INTERNET COMPUTER - ICP/USDT - Daily - Technical analysis published on 12/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
56%
17%
28%
My opinion
Bearish under 4.42 USDT
My targets
3.64 USDT (-9.23%)
My analysis
In a bearish trend, the price of INTERNET COMPUTER - ICP/USDT tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 4.42 USDT. A bearish break in the support located at 3.64 USDT would revive the bearish momentum and fuel the basic trend. PS: if there is a bullish break in the resistance located at 4.42 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.9
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT rating is 4.01 USDT. The price has increased by +1.26% since the last closing with the lowest point at 3.91 USDT and the highest point at 4.08 USDT. The deviation from the price is +2.56% for the low point and -1.72% for the high point.3.91
4.08
4.01
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this INTERNET COMPUTER - ICP/USDT chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.64 | 4.01 | 4.42 | 6.22 | 7.17 |
| Change (%) | -9.23% | - | +10.22% | +55.11% | +78.80% |
| Change | -0.37 | - | +0.41 | +2.21 | +3.16 |
| Level | 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 | 3.60 | 3.69 | 3.83 | 3.92 | 4.06 | 4.15 | 4.29 |
| Camarilla | 3.90 | 3.92 | 3.94 | 3.96 | 3.98 | 4.00 | 4.02 |
| Woodie | 3.62 | 3.70 | 3.85 | 3.93 | 4.08 | 4.16 | 4.31 |
| Fibonacci | 3.69 | 3.78 | 3.84 | 3.92 | 4.01 | 4.07 | 4.15 |
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): | 49.35 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | -9.80 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 3.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.39 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 4.33 | |
| Zig ZAG (10): | 3.88 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 52.29 | |
| TEMA (21): | 3.74 | |
| Williams %R (14): | -37.23 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | 3.6700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3900 | |
| Courbe Coppock: | 17.25 |
| MA7: | 3.77 | |
| MA20: | 3.90 | |
| MA50: | 3.96 | |
| MA100: | 4.72 | |
| MAexp7: | 3.80 | |
| MAexp20: | 3.87 | |
| MAexp50: | 4.14 | |
| MAexp100: | 4.76 | |
| Price / MA7: | +6.37% | |
| Price / MA20: | +2.82% | |
| Price / MA50: | +1.26% | |
| Price / MA100: | -15.04% | |
| Price / MAexp7: | +5.53% | |
| Price / MAexp20: | +3.62% | |
| Price / MAexp50: | -3.14% | |
| Price / MAexp100: | -15.76% |
Quotes :
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Real time data
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Cryptocompare
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