Shih Tzu USD Cryptocurrency Forecast

Shih Tzu USD cryptocurrency upgraded to Buy Candidate.
(Updated on May 16, 2024)

SHIHUSD Signals & Forecast

The Shih Tzu USD cryptocurrency holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the cryptocurrency giving a positive forecast for the stock. On further gains, the cryptocurrency will meet resistance from the short-term Moving Average at approximately $0.00000000. On a fall, the cryptocurrency will find some support from the long-term average at approximately $0.00000000. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Wednesday, May 15, 2024, and so far it has fallen 0%. 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.

Support, Risk & Stop-loss for Shih Tzu USD cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.00000000 and $0.00000000. There is a natural risk involved when a cryptocurrency is testing a support level, since if this is broken, the cryptocurrency then may fall to the next support level. In this case, Shih Tzu USD finds support just below today's level at $0.00000000. If this is broken, then the next support from accumulated volume will be at $0.00000000 and $0.00000000.

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 6.04%

Our recommended stop-loss: $0.00000000 (-3.86%) (This cryptocurrency has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

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

For the upcoming trading day on Friday, 17th we expect Shih Tzu 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 (+/-29.92%) up or down from last closing price. If Shih Tzu USD takes out the full calculated possible swing range there will be an estimated 59.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.00000000 (10.58%) than the support at $0.00000000 (19.55%), 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 Shih Tzu USD cryptocurrency A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Shih Tzu USD cryptocurrency to perform well in the short-term period. We have upgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.020 Buy Candidate Upgraded

Predicted Opening Price for Shih Tzu USD of Friday, May 17, 2024

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