INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 09/26/2022 (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 bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 5.94 USD
My targets
6.46 USD (+4.19%)
7.08 USD (+14.19%)
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 6.46 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.08 USD. If there is any crossing, the next objective would be the resistance located at 12.43 USD.
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
6.6
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This analysis was given by EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USD rating is 6.20 USD. The price registered an increase of +5.09% on the session with the lowest point at 5.76 USD and the highest point at 6.24 USD. The deviation from the price is +7.64% for the low point and -0.64% for the high point.5.76
6.24
6.20
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of INTERNET COMPUTER - ICP/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of 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 | 5.75 | 5.94 | 6.17 | 6.20 | 6.46 | 7.08 | 12.43 |
| Change (%) | -7.26% | -4.19% | -0.48% | - | +4.19% | +14.19% | +100.48% |
| Change | -0.45 | -0.26 | -0.03 | - | +0.26 | +0.88 | +6.23 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | 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 | 5.55 | 5.69 | 5.80 | 5.94 | 6.05 | 6.19 | 6.30 |
| Camarilla | 5.83 | 5.85 | 5.88 | 5.90 | 5.92 | 5.95 | 5.97 |
| Woodie | 5.53 | 5.68 | 5.78 | 5.93 | 6.03 | 6.18 | 6.28 |
| Fibonacci | 5.69 | 5.79 | 5.85 | 5.94 | 6.04 | 6.10 | 6.19 |
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): | 62.31 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 18.55 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 6.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.79 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 5.81 | |
| Zig ZAG (10): | 6.14 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 81.25 | |
| TEMA (21): | 6.06 | |
| Williams %R (14): | -25.00 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | 0.5200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 4.26 |
| MA7: | 6.04 | |
| MA20: | 6.34 | |
| MA50: | 6.69 | |
| MA100: | 6.67 | |
| MAexp7: | 6.06 | |
| MAexp20: | 6.00 | |
| MAexp50: | 6.01 | |
| MAexp100: | 6.03 | |
| Price / MA7: | +2.65% | |
| Price / MA20: | -2.21% | |
| Price / MA50: | -7.32% | |
| Price / MA100: | -7.05% | |
| Price / MAexp7: | +2.31% | |
| Price / MAexp20: | +3.33% | |
| Price / MAexp50: | +3.16% | |
| Price / MAexp100: | +2.82% |
Quotes :
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Real time data
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