Almost all coins are 🔝 and up, bit ICP is sleeping 😴..... so don't post this things with ICP to the moon etc, he's sleeping so don't make noises please 😴🤌🏻🤫

$ICP Bearish Double Top?

$ICP is flashing a major warning sign, trading at $4.845. 🚨 A potential Double Top, a classic bearish reversal pattern, appears on the 4H chart after the price failed to break the $5.055 resistance twice. Are sellers preparing to push the price lower? 📉

🔸 Neckline Alert: The key level to watch is the neckline support around $4.80. A decisive break and close below this level would confirm the bearish pattern and could signal further downside ahead.

🔸 Indicator Confirmation: This potential reversal is supported by bearish indicators; the price is below the 50 and 200 EMAs, the RSI is below 50, and the MACD is negative. 🔥

Disclaimer: This content is for educational and informational purposes only.

Do you think the neckline at $4.80 will hold, or is a breakdown imminent?

#ICP #InternetComputer #Crypto
Big moves ahead, stay tuned.

{spot}(ICPUSDT)