INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 11/14/2022 (GMT)
- 122
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 4.09 USD
My targets
3.73 USD (-4.36%)
3.49 USD (-10.51%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on INTERNET COMPUTER - ICP/USD. As long as you are under the resistance located at 4.09 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 3.73 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 3.49 USD as an objective. If the resistance 4.09 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.9
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.
This analysis was given by EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USD rating is 3.90 USD. The price is lower by -1.27% since the last closing and was traded between 3.67 USD and 4.10 USD over the period. The price is currently at +6.27% from its lowest and -4.88% from its highest.3.67
4.10
3.90
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on INTERNET COMPUTER - ICP/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of INTERNET COMPUTER - ICP/USD indicates that the overall trend is bearish. The signals given by moving averages are 64.29% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 3.49 | 3.73 | 3.90 | 4.09 | 4.41 | 5.16 |
Change (%) | -10.51% | -4.36% | - | +4.87% | +13.08% | +32.31% |
Change | -0.41 | -0.17 | - | +0.19 | +0.51 | +1.26 |
Level | Minor | Intermediate | - | Minor | Minor | 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 | 3.27 | 3.47 | 3.71 | 3.91 | 4.15 | 4.35 | 4.59 |
Camarilla | 3.83 | 3.87 | 3.91 | 3.95 | 3.99 | 4.03 | 4.07 |
Woodie | 3.29 | 3.48 | 3.73 | 3.92 | 4.17 | 4.36 | 4.61 |
Fibonacci | 3.47 | 3.64 | 3.74 | 3.91 | 4.08 | 4.18 | 4.35 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.86 | 2.18 | 2.99 | 4.31 | 5.12 | 6.44 | 7.25 |
Camarilla | 3.22 | 3.42 | 3.62 | 3.81 | 4.01 | 4.20 | 4.40 |
Woodie | 0.62 | 2.05 | 2.75 | 4.18 | 4.88 | 6.31 | 7.01 |
Fibonacci | 2.18 | 2.99 | 3.49 | 4.31 | 5.12 | 5.62 | 6.44 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.00 | 3.82 | 4.56 | 5.38 | 6.12 | 6.94 | 7.68 |
Camarilla | 4.86 | 5.00 | 5.15 | 5.29 | 5.43 | 5.58 | 5.72 |
Woodie | 2.95 | 3.80 | 4.51 | 5.36 | 6.07 | 6.92 | 7.63 |
Fibonacci | 3.82 | 4.42 | 4.79 | 5.38 | 5.98 | 6.35 | 6.94 |
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): | 46.94 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | -2.79 | |
AROON (14): | -42.86 | |
DEMA (21): | 3.91 | |
Parabolic SAR (0,02-0,02-0,2): | 4.08 | |
Elder Ray (13): | -0.03 | |
Super Trend (3,10): | 3.76 | |
Zig ZAG (10): | 3.88 | |
VORTEX (21): | 1.1100 | |
Stochastique (14,3,5): | 20.24 | |
TEMA (21): | 3.89 | |
Williams %R (14): | -78.57 | |
Chande Momentum Oscillator (20): | -0.14 | |
Repulse (5,40,3): | 0.3900 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0400 | |
Courbe Coppock: | 2.06 |
MA7: | 3.99 | |
MA20: | 4.82 | |
MA50: | 5.21 | |
MA100: | 5.97 | |
MAexp7: | 3.89 | |
MAexp20: | 3.90 | |
MAexp50: | 3.91 | |
MAexp100: | 3.99 | |
Price / MA7: | -2.26% | |
Price / MA20: | -19.09% | |
Price / MA50: | -25.14% | |
Price / MA100: | -34.67% | |
Price / MAexp7: | +0.26% | |
Price / MAexp20: | -0% | |
Price / MAexp50: | -0.26% | |
Price / MAexp100: | -2.26% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis INTERNET COMPUTER - ICP/USD - 1H