INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 01/26/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 11.75 USD
My targets
12.24 USD (+0.74%)
12.47 USD (+2.63%)
My analysis
The bullish trend is currently very strong on INTERNET COMPUTER - ICP/USD. As long as the price remains above the support at 11.75 USD, you could try to benefit from the boom. The first bullish objective is located at 12.24 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 12.47 USD as an objective. Crossing it would then enable buyers to target 13.90 USD. 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.
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
7.3
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USD rating is 12.15 USD. On the day, this instrument gained +9.07% and was between 10.97 USD and 12.57 USD. This implies that the price is at +10.76% from its lowest and at -3.34% from its highest.10.97
12.57
12.15
Here is a more detailed summary of the historical variations registered by INTERNET COMPUTER - ICP/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this INTERNET COMPUTER - ICP/USD chart shows a strongly bullish trend. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.00 | 11.34 | 11.75 | 12.15 | 12.24 | 12.47 | 13.90 |
| Change (%) | -9.47% | -6.67% | -3.29% | - | +0.74% | +2.63% | +14.40% |
| Change | -1.15 | -0.81 | -0.40 | - | +0.09 | +0.32 | +1.75 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.48 | 10.24 | 10.69 | 11.45 | 11.90 | 12.66 | 13.11 |
| Camarilla | 10.81 | 10.92 | 11.03 | 11.14 | 11.25 | 11.36 | 11.47 |
| Woodie | 9.33 | 10.16 | 10.54 | 11.37 | 11.75 | 12.58 | 12.96 |
| Fibonacci | 10.24 | 10.70 | 10.99 | 11.45 | 11.91 | 12.20 | 12.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.52 | 8.49 | 9.97 | 11.94 | 13.42 | 15.39 | 16.87 |
| Camarilla | 10.49 | 10.81 | 11.12 | 11.44 | 11.76 | 12.07 | 12.39 |
| Woodie | 6.27 | 8.37 | 9.72 | 11.82 | 13.17 | 15.27 | 16.62 |
| Fibonacci | 8.49 | 9.81 | 10.63 | 11.94 | 13.26 | 14.08 | 15.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -3.25 | 0.86 | 7.08 | 11.19 | 17.41 | 21.52 | 27.74 |
| Camarilla | 10.47 | 11.42 | 12.36 | 13.31 | 14.26 | 15.20 | 16.15 |
| Woodie | -2.19 | 1.39 | 8.15 | 11.72 | 18.48 | 22.05 | 28.81 |
| Fibonacci | 0.86 | 4.80 | 7.24 | 11.19 | 15.13 | 17.57 | 21.52 |
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): | 64.13 | |
| MACD (12,26,9): | 0.2400 | |
| Directional Movement: | 19.18 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 12.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.52 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 11.64 | |
| Zig ZAG (10): | 12.12 | |
| VORTEX (21): | 1.2200 | |
| Stochastique (14,3,5): | 66.82 | |
| TEMA (21): | 12.31 | |
| Williams %R (14): | -34.65 | |
| Chande Momentum Oscillator (20): | 0.27 | |
| Repulse (5,40,3): | -0.5800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2900 | |
| Courbe Coppock: | 14.26 |
| MA7: | 11.18 | |
| MA20: | 12.06 | |
| MA50: | 10.55 | |
| MA100: | 7.40 | |
| MAexp7: | 12.13 | |
| MAexp20: | 11.88 | |
| MAexp50: | 11.54 | |
| MAexp100: | 11.32 | |
| Price / MA7: | +8.68% | |
| Price / MA20: | +0.75% | |
| Price / MA50: | +15.17% | |
| Price / MA100: | +64.19% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +2.27% | |
| Price / MAexp50: | +5.29% | |
| Price / MAexp100: | +7.33% |
Quotes :
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Real time data
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