ICON PROJECT - ICX/USD - 1H - Technical analysis published on 10/29/2024 (GMT)
- 96
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
50%
11%
39%
My opinion
Neutral between 0.127720 USD and 0.133420 USD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 0.127720 USD. The first resistance is located at 0.133420 USD. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by ICON PROJECT - ICX/USD.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ICON PROJECT - ICX/USD price is 0.128900 USD. The price registered a decrease of -0.23% on the session and was traded between 0.128900 USD and 0.136300 USD over the period. The price is currently at 0% from its lowest and -5.43% from its highest.0.128900
0.136300
0.128900
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ICON PROJECT - ICX/USD:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ICON PROJECT - ICX/USD chart shows a neutral trend. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 9 technical indicators out of 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.120700 | 0.123300 | 0.127720 | 0.128900 | 0.133420 | 0.139492 | 0.143800 |
| Change (%) | -6.36% | -4.34% | -0.92% | - | +3.51% | +8.22% | +11.56% |
| Change | -0.008200 | -0.005600 | -0.001180 | - | +0.004520 | +0.010592 | +0.014900 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.113767 | 0.118533 | 0.123867 | 0.128633 | 0.133967 | 0.138733 | 0.144067 |
| Camarilla | 0.126423 | 0.127348 | 0.128274 | 0.129200 | 0.130126 | 0.131052 | 0.131978 |
| Woodie | 0.114050 | 0.118675 | 0.124150 | 0.128775 | 0.134250 | 0.138875 | 0.144350 |
| Fibonacci | 0.118533 | 0.122392 | 0.124775 | 0.128633 | 0.132492 | 0.134875 | 0.138733 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.081433 | 0.100767 | 0.113733 | 0.133067 | 0.146033 | 0.165367 | 0.178333 |
| Camarilla | 0.117818 | 0.120778 | 0.123739 | 0.126700 | 0.129661 | 0.132622 | 0.135583 |
| Woodie | 0.078250 | 0.099175 | 0.110550 | 0.131475 | 0.142850 | 0.163775 | 0.175150 |
| Fibonacci | 0.100767 | 0.113105 | 0.120728 | 0.133067 | 0.145405 | 0.153028 | 0.165367 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.080167 | 0.099433 | 0.122667 | 0.141933 | 0.165167 | 0.184433 | 0.207667 |
| Camarilla | 0.134213 | 0.138108 | 0.142004 | 0.145900 | 0.149796 | 0.153692 | 0.157588 |
| Woodie | 0.082150 | 0.100425 | 0.124650 | 0.142925 | 0.167150 | 0.185425 | 0.209650 |
| Fibonacci | 0.099433 | 0.115668 | 0.125698 | 0.141933 | 0.158168 | 0.168198 | 0.184433 |
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): | 60.69 | |
| MACD (12,26,9): | 0.0017 | |
| Directional Movement: | 8.503644 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.134212 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.132054 | |
| Elder Ray (13): | 0.001481 | |
| Super Trend (3,10): | 0.124554 | |
| Zig ZAG (10): | 0.133100 | |
| VORTEX (21): | 1.1180 | |
| Stochastique (14,3,5): | 63.65 | |
| TEMA (21): | 0.134785 | |
| Williams %R (14): | -54.39 | |
| Chande Momentum Oscillator (20): | 0.000500 | |
| Repulse (5,40,3): | -4.6204 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1734 | |
| Courbe Coppock: | 5.68 |
| MA7: | 0.131471 | |
| MA20: | 0.138920 | |
| MA50: | 0.138706 | |
| MA100: | 0.137462 | |
| MAexp7: | 0.133516 | |
| MAexp20: | 0.132288 | |
| MAexp50: | 0.130494 | |
| MAexp100: | 0.130844 | |
| Price / MA7: | -1.96% | |
| Price / MA20: | -7.21% | |
| Price / MA50: | -7.07% | |
| Price / MA100: | -6.23% | |
| Price / MAexp7: | -3.46% | |
| Price / MAexp20: | -2.56% | |
| Price / MAexp50: | -1.22% | |
| Price / MAexp100: | -1.49% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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