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Weekly forecast Internet Computer technical chart
Symbol ICPUSD

Trading suggestion:

Price is below the Trend Hunter Buy Zone (4.793 to 4.525).

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (4.793)
  • Ending of entry zone (4.525)

DateSeptember 29, 2023 - 21:50
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 2.853, beginning of uptrend is expected.
  • We make sure when the resistance at 3.745 breaks.
  • If the support at 2.853 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
  • A peak is formed in daily chart at 3.745 on 08/29/2023, so more losses minimum to Major Support (2.853) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 51.

Take Profits:

  1. 5.424
  2. 5.779
  3. 6.274
  4. 6.816
  5. 7.447
  6. 8.678
  7. 9.800
  8. 15.350
  9. 20.750
  10. 24.700
  11. 37.800
  12. 57.092
  13. 86.868
  14. 125.008
Click on the level to view price action history.

Symbol Released Current Forecast
Internet Computer (ICPUSD) Sat, 1 Jun 2024
Internet Computer (ICPUSD) Sat, 25 May 2024
Internet Computer (ICPUSD) Sun, 19 May 2024
Internet Computer (ICPUSD) Sat, 11 May 2024
Internet Computer (ICPUSD) Sat, 4 May 2024