Shihtzu Exchange USD Cryptocurrency Forecast

High volatility in Shihtzu Exchange USD cryptocurrency price on Tuesday which ended trading at $0.00000000
(Updated on Apr 30, 2024)

STZUUSD Signals & Forecast

The Shihtzu Exchange 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). Shihtzu Exchange USD has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. 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 Friday, April 19, 2024, and so far it has fallen -53.53%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Shihtzu Exchange USD cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.00000000 and $0.00000000. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.00000000 may give a huge drop in the cryptocurrency price.

This cryptocurrency may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0.00000000 between high and low, or 39.98%. For the last week, the cryptocurrency has had daily average volatility of 21.15%.

Our recommended stop-loss: $0.00000000 (-5.86%) (This cryptocurrency has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 11 days ago.)

Trading Expectations (STZUUSD) For The Upcoming Trading Day Of Wednesday 1st

For the upcoming trading day on Wednesday, 1st we expect Shihtzu Exchange 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 (+/-24.35%) up or down from last closing price. If Shihtzu Exchange USD takes out the full calculated possible swing range there will be an estimated 48.70% 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 (8.35%) than the support at $0.00000000 (12.89%), 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 Shihtzu Exchange USD cryptocurrency A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Shihtzu Exchange USD cryptocurrency to perform well in the short-term.

Current score: 1.153 Buy Candidate Unchanged

Predicted Opening Price for Shihtzu Exchange USD of Wednesday, May 1, 2024

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