INTERNET COMPUTER - ICP/USDT - 1H - Technical analysis published on 09/25/2022 (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 bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 6.16 USDT
My targets
5.95 USDT (-1.65%)
5.75 USDT (-4.96%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INTERNET COMPUTER - ICP/USDT as long as the price remains well below 6.16 USDT. The sellers' bearish objective is set at 5.95 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.75 USDT. In case of crossing, the next objective would be the support located at 5.62 USDT.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT price is 6.05 USDT. The price registered an increase of +0.00% on the session and was traded between 6.00 USDT and 6.09 USDT over the period. The price is currently at +0.83% from its lowest and -0.66% from its highest.6.00
6.09
6.05
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of INTERNET COMPUTER - ICP/USDT in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bearish divergence
Type : Bearish
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
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:
Horizontal resistance is broken
Type : Bullish
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 | 5.62 | 5.75 | 5.95 | 6.05 | 6.16 | 6.29 | 6.44 |
| Change (%) | -7.11% | -4.96% | -1.65% | - | +1.82% | +3.97% | +6.45% |
| Change | -0.43 | -0.30 | -0.10 | - | +0.11 | +0.24 | +0.39 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 5.75 | 5.89 | 5.97 | 6.11 | 6.19 | 6.33 | 6.41 |
| Camarilla | 5.99 | 6.01 | 6.03 | 6.05 | 6.07 | 6.09 | 6.11 |
| Woodie | 5.72 | 5.88 | 5.94 | 6.10 | 6.16 | 6.32 | 6.38 |
| Fibonacci | 5.89 | 5.97 | 6.03 | 6.11 | 6.19 | 6.25 | 6.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.81 | 5.22 | 5.63 | 6.04 | 6.45 | 6.86 | 7.27 |
| Camarilla | 5.83 | 5.90 | 5.98 | 6.05 | 6.13 | 6.20 | 6.28 |
| Woodie | 4.82 | 5.22 | 5.64 | 6.04 | 6.46 | 6.86 | 7.28 |
| Fibonacci | 5.22 | 5.53 | 5.72 | 6.04 | 6.35 | 6.54 | 6.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.99 | 3.83 | 5.03 | 6.87 | 8.07 | 9.91 | 11.11 |
| Camarilla | 5.40 | 5.68 | 5.96 | 6.24 | 6.52 | 6.80 | 7.08 |
| Woodie | 1.68 | 3.67 | 4.72 | 6.71 | 7.76 | 9.75 | 10.80 |
| Fibonacci | 3.83 | 4.99 | 5.71 | 6.87 | 8.03 | 8.75 | 9.91 |
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): | 40.99 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -9.78 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 6.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.13 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 6.14 | |
| Zig ZAG (10): | 6.04 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 27.94 | |
| TEMA (21): | 6.03 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -0.08 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 2.48 |
| MA7: | 6.04 | |
| MA20: | 6.35 | |
| MA50: | 6.74 | |
| MA100: | 6.67 | |
| MAexp7: | 6.05 | |
| MAexp20: | 6.08 | |
| MAexp50: | 6.09 | |
| MAexp100: | 6.08 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | -4.72% | |
| Price / MA50: | -10.24% | |
| Price / MA100: | -9.30% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.49% | |
| Price / MAexp50: | -0.66% | |
| Price / MAexp100: | -0.49% |
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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