Trollcoin Cryptocurrency Forecast
Trollcoin cryptocurrency price ended at $0.0007 on Monday, after losing 0%.
(Updated on Jun 17, 2024)
No changes to the price of Trollcoin cryptocurrency on the last trading day (Monday, 17th Jun 2024). During the last trading day the cryptocurrency fluctuated 0% from a day low at $0.0007 to a day high of $0.0007. The price has fallen in 7 of the last 10 days and is down by -15.46% for this period.
The cryptocurrency lies in the middle of a very wide and weak 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 5.87% during the next 3 months and, with a 90% probability hold a price between $0.0006 and $0.0011 at the end of this 3-month period.
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TROLLUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Sunday, June 16, 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 Trollcoin cryptocurrency holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.0007 and $0.0007. 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 Trollcoin cryptocurrency
Trollcoin finds support from accumulated volume at $0.0007 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 1.98%
Our recommended stop-loss: $0.0007 (-6.12%) (This cryptocurrency has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (TROLLUSD) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Trollcoin to open at $0.0007, and during the day (based on 14 day Average True Range), to move between $0.0007 and $0.0007, which gives a possible trading interval of +/-$0.00003534 (+/-5.05%) up or down from last closing price. If Trollcoin takes out the full calculated possible swing range there will be an estimated 10.10% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0007 (0.71%) than the resistance at $0.0007 (1.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Trollcoin cryptocurrency A Buy?
Trollcoin 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 Trollcoin of Tuesday, June 18, 2024
Fair opening price June 18, 2024 | Current price |
---|---|
$0.0007 ( 0%) | $0.0007 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TROLLUSD
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.0007 | - |
R2 | 0.0007 | - |
R1 | 0.0007 | - |
Price | 0.0007 | |
S1 | 0.0007 | - |
S2 | 0.0007 | - |
S3 | 0.0007 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.0008 | 18.43% |
R2 | 0.0007 | 1.57% |
R1 | 0.0007 | 1.00% |
Price | 0.0007 | |
S1 | 0.0007 | -0.714% |
S2 | 0.0007 | -1.57% |
S3 | 0.0006 | -11.29% |
FAQ
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