A Reverse Head and Shoulders

Hi traders,

ALICEUSDT may follow a reverse Head and Shoulders formation. I've drawn all key points. In my opinion, the price may follow the orange path. Of course, it is totally dependent to the market.

The orange circle seems to created in order to hunt stops around that area, which is a good indicator for me to distinguish bullish price pattern.

Stay safe.
ALICEUSDaliceusdtaliceusdtlongALICEUSDTPERPSupport and ResistanceTrend AnalysisTrend Lines

Penafian