INTERNET COMPUTER - ICP/USDT - Daily - Technical analysis published on 02/15/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 21.76 USDT
My targets
17.89 USDT (-15.57%)
15.75 USDT (-25.67%)
My analysis
With a strongly bearish trend, the price of INTERNET COMPUTER - ICP/USDT is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 21.76 USDT remains possible. It would be possible for traders to only trade short positions (for sale) on INTERNET COMPUTER - ICP/USDT as long as the price remains well below 21.76 USDT. The next bearish objective for sellers is set at 17.89 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15.75 USDT. In case of crossing, the next objective would be the support located at 12.72 USDT.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.8
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT rating is 21.19 USDT. On the day, this instrument gained +2.22% with the lowest point at 20.57 USDT and the highest point at 21.24 USDT. The deviation from the price is +3.01% for the low point and -0.24% for the high point.20.57
21.24
21.19
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
Here is a more detailed summary of the historical variations registered by INTERNET COMPUTER - ICP/USDT:
Technical
A technical analysis in Daily of this INTERNET COMPUTER - ICP/USDT chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 21.19 | 21.76 | 40.80 | 54.68 |
| Change (%) | - | +2.69% | +92.54% | +158.05% |
| Change | - | +0.57 | +19.61 | +33.49 |
| Level | - | Minor | Minor | Intermediate |
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 | 17.41 | 18.29 | 19.51 | 20.39 | 21.61 | 22.49 | 23.71 |
| Camarilla | 20.15 | 20.35 | 20.54 | 20.73 | 20.92 | 21.12 | 21.31 |
| Woodie | 17.58 | 18.38 | 19.68 | 20.48 | 21.78 | 22.58 | 23.88 |
| Fibonacci | 18.29 | 19.09 | 19.59 | 20.39 | 21.19 | 21.69 | 22.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.38 | 15.75 | 17.89 | 21.26 | 23.40 | 26.77 | 28.91 |
| Camarilla | 18.52 | 19.02 | 19.53 | 20.03 | 20.54 | 21.04 | 21.55 |
| Woodie | 11.77 | 15.44 | 17.28 | 20.95 | 22.79 | 26.46 | 28.30 |
| Fibonacci | 15.75 | 17.86 | 19.16 | 21.26 | 23.37 | 24.67 | 26.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -6.91 | 5.64 | 12.72 | 25.27 | 32.35 | 44.90 | 51.98 |
| Camarilla | 14.41 | 16.21 | 18.01 | 19.81 | 21.61 | 23.41 | 25.21 |
| Woodie | -9.64 | 4.27 | 10.00 | 23.90 | 29.63 | 43.53 | 49.26 |
| Fibonacci | 5.64 | 13.14 | 17.77 | 25.27 | 32.77 | 37.40 | 44.90 |
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): | 44.39 | |
| MACD (12,26,9): | -1.1300 | |
| Directional Movement: | -7.72 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 20.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.90 | |
| Elder Ray (13): | -0.40 | |
| Super Trend (3,10): | 25.83 | |
| Zig ZAG (10): | 21.18 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 28.56 | |
| TEMA (21): | 20.49 | |
| Williams %R (14): | -63.16 | |
| Chande Momentum Oscillator (20): | 0.39 | |
| Repulse (5,40,3): | 2.4600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8200 | |
| Courbe Coppock: | 7.21 |
| MA7: | 20.87 | |
| MA20: | 21.13 | |
| MA50: | 25.31 | |
| MA100: | 30.45 | |
| MAexp7: | 20.95 | |
| MAexp20: | 21.83 | |
| MAexp50: | 24.78 | |
| MAexp100: | 30.48 | |
| Price / MA7: | +1.53% | |
| Price / MA20: | +0.28% | |
| Price / MA50: | -16.28% | |
| Price / MA100: | -30.41% | |
| Price / MAexp7: | +1.15% | |
| Price / MAexp20: | -2.93% | |
| Price / MAexp50: | -14.49% | |
| Price / MAexp100: | -30.48% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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