🔥 ALPHA Head & Shoulders Pattern Forming

ALPHA failed to pierce through the 1.90 resistance two hours ago. This bounce downwards is showing the emergence of a Head and Shoulders pattern, which is classically a bearish one. In case Bitcoin's bearish pressure will resume, we might see more bearish price action from ALPHA in the near future.

Happy trading!

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Short entry trade has not been hit. Trade is cancelled.