SaitaRealty USD Cryptocurrency Forecast
Red day on Tuesday for SaitaRealty USD
(Updated on May 07, 2024)
The SaitaRealty USD cryptocurrency price fell by -1.08% on the last day (Tuesday, 7th May 2024) from $0.000093 to $0.000092. During the last trading day the cryptocurrency fluctuated 2.17% from a day low at $0.000092 to a day high of $0.000094. The price has fallen in 5 of the last 10 days and is down by -6.12% for this period. Volume fell on the last day along with the cryptocurrency, which is actually a good sign as volume should follow the cryptocurrency. On the last day, the trading volume fell by -33 thousand shares and in total, 152 thousand shares were bought and sold for approximately $14.02 .
The cryptocurrency lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.00008273 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the cryptocurrency is expected to fall -2.09% during the next 3 months and, with a 90% probability hold a price between $0.00008101 and $0.0002 at the end of this 3-month period.
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SRLTYUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 10.84%. 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 SaitaRealty USD cryptocurrency holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the cryptocurrency giving a more negative forecast for the stock. On further gains, the cryptocurrency will meet resistance from the long-term Moving Average at $0.0001. On a fall, the cryptocurrency will find some support from the short-term average at $0.00009186. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this cryptocurrency may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for SaitaRealty USD cryptocurrency
SaitaRealty USD finds support from accumulated volume at $0.00009 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This cryptocurrency may move very much during the day (volatility) and with periodic low trading volume this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0.000002 between high and low, or 2.17%. For the last week the cryptocurrency has had daily average volatility of 5.67%.
SaitaRealty USD is oversold on RSI14 (24). Some cryptocurrencies may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SRLTYUSD) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect SaitaRealty USD to open at $0.00009267, and during the day (based on 14 day Average True Range), to move between $0.00008123 and $0.0001, which gives a possible trading interval of +/-$0.00001077 (+/-11.70%) up or down from last closing price. If SaitaRealty USD takes out the full calculated possible swing range there will be an estimated 23.41% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.000093 (1.09%) than the support at $0.00009 (2.17%), 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 SaitaRealty USD cryptocurrency A Buy?
SaitaRealty USD holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this cryptocurrency.
Current score: -2.408 Sell Candidate Unchanged
Predicted Opening Price for SaitaRealty USD of Wednesday, May 8, 2024
| Fair opening price May 8, 2024 | Current price |
|---|---|
| $0.00009267 ( 0.725%) | $0.000092 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SRLTYUSD
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.00009467 | 2.90 % | |
| R2 | 0.00009390 | 2.07 % | ||
| R1 | 0.00009343 | 1.56 % | ||
| Current price: | 0.000092 | |||
| Support | S1 | 0.00009190 | -0.106 % | |
| S2 | 0.00009143 | -0.619 % | ||
| S3 | 0.00009067 | -1.45 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0001 | 16.30 % | |
| R2 | 0.0001 | 9.78 % | ||
| R1 | 0.000093 | 1.09 % | ||
| Current price | 0.000092 | |||
| Support | S1 | 0.00009 | -2.17% | |
| S2 | 0.000084 | -8.70% | ||
| S3 | 0.000083 | -9.78% |
FAQ
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