INTERNET COMPUTER - ICP/USDT - 1H - Technical analysis published on 12/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 3.94 USDT
My targets
4.29 USDT (+7.18%)
4.42 USDT (+10.50%)
My analysis
The bullish trend is currently very strong on INTERNET COMPUTER - ICP/USDT. As long as the price remains above the support at 3.94 USDT, you could try to benefit from the boom. The first bullish objective is located at 4.29 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.42 USDT as an objective. Crossing it would then enable buyers to target 6.22 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.9
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT price is 4.00 USDT. The price has increased by +4.17% since the last closing and was traded between 3.79 USDT and 4.02 USDT over the period. The price is currently at +5.54% from its lowest and -0.50% from its highest.3.79
4.02
4.00
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of INTERNET COMPUTER - ICP/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
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 | 3.83 | 3.88 | 3.94 | 4.00 | 4.42 | 6.22 | 7.17 |
| Change (%) | -4.25% | -3.00% | -1.50% | - | +10.50% | +55.50% | +79.25% |
| Change | -0.17 | -0.12 | -0.06 | - | +0.42 | +2.22 | +3.17 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.60 | 3.69 | 3.76 | 3.85 | 3.92 | 4.01 | 4.08 |
| Camarilla | 3.80 | 3.81 | 3.83 | 3.84 | 3.86 | 3.87 | 3.88 |
| Woodie | 3.60 | 3.69 | 3.76 | 3.85 | 3.92 | 4.01 | 4.08 |
| Fibonacci | 3.69 | 3.75 | 3.79 | 3.85 | 3.91 | 3.95 | 4.01 |
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 | 2.75 | 3.13 | 3.62 | 4.00 | 4.49 | 4.87 | 5.36 |
| Camarilla | 3.86 | 3.94 | 4.02 | 4.10 | 4.18 | 4.26 | 4.34 |
| Woodie | 2.80 | 3.16 | 3.67 | 4.03 | 4.54 | 4.90 | 5.41 |
| Fibonacci | 3.13 | 3.47 | 3.67 | 4.00 | 4.34 | 4.54 | 4.87 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 66.57 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 21.32 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 3.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.84 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 3.84 | |
| Zig ZAG (10): | 3.88 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 80.04 | |
| TEMA (21): | 3.89 | |
| Williams %R (14): | -31.19 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| 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: | +6.10% | |
| Price / MA20: | +2.56% | |
| Price / MA50: | +1.01% | |
| Price / MA100: | -15.25% | |
| Price / MAexp7: | +2.83% | |
| Price / MAexp20: | +3.36% | |
| Price / MAexp50: | +4.17% | |
| Price / MAexp100: | +5.54% |
Quotes :
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Real time data
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