INTERNET COMPUTER - ICP/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	ICPUSD
ISIN:

INTERNET COMPUTER - ICP/USD - Daily - Technical analysis published on 09/26/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

33%

My opinion

Bearish under 6.87 USD

My targets

5.57 USD (-9.18%)

5.01 USD (-18.22%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INTERNET COMPUTER - ICP/USD as long as the price remains well below 6.87 USD. The sellers' bearish objective is set at 5.57 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.01 USD. In case of crossing, the next objective would be the support located at 3.80 USD.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.6

Comment on the analysis

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 EpicHaxer. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

INTERNET COMPUTER - ICP/USD rating 6.13 USD. The price registered an increase of +3.90% 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 +6.42% for the low point and -1.76% for the high point.

5.76

6.24

6.13

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of INTERNET COMPUTER - ICP/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 6 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

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

Price

	Price	R1	R2	R3
ProTrendLines	6.13	7.08	12.43	16.06
Change (%)	-	+15.50%	+102.77%	+161.99%
Change	-	+0.95	+6.30	+9.93
Level	-	Intermediate	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	46.56
MACD (12,26,9):	-0.1800
Directional Movement:	-5.53
AROON (14):	-42.86
DEMA (21):	6.00
Parabolic SAR (0,02-0,02-0,2):	6.38
Elder Ray (13):	-0.15
Super Trend (3,10):	7.21
Zig ZAG (10):	6.14
VORTEX (21):	0.9300
Stochastique (14,3,5):	29.06
TEMA (21):	5.97
Williams %R (14):	-63.19
Chande Momentum Oscillator (20):	-0.21
Repulse (5,40,3):	1.7900
ROCnROLL:	2
TRIX (15,9):	-0.4000
Courbe Coppock:	19.95

MA7:	6.04
MA20:	6.34
MA50:	6.69
MA100:	6.67
MAexp7:	6.08
MAexp20:	6.24
MAexp50:	6.56
MAexp100:	7.37
Price / MA7:	+1.49%
Price / MA20:	-3.31%
Price / MA50:	-8.37%
Price / MA100:	-8.10%
Price / MAexp7:	+0.82%
Price / MAexp20:	-1.76%
Price / MAexp50:	-6.55%
Price / MAexp100:	-16.82%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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