Shido USD Cryptocurrency Forecast
Red day on Monday for Shido USD cryptocurrency after losing 0%
(Updated on May 20, 2024)
No changes to the price of Shido USD cryptocurrency on the last trading day (Monday, 20th May 2024). During the last trading day the cryptocurrency fluctuated 0% from a day low at $0.000001 to a day high of $0.000001. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The cryptocurrency lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the cryptocurrency is expected to fall -18.17% during the next 3 months and, with a 90% probability hold a price between $0.00000044 and $0.00000205 at the end of this 3-month period.
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SHIDOUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the cryptocurrency should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Shido USD cryptocurrency
There is no support from accumulated volume below today's level and given the right condition the cryptocurrency may perform very badly in the next couple of days.
In general the cryptocurrency tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. 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: $0.00000094 (-6.00%) (This cryptocurrency has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 80 days ago.)
Trading Expectations (SHIDOUSD) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Shido USD to open at $0.000001, and during the day (based on 14 day Average True Range), to move between $0.00000100 and $0.00000100, which gives a possible trading interval of +/-$0.00000000 (+/-0.34%) up or down from last closing price. If Shido USD takes out the full calculated possible swing range there will be an estimated 0.69% move between the lowest and the highest trading price during the day.
Is Shido USD cryptocurrency A Buy?
Shido 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 Shido USD of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| $0.000001 ( 0%) | $0.000001 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SHIDOUSD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.000001 | . | |
| R2 | 0.000001 | . | ||
| R1 | 0.000001 | . | ||
| Current price: | 0.000001 | |||
| Support | S1 | 0.000001 | . | |
| S2 | 0.000001 | . | ||
| S3 | 0.000001 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.000001 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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