INTERNET COMPUTER - ICP/USDT - 1H - Technical analysis published on 12/31/2022 (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 4.10 USDT
My targets
4.29 USDT (+3.30%)
4.42 USDT (+6.51%)
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 4.10 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.
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 4.15 USDT. On the day, this instrument gained +0.73% and was traded between 4.10 USDT and 4.18 USDT over the period. The price is currently at +1.22% from its lowest and -0.72% from its highest.4.10
4.18
4.15
Here is a more detailed summary of the historical variations registered by INTERNET COMPUTER - ICP/USDT:
Technical
Technical analysis of INTERNET COMPUTER - ICP/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.97 | 4.02 | 4.10 | 4.15 | 4.42 | 6.22 | 7.17 |
| Change (%) | -4.34% | -3.13% | -1.20% | - | +6.51% | +49.88% | +72.77% |
| Change | -0.18 | -0.13 | -0.05 | - | +0.27 | +2.07 | +3.02 |
| Level | Intermediate | 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 | 3.67 | 3.79 | 3.95 | 4.07 | 4.23 | 4.35 | 4.51 |
| Camarilla | 4.04 | 4.07 | 4.09 | 4.12 | 4.15 | 4.17 | 4.20 |
| Woodie | 3.70 | 3.80 | 3.98 | 4.08 | 4.26 | 4.36 | 4.54 |
| Fibonacci | 3.79 | 3.89 | 3.96 | 4.07 | 4.17 | 4.24 | 4.35 |
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 | 3.07 | 3.29 | 3.70 | 3.92 | 4.33 | 4.55 | 4.96 |
| Camarilla | 3.93 | 3.99 | 4.04 | 4.10 | 4.16 | 4.22 | 4.27 |
| Woodie | 3.16 | 3.34 | 3.79 | 3.97 | 4.42 | 4.60 | 5.05 |
| Fibonacci | 3.29 | 3.53 | 3.68 | 3.92 | 4.16 | 4.31 | 4.55 |
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): | 70.33 | |
| 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): | 3.84 | |
| Zig ZAG (10): | 3.91 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 84.94 | |
| 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: | 3.84 | |
| MAexp100: | 3.79 | |
| Price / MA7: | +10.08% | |
| Price / MA20: | +6.41% | |
| Price / MA50: | +4.80% | |
| Price / MA100: | -12.08% | |
| Price / MAexp7: | +6.68% | |
| Price / MAexp20: | +7.24% | |
| Price / MAexp50: | +8.07% | |
| Price / MAexp100: | +9.50% |
Quotes :
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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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