INTERNET COMPUTER - ICP/USDT - 1H - Technical analysis published on 01/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 4.09 USDT
My targets
4.17 USDT (+1.29%)
4.42 USDT (+7.28%)
My analysis
The bullish trend is currently very strong on INTERNET COMPUTER - ICP/USDT. As long as the price remains above the support at 4.09 USDT, you could try to benefit from the boom. The first bullish objective is located at 4.17 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.42 USDT as an objective. Crossing it would then enable buyers to target 6.22 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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This analysis was given by EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
INTERNET COMPUTER - ICP/USDT rating 4.12 USDT. The price registered an increase of +2.49% on the session with the lowest point at 3.94 USDT and the highest point at 4.17 USDT. The deviation from the price is +4.57% for the low point and -1.20% for the high point.3.94
4.17
4.12
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of INTERNET COMPUTER - ICP/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.77 | 3.92 | 4.09 | 4.12 | 4.42 | 6.22 | 7.17 |
| Change (%) | -8.50% | -4.85% | -0.73% | - | +7.28% | +50.97% | +74.03% |
| Change | -0.35 | -0.20 | -0.03 | - | +0.30 | +2.10 | +3.05 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.81 | 3.87 | 3.94 | 4.00 | 4.07 | 4.13 | 4.20 |
| Camarilla | 3.98 | 4.00 | 4.01 | 4.02 | 4.03 | 4.04 | 4.06 |
| Woodie | 3.83 | 3.87 | 3.96 | 4.00 | 4.09 | 4.13 | 4.22 |
| Fibonacci | 3.87 | 3.92 | 3.95 | 4.00 | 4.05 | 4.08 | 4.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.21 | 3.46 | 3.69 | 3.94 | 4.17 | 4.42 | 4.65 |
| Camarilla | 3.80 | 3.84 | 3.89 | 3.93 | 3.97 | 4.02 | 4.06 |
| Woodie | 3.21 | 3.46 | 3.69 | 3.94 | 4.17 | 4.42 | 4.65 |
| Fibonacci | 3.46 | 3.64 | 3.75 | 3.94 | 4.12 | 4.23 | 4.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.23 | 2.80 | 3.37 | 3.94 | 4.51 | 5.08 | 5.65 |
| Camarilla | 3.62 | 3.72 | 3.83 | 3.93 | 4.04 | 4.14 | 4.24 |
| Woodie | 2.22 | 2.80 | 3.36 | 3.94 | 4.50 | 5.08 | 5.64 |
| Fibonacci | 2.80 | 3.24 | 3.51 | 3.94 | 4.38 | 4.65 | 5.08 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 66.57 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 21.32 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 3.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.84 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 3.84 | |
| Zig ZAG (10): | 3.88 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 80.04 | |
| TEMA (21): | 3.89 | |
| Williams %R (14): | -31.19 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.8100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.61 |
| MA7: | 3.77 | |
| MA20: | 3.90 | |
| MA50: | 3.96 | |
| MA100: | 4.72 | |
| MAexp7: | 3.89 | |
| MAexp20: | 3.87 | |
| MAexp50: | 3.84 | |
| MAexp100: | 3.79 | |
| Price / MA7: | +9.28% | |
| Price / MA20: | +5.64% | |
| Price / MA50: | +4.04% | |
| Price / MA100: | -12.71% | |
| Price / MAexp7: | +5.91% | |
| Price / MAexp20: | +6.46% | |
| Price / MAexp50: | +7.29% | |
| Price / MAexp100: | +8.71% |
Quotes :
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Real time data
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