INTERNET COMPUTER - ICP/USDT - Daily - Technical analysis published on 12/26/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 4.42 USDT
My targets
3.63 USDT (-6.44%)
My analysis
With a strongly bearish trend, the price of INTERNET COMPUTER - ICP/USDT is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 4.42 USDT remains possible. It would be possible for traders to only trade short positions (for sale) on INTERNET COMPUTER - ICP/USDT as long as the price remains well below 4.42 USDT. The next bearish objective for sellers is set at 3.63 USDT. A bearish break of this support would revive the bearish momentum.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.8
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This analysis was given by EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT price is 3.88 USDT. The price has increased by +2.92% since the last closing and was traded between 3.77 USDT and 3.92 USDT over the period. The price is currently at +2.92% from its lowest and -1.02% from its highest.3.77
3.92
3.88
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by INTERNET COMPUTER - ICP/USDT:
Technical
Technical analysis of INTERNET COMPUTER - ICP/USDT in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.63 | 3.88 | 4.42 | 6.22 | 7.17 |
| Change (%) | -6.44% | - | +13.92% | +60.31% | +84.79% |
| Change | -0.25 | - | +0.54 | +2.34 | +3.29 |
| Level | Major | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.64 | 3.67 | 3.72 | 3.75 | 3.80 | 3.83 | 3.88 |
| Camarilla | 3.75 | 3.76 | 3.76 | 3.77 | 3.78 | 3.79 | 3.79 |
| Woodie | 3.65 | 3.68 | 3.73 | 3.76 | 3.81 | 3.84 | 3.89 |
| Fibonacci | 3.67 | 3.70 | 3.72 | 3.75 | 3.78 | 3.80 | 3.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.09 | 3.23 | 3.49 | 3.63 | 3.89 | 4.03 | 4.29 |
| Camarilla | 3.63 | 3.67 | 3.70 | 3.74 | 3.78 | 3.81 | 3.85 |
| Woodie | 3.14 | 3.26 | 3.54 | 3.66 | 3.94 | 4.06 | 4.34 |
| Fibonacci | 3.23 | 3.39 | 3.48 | 3.63 | 3.79 | 3.88 | 4.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.52 | 2.52 | 3.31 | 4.31 | 5.10 | 6.10 | 6.89 |
| Camarilla | 3.61 | 3.77 | 3.94 | 4.10 | 4.26 | 4.43 | 4.59 |
| Woodie | 1.42 | 2.47 | 3.21 | 4.26 | 5.00 | 6.05 | 6.79 |
| Fibonacci | 2.52 | 3.20 | 3.63 | 4.31 | 4.99 | 5.42 | 6.10 |
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): | 48.10 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -10.57 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 3.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.38 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 4.33 | |
| Zig ZAG (10): | 3.87 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 43.17 | |
| TEMA (21): | 3.71 | |
| Williams %R (14): | -46.04 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | 4.7400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4000 | |
| Courbe Coppock: | 22.30 |
| MA7: | 3.75 | |
| MA20: | 3.92 | |
| MA50: | 3.98 | |
| MA100: | 4.74 | |
| MAexp7: | 3.77 | |
| MAexp20: | 3.86 | |
| MAexp50: | 4.15 | |
| MAexp100: | 4.78 | |
| Price / MA7: | +3.47% | |
| Price / MA20: | -1.02% | |
| Price / MA50: | -2.51% | |
| Price / MA100: | -18.14% | |
| Price / MAexp7: | +2.92% | |
| Price / MAexp20: | +0.52% | |
| Price / MAexp50: | -6.51% | |
| Price / MAexp100: | -18.83% |
Quotes :
-
Real time data
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Cryptocompare
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