". 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: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SCOUSD) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Score Token USD to open at $0.000008, and during the day (based on 14 day Average True Range), to move between $0.00000763 and $0.00000837, which gives a possible trading interval of +/-$0.00000037 (+/-4.57%) up or down from last closing price. If Score Token USD takes out the full calculated possible swing range there will be an estimated 9.15% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.000007 (12.50%) than the resistance at $0.000009 (12.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Score Token USD cryptocurrency A Buy?

Score Token USD holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this cryptocurrency.

Current score: -2.719 Sell Candidate Unchanged

Predicted Opening Price for Score Token USD of Wednesday, June 26, 2024

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