INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 01/07/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
11%
44%
44%
My opinion
Bearish under 12.57 USD
My targets
12.01 USD (-0.83%)
10.87 USD (-10.24%)
My analysis
The current short-term bearish acceleration registered on INTERNET COMPUTER - ICP/USD should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 12.57 USD. Short-term sellers will use the support located at 12.01 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 10.87 USD. Crossing this support would then open the door for sellers to target 10.53 USD. Caution, if there is a return to below 12.57 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
INTERNET COMPUTER - ICP/USD rating 12.11 USD. The price registered a decrease of -0.82% on the session and was traded between 11.99 USD and 12.36 USD over the period. The price is currently at +1.00% from its lowest and -2.02% from its highest.11.99
12.36
12.11
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of INTERNET COMPUTER - ICP/USD indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
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 | 10.53 | 10.87 | 12.01 | 12.11 | 12.57 | 13.67 | 15.25 |
| Change (%) | -13.05% | -10.24% | -0.83% | - | +3.80% | +12.88% | +25.93% |
| Change | -1.58 | -1.24 | -0.10 | - | +0.46 | +1.56 | +3.14 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 11.10 | 11.46 | 11.84 | 12.20 | 12.58 | 12.94 | 13.32 |
| Camarilla | 12.01 | 12.07 | 12.14 | 12.21 | 12.28 | 12.35 | 12.41 |
| Woodie | 11.10 | 11.47 | 11.84 | 12.21 | 12.58 | 12.95 | 13.32 |
| Fibonacci | 11.46 | 11.75 | 11.92 | 12.20 | 12.49 | 12.66 | 12.94 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.36 | 8.53 | 10.41 | 11.58 | 13.46 | 14.63 | 16.51 |
| Camarilla | 11.45 | 11.73 | 12.01 | 12.29 | 12.57 | 12.85 | 13.13 |
| Woodie | 7.72 | 8.71 | 10.77 | 11.76 | 13.82 | 14.81 | 16.87 |
| Fibonacci | 8.53 | 9.70 | 10.42 | 11.58 | 12.75 | 13.47 | 14.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.39 | 4.59 | 7.22 | 11.42 | 14.05 | 18.25 | 20.88 |
| Camarilla | 7.98 | 8.61 | 9.23 | 9.86 | 10.49 | 11.11 | 11.74 |
| Woodie | -0.39 | 4.20 | 6.45 | 11.03 | 13.28 | 17.86 | 20.11 |
| Fibonacci | 4.59 | 7.20 | 8.81 | 11.42 | 14.03 | 15.64 | 18.25 |
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): | 46.84 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 0.46 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 12.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.39 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 12.44 | |
| Zig ZAG (10): | 12.12 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 29.73 | |
| TEMA (21): | 12.16 | |
| Williams %R (14): | -59.46 | |
| Chande Momentum Oscillator (20): | -0.10 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.26 |
| MA7: | 11.76 | |
| MA20: | 10.86 | |
| MA50: | 11.80 | |
| MA100: | 9.98 | |
| MAexp7: | 12.15 | |
| MAexp20: | 12.16 | |
| MAexp50: | 12.12 | |
| MAexp100: | 11.93 | |
| Price / MA7: | +2.98% | |
| Price / MA20: | +11.51% | |
| Price / MA50: | +2.63% | |
| Price / MA100: | +21.34% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -0.41% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | +1.51% |
Quotes :
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Real time data
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Cryptocompare
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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…
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