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 (-9.45%)
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, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.9
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT rating is 4.02 USDT. The price registered an increase of +1.52% on the session 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
Here is a more detailed summary of the historical variations registered by INTERNET COMPUTER - ICP/USDT:
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 probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.64 | 4.02 | 4.42 | 6.22 | 7.17 |
| Change (%) | -9.45% | - | +9.95% | +54.73% | +78.36% |
| Change | -0.38 | - | +0.40 | +2.20 | +3.15 |
| 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): | 49.64 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | -9.80 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 3.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.39 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 4.33 | |
| Zig ZAG (10): | 3.91 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 53.02 | |
| TEMA (21): | 3.75 | |
| Williams %R (14): | -35.90 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | 4.2300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3900 | |
| Courbe Coppock: | 17.17 |
| 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: | +6.63% | |
| Price / MA20: | +3.08% | |
| Price / MA50: | +1.52% | |
| Price / MA100: | -14.83% | |
| Price / MAexp7: | +5.79% | |
| Price / MAexp20: | +3.88% | |
| Price / MAexp50: | -2.90% | |
| Price / MAexp100: | -15.55% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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