INTERNET COMPUTER - ICP/USDT - Daily - Technical analysis published on 11/27/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
33%
17%
My opinion
Bearish under 4.65 USDT
My targets
3.66 USDT (-6.63%)
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 4.65 USDT. The sellers' bearish objective is set at 3.66 USDT. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT price is 3.92 USDT. On the day, this instrument gained +0.77% with the lowest point at 3.89 USDT and the highest point at 3.92 USDT. The deviation from the price is +0.77% for the low point and 0% for the high point.3.89
3.92
3.92
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
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. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 3 are neutral and 6 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
Bullish harami cross
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 3.66 | 3.92 | 5.14 | 6.23 | 7.18 |
Change (%) | -6.63% | - | +31.12% | +58.93% | +83.16% |
Change | -0.26 | - | +1.22 | +2.31 | +3.26 |
Level | Intermediate | - | 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 | 3.66 | 3.76 | 3.83 | 3.93 | 4.00 | 4.10 | 4.17 |
Camarilla | 3.84 | 3.86 | 3.87 | 3.89 | 3.91 | 3.92 | 3.94 |
Woodie | 3.64 | 3.75 | 3.81 | 3.92 | 3.98 | 4.09 | 4.15 |
Fibonacci | 3.76 | 3.83 | 3.87 | 3.93 | 4.00 | 4.04 | 4.10 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.05 | 3.28 | 3.59 | 3.82 | 4.13 | 4.36 | 4.67 |
Camarilla | 3.74 | 3.79 | 3.84 | 3.89 | 3.94 | 3.99 | 4.04 |
Woodie | 3.08 | 3.30 | 3.62 | 3.84 | 4.16 | 4.38 | 4.70 |
Fibonacci | 3.28 | 3.49 | 3.62 | 3.82 | 4.03 | 4.16 | 4.36 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.39 | 4.02 | 4.65 | 5.28 | 5.91 | 6.54 | 7.17 |
Camarilla | 4.94 | 5.06 | 5.18 | 5.29 | 5.41 | 5.52 | 5.64 |
Woodie | 3.40 | 4.02 | 4.66 | 5.28 | 5.92 | 6.54 | 7.18 |
Fibonacci | 4.02 | 4.50 | 4.80 | 5.28 | 5.76 | 6.06 | 6.54 |
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): | 41.86 | |
MACD (12,26,9): | -0.2600 | |
Directional Movement: | -8.54 | |
AROON (14): | -57.14 | |
DEMA (21): | 3.67 | |
Parabolic SAR (0,02-0,02-0,2): | 4.47 | |
Elder Ray (13): | -0.04 | |
Super Trend (3,10): | 4.63 | |
Zig ZAG (10): | 3.89 | |
VORTEX (21): | 0.8300 | |
Stochastique (14,3,5): | 66.90 | |
TEMA (21): | 3.69 | |
Williams %R (14): | -33.86 | |
Chande Momentum Oscillator (20): | -0.08 | |
Repulse (5,40,3): | 0.5600 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -1.0300 | |
Courbe Coppock: | 10.46 |
MA7: | 3.83 | |
MA20: | 3.96 | |
MA50: | 4.68 | |
MA100: | 5.48 | |
MAexp7: | 3.87 | |
MAexp20: | 4.05 | |
MAexp50: | 4.62 | |
MAexp100: | 5.50 | |
Price / MA7: | +2.35% | |
Price / MA20: | -1.01% | |
Price / MA50: | -16.24% | |
Price / MA100: | -28.47% | |
Price / MAexp7: | +1.29% | |
Price / MAexp20: | -3.21% | |
Price / MAexp50: | -15.15% | |
Price / MAexp100: | -28.73% |
Quotes :
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Real time data
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