INTERNET COMPUTER - ICP/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	ICPUSD
ISIN:

INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 03/31/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 18.50 USD

My targets

17.13 USD (-3.93%)

16.69 USD (-6.39%)

My analysis

The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade INTERNET COMPUTER - ICP/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 18.50 USD. The next bearish objective for sellers is set at 17.13 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 16.69 USD. In case of crossing, the next objective would be the support located at 15.35 USD. In the event of a bullish break in the resistance located at 18.50 USD a certain indecision would take hold.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

1.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The INTERNET COMPUTER - ICP/USD rating is 17.83 USD. On the day, this instrument lost -0.34% and was between 17.56 USD and 18.18 USD. This implies that the price is at +1.54% from its lowest and at -1.93% from its highest.

17.56

18.18

17.83

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by INTERNET COMPUTER - ICP/USD:

Abnormal volumes on INTERNET COMPUTER - ICP/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of INTERNET COMPUTER - ICP/USD in 1H shows an overall slightly bearish trend. 50.00% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	15.35	17.13	17.79	17.83	18.78	19.79	20.95
Change (%)	-13.91%	-3.93%	-0.22%	-	+5.33%	+10.99%	+17.50%
Change	-2.48	-0.70	-0.04	-	+0.95	+1.96	+3.12
Level	Major	Intermediate	Intermediate	-	Intermediate	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.68	16.42	17.16	17.90	18.64	19.38	20.12
Camarilla	17.48	17.62	17.75	17.89	18.03	18.16	18.30
Woodie	15.67	16.42	17.15	17.90	18.63	19.38	20.11
Fibonacci	16.42	16.99	17.34	17.90	18.47	18.82	19.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.53	10.02	13.96	17.45	21.39	24.88	28.82
Camarilla	15.85	16.53	17.21	17.89	18.57	19.25	19.93
Woodie	6.75	10.13	14.18	17.56	21.61	24.99	29.04
Fibonacci	10.02	12.86	14.62	17.45	20.29	22.05	24.88

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.92	8.97	10.78	12.83	14.64	16.69	18.50
Camarilla	11.53	11.88	12.24	12.59	12.94	13.30	13.65
Woodie	6.80	8.91	10.66	12.77	14.52	16.63	18.38
Fibonacci	8.97	10.45	11.36	12.83	14.31	15.22	16.69

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	49.52
MACD (12,26,9):	-0.0100
Directional Movement:	0.68
AROON (14):	-57.14
DEMA (21):	17.93
Parabolic SAR (0,02-0,02-0,2):	18.01
Elder Ray (13):	-0.04
Super Trend (3,10):	17.37
Zig ZAG (10):	17.86
VORTEX (21):	0.9600
Stochastique (14,3,5):	36.18
TEMA (21):	17.86
Williams %R (14):	-68.48
Chande Momentum Oscillator (20):	-0.38
Repulse (5,40,3):	0.0400
ROCnROLL:	2
TRIX (15,9):	0.0200
Courbe Coppock:	3.68

MA7:	18.02
MA20:	14.84
MA50:	14.04
MA100:	13.01
MAexp7:	17.87
MAexp20:	17.93
MAexp50:	17.91
MAexp100:	17.77
Price / MA7:	-1.05%
Price / MA20:	+20.15%
Price / MA50:	+26.99%
Price / MA100:	+37.05%
Price / MAexp7:	-0.22%
Price / MAexp20:	-0.56%
Price / MAexp50:	-0.45%
Price / MAexp100:	+0.34%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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