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$0.00000025
+0 (+0%)
At Close: May 16, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SHIBELONUSD
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Red day on Thursday for ShibElon USD cryptocurrency after losing 0%
(Updated on May 16, 2024)

Hold candidate since May 14, 2024 Loss -1.17% PDF

No changes to the price of ShibElon USD cryptocurrency on the last trading day (Thursday, 16th May 2024). During the last trading day the cryptocurrency fluctuated 0% from a day low at $0.00000025 to a day high of $0.00000025. The price has fallen in 5 of the last 10 days and is down by -4.18% for this period.

The cryptocurrency lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the cryptocurrency is expected to rise 13.97% during the next 3 months and, with a 90% probability hold a price between $0.00000025 and $0.00000043 at the end of this 3-month period.

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SHIBELONUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 15, 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 ShibElon 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 $0.00000025 and $0.00000026. 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 ShibElon USD cryptocurrency

ShibElon USD finds support from accumulated volume at $0.00000025 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 1.08%

Our recommended stop-loss: $0.00000024 (-5.92%) (This cryptocurrency has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (SHIBELONUSD) For The Upcoming Trading Day Of Friday 17th

For the upcoming trading day on Friday, 17th we expect ShibElon USD to open at $0.00000025, and during the day (based on 14 day Average True Range), to move between $0.00000025 and $0.00000026, which gives a possible trading interval of +/-$0.00000001 (+/-2.29%) up or down from last closing price. If ShibElon USD takes out the full calculated possible swing range there will be an estimated 4.57% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.00000025 (0.48%) than the resistance at $0.00000028 (12.63%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ShibElon USD cryptocurrency A Buy?

ShibElon 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 ShibElon USD of Friday, May 17, 2024

Fair opening price May 17, 2024 Current price
$0.00000025 ( 0%) $0.00000025

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

Trading levels for SHIBELONUSD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.00000025 .
R2 0.00000025 .
R1 0.00000025 .
Current price: 0.00000025
Support S1 0.00000025 .
S2 0.00000025 .
S3 0.00000025 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.00000029 17.05 %
R2 0.00000029 16.83 %
R1 0.00000028 12.63 %
Current price 0.00000025
Support S1 0.00000025 -0.478%
S2 0.00000024 -3.12%
S3 0.00000023 -7.27%

FAQ

What is the symbol for ShibElon USD Cryptocurrency and on which exchange is it traded?
The symbol for ShibElon USD is SHIBELONUSD and it is traded on the CRYPTO (Cryptocurrencies).

Should I buy or sell ShibElon USD Cryptocurrency?
ShibElon 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.

How to buy ShibElon USD Cryptocurrency?
ShibElon USD Cryptocurrency can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ShibElon USD Cryptocurrency.

What's the current price of ShibElon USD Cryptocurrency?
As of the end of day on the May 16, 2024, the price of an ShibElon USD (SHIBELONUSD) share was $0.00000025.

What is the 52-week high and low for ShibElon USD Cryptocurrency?
The 52-week high for ShibElon USD Cryptocurrency is $0.00000052 and the 52-week low is $0.00000011.
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