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INTERNET COMPUTER - ICP/BTC
INTERNET COMPUTER - ICP/BTC
- BTC (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ICPBTC
ISIN:

INTERNET COMPUTER - ICP/BTC - Weekly - Technical analysis published on 12/30/2023 (GMT)

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  • Timeframe : Weekly
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.000210 BTC
My targets
0.000303 BTC (+9.78%)
0.000385 BTC (+39.49%)
My analysis
The strong short-term increase of INTERNET COMPUTER - ICP/BTC should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.000210 BTC, a purchase could be considered. The first bullish objective is located at 0.000303 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.000385 BTC. If there is any crossing, the next objective would be the resistance at 0.000681 BTC. Caution, if there is a return under 0.000210 BTC, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.1

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.

CryplerII
This analysis was given by CryplerII. Take part yourself by sharing additional analysis on another time unit:
Daily

Additional analysis

Quotes

The INTERNET COMPUTER - ICP/BTC rating is 0.000276 BTC. The price is up +21.05% over 5 days and was traded between 0.000205 BTC and 0.000281 BTC over the period. The price is currently at +34.63% from its lowest point and -1.78% from its highest point.

0.000205
0.000281
0.000276

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in Weekly of this INTERNET COMPUTER - ICP/BTC chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Weekly


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Weekly



In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Weekly


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Weekly



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

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Weekly




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.000103 0.000210 0.000276 0.000303 0.000385 0.000681
Change (%) -62.68% -23.91% - +9.78% +39.49% +146.74%
Change -0.000173 -0.000066 - +0.000027 +0.000109 +0.000405
Level Intermediate Major - Intermediate Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0002010.0002090.0002160.0002240.0002310.0002390.000246
Camarilla0.0002190.0002200.0002220.0002230.0002240.0002260.000227
Woodie0.0002010.0002090.0002160.0002240.0002310.0002390.000246
Fibonacci0.0002090.0002150.0002180.0002240.0002300.0002330.000239


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0001010.0001490.0001830.0002310.0002650.0003130.000347
Camarilla0.0001960.0002030.0002110.0002180.0002260.0002330.000241
Woodie0.0000950.0001460.0001770.0002280.0002590.0003100.000341
Fibonacci0.0001490.0001800.0001990.0002310.0002620.0002810.000313


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0000870.0000990.0001100.0001220.0001330.0001450.000156
Camarilla0.0001150.0001170.0001190.0001210.0001230.0001250.000127
Woodie0.0000870.0000990.0001100.0001220.0001330.0001450.000156
Fibonacci0.0000990.0001080.0001130.0001220.0001310.0001360.000145

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): 73.48
MACD (12,26,9): 0.0000
Directional Movement: 28.885839
AROON (14): 50.000000
DEMA (21): 0.000169
Parabolic SAR (0,02-0,02-0,2): 0.000122
Elder Ray (13): 0.000068
Super Trend (3,10): 0.000129
Zig ZAG (10): 0.000273
VORTEX (21): 1.1222
Stochastique (14,3,5): 84.17
TEMA (21): 0.000202
Williams %R (14): -2.23
Chande Momentum Oscillator (20): 0.000165
Repulse (5,40,3): 55.0810
ROCnROLL: 1
TRIX (15,9): -0.6500
Courbe Coppock: 115.68
MA7: 0.000230
MA20: 0.000205
MA50: 0.000155
MA100: 0.000133
MAexp7: 0.000199
MAexp20: 0.000160
MAexp50: 0.000191
MAexp100: 0.000319
Price / MA7: +20.00%
Price / MA20: +34.63%
Price / MA50: +78.06%
Price / MA100: +107.52%
Price / MAexp7: +38.69%
Price / MAexp20: +72.50%
Price / MAexp50: +44.50%
Price / MAexp100: -13.48%

Quotes : - Real time data - Cryptocompare

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

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