INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 09/25/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 6.17 USD
My targets
5.94 USD (-1.00%)
5.75 USD (-4.17%)
My analysis
In the short term, we can see an acceleration in the bearish trend on INTERNET COMPUTER - ICP/USD, which is a positive signal for sellers. As long as the price remains above 6.17 USD, a sale could be considered. The first bearish objective is located at 5.94 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 5.75 USD as an objective. Crossing it would then enable sellers to target 5.52 USD. If the price were to return above 6.17 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.3
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Additional analysis
Quotes
INTERNET COMPUTER - ICP/USD rating 6.00 USD. The price registered a decrease of -0.99% on the session and was traded between 5.97 USD and 6.09 USD over the period. The price is currently at +0.50% from its lowest and -1.48% from its highest.5.97
6.09
6.00
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of INTERNET COMPUTER - ICP/USD in 1H shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced 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.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.52 | 5.75 | 5.94 | 6.00 | 6.17 | 6.46 | 7.08 |
| Change (%) | -8.00% | -4.17% | -1.00% | - | +2.83% | +7.67% | +18.00% |
| Change | -0.48 | -0.25 | -0.06 | - | +0.17 | +0.46 | +1.08 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 5.74 | 5.89 | 5.97 | 6.12 | 6.20 | 6.35 | 6.43 |
| Camarilla | 6.00 | 6.02 | 6.04 | 6.06 | 6.08 | 6.10 | 6.12 |
| Woodie | 5.72 | 5.87 | 5.95 | 6.10 | 6.18 | 6.33 | 6.41 |
| Fibonacci | 5.89 | 5.98 | 6.03 | 6.12 | 6.21 | 6.26 | 6.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.63 | 5.07 | 5.57 | 6.01 | 6.51 | 6.95 | 7.45 |
| Camarilla | 5.80 | 5.89 | 5.97 | 6.06 | 6.15 | 6.23 | 6.32 |
| Woodie | 4.65 | 5.09 | 5.59 | 6.03 | 6.53 | 6.97 | 7.47 |
| Fibonacci | 5.07 | 5.43 | 5.65 | 6.01 | 6.37 | 6.59 | 6.95 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.67 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -13.14 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 6.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.08 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 6.15 | |
| Zig ZAG (10): | 6.05 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 52.08 | |
| TEMA (21): | 6.03 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | 0.3400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 2.07 |
| MA7: | 6.04 | |
| MA20: | 6.35 | |
| MA50: | 6.74 | |
| MA100: | 6.66 | |
| MAexp7: | 6.05 | |
| MAexp20: | 6.08 | |
| MAexp50: | 6.10 | |
| MAexp100: | 6.08 | |
| Price / MA7: | -0.66% | |
| Price / MA20: | -5.51% | |
| Price / MA50: | -10.98% | |
| Price / MA100: | -9.91% | |
| Price / MAexp7: | -0.83% | |
| Price / MAexp20: | -1.32% | |
| Price / MAexp50: | -1.64% | |
| Price / MAexp100: | -1.32% |
Quotes :
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Real time data
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