WaultSwap USD Cryptocurrency Forecast

WaultSwap USD cryptocurrency price ended at $0.000014 on Monday, after losing 0%.
(Updated on Jun 17, 2024)

WEXUSD Signals & Forecast

The WaultSwap USD cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the cryptocurrency has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.00001371 and $0.00001374. A breakdown below any of these levels will issue sell signals. 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 Sunday, June 16, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 WaultSwap USD cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.000013 and $0.000012. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.000012 may give a huge drop in the cryptocurrency price.

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 3.08%

Our recommended stop-loss: $0.00001344 (-4.00%) (This cryptocurrency has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (WEXUSD) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect WaultSwap USD to open at $0.000014, and during the day (based on 14 day Average True Range), to move between $0.00001344 and $0.00001456, which gives a possible trading interval of +/-$0.00000056 (+/-4.03%) up or down from last closing price. If WaultSwap USD takes out the full calculated possible swing range there will be an estimated 8.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0000148 (5.71%) than the support at $0.000013 (7.14%), 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 WaultSwap USD cryptocurrency A Buy?

WaultSwap 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: 0.019 Hold/Accumulate Unchanged

Predicted Opening Price for WaultSwap USD of Tuesday, June 18, 2024

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