INTERNET COMPUTER - ICP/USDT - 1H - Technical analysis published on 12/29/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 3.97 USDT
My targets
4.29 USDT (+6.64%)
4.42 USDT (+9.95%)
My analysis
INTERNET COMPUTER - ICP/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3.97 USDT. The next resistance located at 4.29 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.42 USDT. After this resistance, buyers could then target 6.22 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT rating is 4.02 USDT. The price has increased by +1.52% since the last closing with the lowest point at 3.91 USDT and the highest point at 4.10 USDT. The deviation from the price is +2.81% for the low point and -1.95% for the high point.3.91
4.10
4.02
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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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 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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.86 | 3.92 | 3.97 | 4.02 | 4.02 | 4.42 | 6.22 |
| Change (%) | -3.98% | -2.49% | -1.24% | 0% | - | +9.95% | +54.73% |
| Change | -0.16 | -0.10 | -0.05 | 0 | - | +0.40 | +2.20 |
| Level | Minor | Minor | Minor | Intermediate | - | Minor | Intermediate |
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 | 3.60 | 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): | 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): | 0.04 | |
| Super Trend (3,10): | 3.85 | |
| Zig ZAG (10): | 3.91 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 85.55 | |
| TEMA (21): | 3.89 | |
| Williams %R (14): | -21.10 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 0.9300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.69 |
| MA7: | 3.77 | |
| MA20: | 3.90 | |
| MA50: | 3.96 | |
| MA100: | 4.72 | |
| MAexp7: | 3.89 | |
| MAexp20: | 3.87 | |
| MAexp50: | 3.83 | |
| MAexp100: | 3.79 | |
| Price / MA7: | +6.63% | |
| Price / MA20: | +3.08% | |
| Price / MA50: | +1.52% | |
| Price / MA100: | -14.83% | |
| Price / MAexp7: | +3.34% | |
| Price / MAexp20: | +3.88% | |
| Price / MAexp50: | +4.96% | |
| Price / MAexp100: | +6.07% |
Quotes :
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Real time data
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