SHIBCAT USD Cryptocurrency Forecast

SHIBCAT USD cryptocurrency price ended at $0.00000000 on Tuesday, after losing 0%.
(Updated on Jun 25, 2024)

SHIBCATUSD Signals & Forecast

There are mixed signals in the cryptocurrency today. The SHIBCAT 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. 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. A buy signal was issued from a pivot bottom point on Sunday, May 26, 2024, and so far it has fallen 0%. 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).

Support, Risk & Stop-loss for SHIBCAT 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 (-6.00%) (This cryptocurrency has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)

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

For the upcoming trading day on Wednesday, 26th we expect SHIBCAT 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 (+/-8.68%) up or down from last closing price. If SHIBCAT USD takes out the full calculated possible swing range there will be an estimated 17.37% 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 (7.50%) 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 SHIBCAT USD cryptocurrency A Buy?

SHIBCAT 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: 0.000 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 SHIBCAT USD of Wednesday, June 26, 2024

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