INTERNET COMPUTER - ICP/USDT - 1H - Technical analysis published on 12/27/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 3.74 USDT
My targets
3.92 USDT (+2.08%)
4.29 USDT (+11.64%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on INTERNET COMPUTER - ICP/USDT. As long as you are above the support located at 3.74 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 3.92 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 4.29 USDT as an objective. Crossing it would then enable buyers to target 4.42 USDT. If the support 3.74 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.1
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Additional analysis
Quotes
INTERNET COMPUTER - ICP/USDT rating 3.84 USDT. On the day, this instrument lost -0.52% with the lowest point at 3.83 USDT and the highest point at 3.93 USDT. The deviation from the price is +0.26% for the low point and -2.29% for the high point.3.83
3.93
3.84
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this INTERNET COMPUTER - ICP/USDT chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral 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.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently 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 this signal:
Resistance of channel is broken
Type : Bullish
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 | 3.38 | 3.63 | 3.74 | 3.84 | 3.85 | 3.92 | 4.42 |
| Change (%) | -11.98% | -5.47% | -2.60% | - | +0.26% | +2.08% | +15.10% |
| Change | -0.46 | -0.21 | -0.10 | - | +0.01 | +0.08 | +0.58 |
| Level | Minor | Major | Major | - | Minor | Intermediate | 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 | 3.63 | 3.70 | 3.78 | 3.85 | 3.93 | 4.00 | 4.08 |
| Camarilla | 3.82 | 3.83 | 3.85 | 3.86 | 3.87 | 3.89 | 3.90 |
| Woodie | 3.64 | 3.70 | 3.79 | 3.85 | 3.94 | 4.00 | 4.09 |
| Fibonacci | 3.70 | 3.76 | 3.79 | 3.85 | 3.91 | 3.94 | 4.00 |
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 | 1.60 | 2.56 | 3.33 | 4.29 | 5.06 | 6.02 | 6.79 |
| Camarilla | 3.62 | 3.78 | 3.94 | 4.10 | 4.26 | 4.42 | 4.58 |
| Woodie | 1.51 | 2.51 | 3.24 | 4.24 | 4.97 | 5.97 | 6.70 |
| Fibonacci | 2.56 | 3.22 | 3.63 | 4.29 | 4.95 | 5.36 | 6.02 |
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): | 70.86 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 23.44 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 3.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.84 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 3.85 | |
| Zig ZAG (10): | 3.91 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 80.04 | |
| TEMA (21): | 3.89 | |
| Williams %R (14): | -21.10 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 0.8100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.61 |
| MA7: | 3.77 | |
| MA20: | 3.90 | |
| MA50: | 3.96 | |
| MA100: | 4.72 | |
| MAexp7: | 3.89 | |
| MAexp20: | 3.87 | |
| MAexp50: | 3.84 | |
| MAexp100: | 3.79 | |
| Price / MA7: | +1.86% | |
| Price / MA20: | -1.54% | |
| Price / MA50: | -3.03% | |
| Price / MA100: | -18.64% | |
| Price / MAexp7: | -1.29% | |
| Price / MAexp20: | -0.78% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +1.32% |
Quotes :
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Real time data
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