INTERNET COMPUTER - ICP/USD - 1H - Technical analysis published on 10/06/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 6.03 USD
My targets
6.16 USD (+0.65%)
6.22 USD (+1.63%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on INTERNET COMPUTER - ICP/USD. This is a positive signal for buyers. As long as the price remains above 6.03 USD, a purchase could be considered. The first bullish objective is located at 6.16 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.22 USD as an objective. Crossing it would then enable buyers to target 6.26 USD. In the event of a return below 6.03 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.1
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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 price is 6.12 USD. The price has increased by +1.49% since the last closing and was traded between 6.02 USD and 6.15 USD over the period. The price is currently at +1.66% from its lowest and -0.49% from its highest.6.02
6.15
6.12
Here is a more detailed summary of the historical variations registered by INTERNET COMPUTER - ICP/USD:
Technical
Technical analysis of this 1H chart of INTERNET COMPUTER - ICP/USD indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
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 | 5.98 | 6.03 | 6.10 | 6.12 | 6.16 | 6.19 | 6.22 |
| Change (%) | -2.29% | -1.47% | -0.33% | - | +0.65% | +1.14% | +1.63% |
| Change | -0.14 | -0.09 | -0.02 | - | +0.04 | +0.07 | +0.10 |
| Level | Minor | Intermediate | Minor | - | Minor | 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 | 5.58 | 5.74 | 5.88 | 6.04 | 6.18 | 6.34 | 6.48 |
| Camarilla | 5.95 | 5.98 | 6.00 | 6.03 | 6.06 | 6.09 | 6.11 |
| Woodie | 5.58 | 5.74 | 5.88 | 6.04 | 6.18 | 6.34 | 6.48 |
| Fibonacci | 5.74 | 5.85 | 5.92 | 6.04 | 6.15 | 6.22 | 6.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.00 | 5.38 | 5.75 | 6.13 | 6.50 | 6.88 | 7.25 |
| Camarilla | 5.91 | 5.98 | 6.05 | 6.12 | 6.19 | 6.26 | 6.33 |
| Woodie | 5.00 | 5.38 | 5.75 | 6.13 | 6.50 | 6.88 | 7.25 |
| Fibonacci | 5.38 | 5.67 | 5.84 | 6.13 | 6.42 | 6.59 | 6.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.33 | 4.43 | 5.24 | 6.34 | 7.15 | 8.25 | 9.06 |
| Camarilla | 5.54 | 5.71 | 5.89 | 6.06 | 6.24 | 6.41 | 6.59 |
| Woodie | 3.20 | 4.36 | 5.11 | 6.27 | 7.02 | 8.18 | 8.93 |
| Fibonacci | 4.43 | 5.16 | 5.61 | 6.34 | 7.07 | 7.52 | 8.25 |
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): | 60.56 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 12.55 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 6.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.98 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 5.97 | |
| Zig ZAG (10): | 6.12 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 85.69 | |
| TEMA (21): | 6.08 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.14 | |
| Repulse (5,40,3): | 0.7600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 2.85 |
| MA7: | 6.06 | |
| MA20: | 6.06 | |
| MA50: | 6.31 | |
| MA100: | 6.70 | |
| MAexp7: | 6.08 | |
| MAexp20: | 6.05 | |
| MAexp50: | 6.06 | |
| MAexp100: | 6.06 | |
| Price / MA7: | +0.99% | |
| Price / MA20: | +0.99% | |
| Price / MA50: | -3.01% | |
| Price / MA100: | -8.66% | |
| Price / MAexp7: | +0.66% | |
| Price / MAexp20: | +1.16% | |
| Price / MAexp50: | +0.99% | |
| Price / MAexp100: | +0.99% |
Quotes :
-
Real time data
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Cryptocompare
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