SolChicks Shards USD Cryptocurrency Forecast

SolChicks Shards USD cryptocurrency price ended at $0.0003 on Thursday, after losing 0%.
(Updated on Jun 27, 2024)

SHARDSUSD Signals & Forecast

The SolChicks Shards USD cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0003 and $0.0003. 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). 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 Sunday, May 05, 2024, and so far it has fallen -0.328%. 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. The cryptocurrency had a Golden Star Signal on Sunday, June 16, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 21, 2024.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the cryptocurrency in question.

Support, Risk & Stop-loss for SolChicks Shards USD cryptocurrency

SolChicks Shards USD finds support from accumulated volume at $0.0003 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 0.0658%

Our recommended stop-loss: $0.0003 (-4.10%) (This cryptocurrency has low daily movements and this gives low risk. There is a sell signal from a pivot top found 66 days ago.)

Trading Expectations (SHARDSUSD) For The Upcoming Trading Day Of Friday 28th

For the upcoming trading day on Friday, 28th we expect SolChicks Shards USD to open at $0.0003, and during the day (based on 14 day Average True Range), to move between $0.0003 and $0.0003, which gives a possible trading interval of +/-$0.00000139 (+/-0.46%) up or down from last closing price. If SolChicks Shards USD takes out the full calculated possible swing range there will be an estimated 0.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0003 (0.33%) than the support at $0.0003 (0.33%), 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 SolChicks Shards USD cryptocurrency A Buy?

SolChicks Shards 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: 0.437 Hold/Accumulate Unchanged

Predicted Opening Price for SolChicks Shards USD of Friday, June 28, 2024

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