INTERNET COMPUTER - ICP/USDT - 1H - Technical analysis published on 10/12/2022 (GMT)
- 141
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : WITHOUT TARGET
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 5.22 USDT
My targets
-
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INTERNET COMPUTER - ICP/USDT as long as the price remains well below 5.22 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
7.7
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT rating is 5.13 USDT. The price registered a decrease of -1.91% on the session with the lowest point at 5.13 USDT and the highest point at 5.31 USDT. The deviation from the price is 0% for the low point and -3.39% for the high point.5.13
5.31
5.13
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this INTERNET COMPUTER - ICP/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
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:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 5.13 | 5.22 | 5.37 | 5.85 |
| Change (%) | - | +1.75% | +4.68% | +14.04% |
| Change | - | +0.09 | +0.24 | +0.72 |
| Level | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.00 | 5.10 | 5.17 | 5.27 | 5.34 | 5.44 | 5.51 |
| Camarilla | 5.18 | 5.20 | 5.21 | 5.23 | 5.25 | 5.26 | 5.28 |
| Woodie | 4.98 | 5.09 | 5.15 | 5.26 | 5.32 | 5.43 | 5.49 |
| Fibonacci | 5.10 | 5.17 | 5.21 | 5.27 | 5.34 | 5.38 | 5.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.23 | 5.50 | 5.66 | 5.93 | 6.09 | 6.36 | 6.52 |
| Camarilla | 5.69 | 5.73 | 5.77 | 5.81 | 5.85 | 5.89 | 5.93 |
| Woodie | 5.17 | 5.47 | 5.60 | 5.90 | 6.03 | 6.33 | 6.46 |
| Fibonacci | 5.50 | 5.67 | 5.77 | 5.93 | 6.10 | 6.20 | 6.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.52 | 4.57 | 5.32 | 6.37 | 7.12 | 8.17 | 8.92 |
| Camarilla | 5.58 | 5.74 | 5.91 | 6.07 | 6.24 | 6.40 | 6.57 |
| Woodie | 3.37 | 4.50 | 5.17 | 6.30 | 6.97 | 8.10 | 8.77 |
| Fibonacci | 4.57 | 5.26 | 5.68 | 6.37 | 7.06 | 7.48 | 8.17 |
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): | 37.98 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -19.97 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 5.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.28 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 5.33 | |
| Zig ZAG (10): | 5.19 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 24.30 | |
| TEMA (21): | 5.21 | |
| Williams %R (14): | -71.69 | |
| Chande Momentum Oscillator (20): | -0.10 | |
| Repulse (5,40,3): | -0.3700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 1.56 |
| MA7: | 5.62 | |
| MA20: | 5.92 | |
| MA50: | 6.20 | |
| MA100: | 6.71 | |
| MAexp7: | 5.20 | |
| MAexp20: | 5.25 | |
| MAexp50: | 5.36 | |
| MAexp100: | 5.52 | |
| Price / MA7: | -8.72% | |
| Price / MA20: | -13.34% | |
| Price / MA50: | -17.26% | |
| Price / MA100: | -23.55% | |
| Price / MAexp7: | -1.35% | |
| Price / MAexp20: | -2.29% | |
| Price / MAexp50: | -4.29% | |
| Price / MAexp100: | -7.07% |
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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