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Weekly forecast Internet Computer technical chart
Symbol ICPUSD

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (3.340 to 3.205). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

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

  • Beginning of entry zone (3.340)
  • Ending of entry zone (3.205)

DateNovember 25, 2023 - 20:41
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 4.866 breaks.
  • If the support at 2.853 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 4.015 on 11/18/2023, so more gains maximum to Major Resistance (4.866) 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 61.

Take Profits:

  1. 3.745
  2. 4.012
  3. 4.525
  4. 4.866
  5. 5.424
  6. 5.779
  7. 6.274
  8. 6.816
  9. 7.447
  10. 8.678
  11. 9.800
  12. 15.350
  13. 20.750
  14. 24.700
  15. 37.800
  16. 57.092
  17. 86.868
  18. 125.008
Click on the level to view price action history.

Symbol Released Current Forecast
Internet Computer (ICPUSD) new Tue, 20 Feb 2024
Internet Computer (ICPUSD) Sun, 11 Feb 2024
Internet Computer (ICPUSD) Sun, 4 Feb 2024
Internet Computer (ICPUSD) Sun, 28 Jan 2024
Internet Computer (ICPUSD) Sun, 21 Jan 2024