INTERNET COMPUTER - ICP/USDT - 1H - Technical analysis published on 01/28/2023 (GMT)
- 264
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
17%
50%
33%
My opinion
Neutral between 5.75 USDT and 5.97 USDT
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on INTERNET COMPUTER - ICP/USDT. It is difficult to advise a trading direction under these conditions. The first resistance is located at 5.97 USDT. The first support is located at 5.75 USDT. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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.
This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INTERNET COMPUTER - ICP/USDT rating is 5.90 USDT. The price registered a decrease of -2.64% on the session and was traded between 5.87 USDT and 6.11 USDT over the period. The price is currently at +0.51% from its lowest and -3.44% from its highest.5.87
6.11
5.90
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of INTERNET COMPUTER - ICP/USDT in 1H shows an overall slightly bullish trend. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is low given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
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 presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.39 | 5.62 | 5.75 | 5.90 | 5.97 | 6.22 | 7.17 |
| Change (%) | -8.64% | -4.75% | -2.54% | - | +1.19% | +5.42% | +21.53% |
| Change | -0.51 | -0.28 | -0.15 | - | +0.07 | +0.32 | +1.27 |
| Level | Minor | Intermediate | Intermediate | - | Major | Major | 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 | 5.17 | 5.39 | 5.73 | 5.95 | 6.29 | 6.51 | 6.85 |
| Camarilla | 5.91 | 5.96 | 6.01 | 6.06 | 6.11 | 6.16 | 6.21 |
| Woodie | 5.22 | 5.42 | 5.78 | 5.98 | 6.34 | 6.54 | 6.90 |
| Fibonacci | 5.39 | 5.61 | 5.74 | 5.95 | 6.17 | 6.30 | 6.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.07 | 4.45 | 4.94 | 5.32 | 5.81 | 6.19 | 6.68 |
| Camarilla | 5.18 | 5.26 | 5.34 | 5.42 | 5.50 | 5.58 | 5.66 |
| Woodie | 4.12 | 4.48 | 4.99 | 5.35 | 5.86 | 6.22 | 6.73 |
| Fibonacci | 4.45 | 4.79 | 4.99 | 5.32 | 5.66 | 5.86 | 6.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.29 | 2.84 | 3.38 | 3.93 | 4.47 | 5.02 | 5.56 |
| Camarilla | 3.63 | 3.73 | 3.83 | 3.93 | 4.03 | 4.13 | 4.23 |
| Woodie | 2.30 | 2.84 | 3.39 | 3.93 | 4.48 | 5.02 | 5.57 |
| Fibonacci | 2.84 | 3.25 | 3.51 | 3.93 | 4.34 | 4.60 | 5.02 |
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): | 43.25 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | -4.84 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 6.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.13 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 5.89 | |
| Zig ZAG (10): | 5.89 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 6.65 | |
| TEMA (21): | 5.99 | |
| Williams %R (14): | -93.25 | |
| Chande Momentum Oscillator (20): | -0.13 | |
| Repulse (5,40,3): | -1.0100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 1.48 |
| MA7: | 5.78 | |
| MA20: | 5.19 | |
| MA50: | 4.42 | |
| MA100: | 4.42 | |
| MAexp7: | 5.97 | |
| MAexp20: | 5.97 | |
| MAexp50: | 5.91 | |
| MAexp100: | 5.82 | |
| Price / MA7: | +2.08% | |
| Price / MA20: | +13.68% | |
| Price / MA50: | +33.48% | |
| Price / MA100: | +33.48% | |
| Price / MAexp7: | -1.17% | |
| Price / MAexp20: | -1.17% | |
| Price / MAexp50: | -0.17% | |
| Price / MAexp100: | +1.37% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis INTERNET COMPUTER - ICP/USDT - 1H