INTERNET COMPUTER - ICP/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	ICPUSD
ISIN:

INTERNET COMPUTER - ICP/USD - Daily - Technical analysis published on 01/12/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

83%

11%

My opinion

Bullish above 4.01 USD

My targets

4.42 USD (+2.31%)

5.39 USD (+24.84%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for INTERNET COMPUTER - ICP/USD as long as the price remains well above 4.01 USD. The buyers' bullish objective is set at 4.42 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.39 USD. If there is any crossing, the next objective would be the resistance located at 6.23 USD.

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

3.9

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.

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Additional analysis

Quotes

The INTERNET COMPUTER - ICP/USD rating is 4.32 USD. The price registered a decrease of -0.23% on the session and was traded between 4.26 USD and 4.48 USD over the period. The price is currently at +1.41% from its lowest and -3.57% from its highest.

4.26

4.48

4.32

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of INTERNET COMPUTER - ICP/USD indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

	S1	Price	R1	R2	R3
ProTrendLines	3.54	4.32	4.42	6.23	7.17
Change (%)	-18.06%	-	+2.31%	+44.21%	+65.97%
Change	-0.78	-	+0.10	+1.91	+2.85
Level	Intermediate	-	Intermediate	Intermediate	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	3.91	4.02	4.17	4.28	4.43	4.54	4.69
Camarilla	4.26	4.28	4.31	4.33	4.35	4.38	4.40
Woodie	3.94	4.03	4.20	4.29	4.46	4.55	4.72
Fibonacci	4.02	4.12	4.18	4.28	4.38	4.44	4.54

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.31	3.53	3.78	4.00	4.25	4.47	4.72
Camarilla	3.89	3.93	3.98	4.02	4.06	4.11	4.15
Woodie	3.32	3.54	3.79	4.01	4.26	4.48	4.73
Fibonacci	3.53	3.71	3.82	4.00	4.18	4.29	4.47

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.90	2.63	3.28	4.01	4.66	5.39	6.04
Camarilla	3.54	3.67	3.79	3.92	4.05	4.17	4.30
Woodie	1.85	2.61	3.23	3.99	4.61	5.37	5.99
Fibonacci	2.63	3.16	3.49	4.01	4.54	4.87	5.39

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):	61.74
MACD (12,26,9):	0.0800
Directional Movement:	12.58
AROON (14):	42.86
DEMA (21):	4.14
Parabolic SAR (0,02-0,02-0,2):	3.80
Elder Ray (13):	0.26
Super Trend (3,10):	4.38
Zig ZAG (10):	4.29
VORTEX (21):	1.1600
Stochastique (14,3,5):	85.83
TEMA (21):	4.26
Williams %R (14):	-25.00
Chande Momentum Oscillator (20):	0.38
Repulse (5,40,3):	2.2700
ROCnROLL:	1
TRIX (15,9):	0.1100
Courbe Coppock:	14.09

MA7:	4.18
MA20:	4.01
MA50:	4.00
MA100:	4.40
MAexp7:	4.21
MAexp20:	4.06
MAexp50:	4.11
MAexp100:	4.52
Price / MA7:	+3.35%
Price / MA20:	+7.73%
Price / MA50:	+8.00%
Price / MA100:	-1.82%
Price / MAexp7:	+2.61%
Price / MAexp20:	+6.40%
Price / MAexp50:	+5.11%
Price / MAexp100:	-4.42%

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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Londinia AI

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