INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 01/25/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 9.48 USD
My targets
8.92 USD (-1.22%)
8.34 USD (-7.64%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INTERNET COMPUTER - ICP/USD as long as the price remains well below 9.48 USD. The sellers' bearish objective is set at 8.92 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 8.34 USD. In case of crossing, the next objective would be the support located at 7.69 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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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 rating is 9.03 USD. The price registered a decrease of -0.22% on the session with the lowest point at 8.92 USD and the highest point at 9.25 USD. The deviation from the price is +1.23% for the low point and -2.38% for the high point.8.92
9.25
9.03
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of INTERNET COMPUTER - ICP/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.69 | 8.34 | 8.92 | 9.03 | 9.48 | 9.83 | 10.19 |
| Change (%) | -14.84% | -7.64% | -1.22% | - | +4.98% | +8.86% | +12.85% |
| Change | -1.34 | -0.69 | -0.11 | - | +0.45 | +0.80 | +1.16 |
| Level | Minor | Minor | Intermediate | - | Major | Major | 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 | 8.34 | 8.62 | 8.84 | 9.12 | 9.34 | 9.62 | 9.84 |
| Camarilla | 8.91 | 8.96 | 9.00 | 9.05 | 9.10 | 9.14 | 9.19 |
| Woodie | 8.30 | 8.61 | 8.80 | 9.11 | 9.30 | 9.61 | 9.80 |
| Fibonacci | 8.62 | 8.81 | 8.93 | 9.12 | 9.31 | 9.43 | 9.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.24 | 8.27 | 9.44 | 10.47 | 11.64 | 12.67 | 13.84 |
| Camarilla | 10.02 | 10.22 | 10.42 | 10.62 | 10.82 | 11.02 | 11.23 |
| Woodie | 7.32 | 8.31 | 9.52 | 10.51 | 11.72 | 12.71 | 13.92 |
| Fibonacci | 8.27 | 9.11 | 9.63 | 10.47 | 11.31 | 11.83 | 12.67 |
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): | 43.42 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -6.31 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 9.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.14 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 9.36 | |
| Zig ZAG (10): | 8.99 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 27.27 | |
| TEMA (21): | 9.01 | |
| Williams %R (14): | -69.70 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | 0.7500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 2.06 |
| MA7: | 9.43 | |
| MA20: | 10.25 | |
| MA50: | 11.07 | |
| MA100: | 10.33 | |
| MAexp7: | 9.04 | |
| MAexp20: | 9.09 | |
| MAexp50: | 9.17 | |
| MAexp100: | 9.36 | |
| Price / MA7: | -4.24% | |
| Price / MA20: | -11.90% | |
| Price / MA50: | -18.43% | |
| Price / MA100: | -12.58% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.66% | |
| Price / MAexp50: | -1.53% | |
| Price / MAexp100: | -3.53% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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