INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 05/17/2023 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
22%
56%
22%
My opinion
Neutral between 5.17 USD and 5.31 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 5.17 USD. The first resistance is located at 5.31 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USD price is 5.22 USD. On the day, this instrument lost -0.19% with the lowest point at 5.14 USD and the highest point at 5.31 USD. The deviation from the price is +1.56% for the low point and -1.69% for the high point.5.14
5.31
5.22
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 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this INTERNET COMPUTER - ICP/USD chart shows a slightly bearish trend. Only 46.43% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.91 | 5.08 | 5.17 | 5.22 | 5.24 | 5.31 | 5.39 |
| Change (%) | -5.94% | -2.68% | -0.96% | - | +0.38% | +1.72% | +3.26% |
| Change | -0.31 | -0.14 | -0.05 | - | +0.02 | +0.09 | +0.17 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | 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 | 5.02 | 5.09 | 5.16 | 5.23 | 5.30 | 5.37 | 5.44 |
| Camarilla | 5.19 | 5.20 | 5.22 | 5.23 | 5.24 | 5.26 | 5.27 |
| Woodie | 5.02 | 5.09 | 5.16 | 5.23 | 5.30 | 5.37 | 5.44 |
| Fibonacci | 5.09 | 5.14 | 5.18 | 5.23 | 5.28 | 5.32 | 5.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.99 | 4.45 | 4.80 | 5.26 | 5.61 | 6.07 | 6.42 |
| Camarilla | 4.93 | 5.00 | 5.08 | 5.15 | 5.22 | 5.30 | 5.37 |
| Woodie | 3.94 | 4.42 | 4.75 | 5.23 | 5.56 | 6.04 | 6.37 |
| Fibonacci | 4.45 | 4.76 | 4.95 | 5.26 | 5.57 | 5.76 | 6.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.58 | 3.67 | 5.05 | 6.14 | 7.52 | 8.61 | 9.99 |
| Camarilla | 5.74 | 5.97 | 6.19 | 6.42 | 6.65 | 6.87 | 7.10 |
| Woodie | 2.72 | 3.74 | 5.19 | 6.21 | 7.66 | 8.68 | 10.13 |
| Fibonacci | 3.67 | 4.62 | 5.20 | 6.14 | 7.09 | 7.67 | 8.61 |
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): | 43.04 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -6.16 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 5.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.25 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 5.28 | |
| Zig ZAG (10): | 5.17 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 19.06 | |
| TEMA (21): | 5.17 | |
| Williams %R (14): | -73.33 | |
| Chande Momentum Oscillator (20): | -0.10 | |
| Repulse (5,40,3): | 0.3400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 2.63 |
| MA7: | 5.17 | |
| MA20: | 5.58 | |
| MA50: | 5.49 | |
| MA100: | 5.56 | |
| MAexp7: | 5.18 | |
| MAexp20: | 5.21 | |
| MAexp50: | 5.22 | |
| MAexp100: | 5.22 | |
| Price / MA7: | +0.97% | |
| Price / MA20: | -6.45% | |
| Price / MA50: | -4.92% | |
| Price / MA100: | -6.12% | |
| Price / MAexp7: | +0.77% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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