INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 09/23/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 5.94 USD
My targets
6.21 USD (+0.65%)
6.28 USD (+1.78%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INTERNET COMPUTER - ICP/USD as long as the price remains well above 5.94 USD. The buyers' bullish objective is set at 6.21 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.28 USD. If there is any crossing, the next objective would be the resistance located at 6.39 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USD price is 6.17 USD. On the day, this instrument gained +1.48% and was between 6.05 USD and 6.19 USD. This implies that the price is at +1.98% from its lowest and at -0.32% from its highest.6.05
6.19
6.17
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of INTERNET COMPUTER - ICP/USD in 1H shows a strongly overall bullish trend. 89.29% 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently positioned bullish. 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.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.75 | 5.94 | 6.14 | 6.17 | 6.21 | 6.28 | 6.39 |
| Change (%) | -6.81% | -3.73% | -0.49% | - | +0.65% | +1.78% | +3.57% |
| Change | -0.42 | -0.23 | -0.03 | - | +0.04 | +0.11 | +0.22 |
| Level | Major | Minor | Major | - | Minor | Minor | 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 | 5.67 | 5.77 | 5.93 | 6.03 | 6.19 | 6.29 | 6.45 |
| Camarilla | 6.01 | 6.03 | 6.06 | 6.08 | 6.10 | 6.13 | 6.15 |
| Woodie | 5.69 | 5.79 | 5.95 | 6.05 | 6.21 | 6.31 | 6.47 |
| Fibonacci | 5.77 | 5.87 | 5.93 | 6.03 | 6.13 | 6.19 | 6.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.19 | 5.07 | 5.68 | 6.56 | 7.17 | 8.05 | 8.66 |
| Camarilla | 5.89 | 6.03 | 6.16 | 6.30 | 6.44 | 6.57 | 6.71 |
| Woodie | 4.07 | 5.00 | 5.56 | 6.49 | 7.05 | 7.98 | 8.54 |
| Fibonacci | 5.07 | 5.64 | 5.99 | 6.56 | 7.13 | 7.48 | 8.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.94 | 3.80 | 5.01 | 6.87 | 8.08 | 9.94 | 11.15 |
| Camarilla | 5.39 | 5.67 | 5.95 | 6.23 | 6.51 | 6.79 | 7.07 |
| Woodie | 1.63 | 3.64 | 4.70 | 6.71 | 7.77 | 9.78 | 10.84 |
| Fibonacci | 3.80 | 4.97 | 5.69 | 6.87 | 8.04 | 8.76 | 9.94 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.30 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 5.06 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 6.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.94 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 5.89 | |
| Zig ZAG (10): | 6.08 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 73.75 | |
| TEMA (21): | 6.08 | |
| Williams %R (14): | -16.67 | |
| Chande Momentum Oscillator (20): | 0.13 | |
| Repulse (5,40,3): | 0.3200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.21 |
| MA7: | 6.03 | |
| MA20: | 6.41 | |
| MA50: | 6.83 | |
| MA100: | 6.65 | |
| MAexp7: | 6.06 | |
| MAexp20: | 6.04 | |
| MAexp50: | 6.01 | |
| MAexp100: | 6.02 | |
| Price / MA7: | +2.32% | |
| Price / MA20: | -3.74% | |
| Price / MA50: | -9.66% | |
| Price / MA100: | -7.22% | |
| Price / MAexp7: | +1.82% | |
| Price / MAexp20: | +2.15% | |
| Price / MAexp50: | +2.66% | |
| Price / MAexp100: | +2.49% |
Quotes :
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Real time data
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