INTERNET COMPUTER - ICP/USDT - 1H - Technical analysis published on 12/10/2022 (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:
Bullish
Underlying:
Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 4.25 USDT
My targets
4.40 USDT (+0.69%)
4.47 USDT (+2.29%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on INTERNET COMPUTER - ICP/USDT as long as the price remains well above 4.25 USDT. The buyers' bullish objective is set at 4.40 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.47 USDT. If there is any crossing, the next objective would be the resistance located at 4.52 USDT. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT price is 4.37 USDT. On the day, this instrument gained +0.00% and was between 4.30 USDT and 4.41 USDT. This implies that the price is at +1.63% from its lowest and at -0.91% from its highest.4.30
4.41
4.37
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of INTERNET COMPUTER - ICP/USDT in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.12 | 4.25 | 4.35 | 4.37 | 4.40 | 4.47 | 4.52 |
| Change (%) | -5.72% | -2.75% | -0.46% | - | +0.69% | +2.29% | +3.43% |
| Change | -0.25 | -0.12 | -0.02 | - | +0.03 | +0.10 | +0.15 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.04 | 4.14 | 4.26 | 4.36 | 4.48 | 4.58 | 4.70 |
| Camarilla | 4.31 | 4.33 | 4.35 | 4.37 | 4.39 | 4.41 | 4.43 |
| Woodie | 4.04 | 4.15 | 4.26 | 4.37 | 4.48 | 4.59 | 4.70 |
| Fibonacci | 4.14 | 4.23 | 4.28 | 4.36 | 4.45 | 4.50 | 4.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.24 | 3.51 | 3.82 | 4.09 | 4.40 | 4.67 | 4.98 |
| Camarilla | 3.98 | 4.03 | 4.09 | 4.14 | 4.19 | 4.25 | 4.30 |
| Woodie | 3.27 | 3.52 | 3.85 | 4.10 | 4.43 | 4.68 | 5.01 |
| Fibonacci | 3.51 | 3.73 | 3.87 | 4.09 | 4.31 | 4.45 | 4.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.88 | 2.20 | 3.15 | 4.47 | 5.42 | 6.74 | 7.69 |
| Camarilla | 3.48 | 3.68 | 3.89 | 4.10 | 4.31 | 4.52 | 4.72 |
| Woodie | 0.70 | 2.11 | 2.97 | 4.38 | 5.24 | 6.65 | 7.51 |
| Fibonacci | 2.20 | 3.07 | 3.60 | 4.47 | 5.34 | 5.87 | 6.74 |
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): | 54.53 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 6.62 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 4.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.31 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 4.38 | |
| Zig ZAG (10): | 4.36 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 47.52 | |
| TEMA (21): | 4.34 | |
| Williams %R (14): | -46.53 | |
| Chande Momentum Oscillator (20): | -0.04 | |
| Repulse (5,40,3): | 0.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.35 |
| MA7: | 4.33 | |
| MA20: | 4.08 | |
| MA50: | 4.42 | |
| MA100: | 5.18 | |
| MAexp7: | 4.34 | |
| MAexp20: | 4.35 | |
| MAexp50: | 4.33 | |
| MAexp100: | 4.30 | |
| Price / MA7: | +0.92% | |
| Price / MA20: | +7.11% | |
| Price / MA50: | -1.13% | |
| Price / MA100: | -15.64% | |
| Price / MAexp7: | +0.69% | |
| Price / MAexp20: | +0.46% | |
| Price / MAexp50: | +0.92% | |
| Price / MAexp100: | +1.63% |
Quotes :
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Real time data
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Cryptocompare
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