INTERNET COMPUTER - ICP/USDT - Daily - Technical analysis published on 12/31/2022 (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 (-12.08%)
My analysis
The basic trend is bearish on INTERNET COMPUTER - ICP/USDT and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 4.42 USDT. Buyers would then use the next resistance located at 4.96 USDT as an objective. Crossing it would then enable buyers to target 6.22 USDT. If there is a return to below the support located at 3.64 USDT, this would be a sign of a reversal in the basic bearish trend.
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
0.5
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT price is 4.14 USDT. On the day, this instrument gained +0.49% with the lowest point at 4.10 USDT and the highest point at 4.18 USDT. The deviation from the price is +0.98% for the low point and -0.96% for the high point.4.10
4.18
4.14
Here is a more detailed summary of the historical variations registered by INTERNET COMPUTER - ICP/USDT:
Technical
Technical analysis of this Daily chart of INTERNET COMPUTER - ICP/USDT indicates that the overall trend is bearish. 67.86% 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 4.14 | 4.42 | 6.22 | 7.17 |
Change (%) | -12.08% | - | +6.76% | +50.24% | +73.19% |
Change | -0.50 | - | +0.28 | +2.08 | +3.03 |
Level | Major | - | Minor | Intermediate | Minor |
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 | 3.67 | 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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
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): | 0.08 | |
Super Trend (3,10): | 4.33 | |
Zig ZAG (10): | 3.91 | |
VORTEX (21): | 0.8900 | |
Stochastique (14,3,5): | 52.94 | |
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: | +9.81% | |
Price / MA20: | +6.15% | |
Price / MA50: | +4.55% | |
Price / MA100: | -12.29% | |
Price / MAexp7: | +8.95% | |
Price / MAexp20: | +6.98% | |
Price / MAexp50: | -0% | |
Price / MAexp100: | -13.03% |
Quotes :
-
Real time data
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Cryptocompare
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