SHIBUSDT | A Bullish Flag Pattern
Updated
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After successfully breaking out of its bearish trendline some time ago, SHIBA INU (SHIBUSDT) seems to be correcting by forming a bullish flag pattern.
The continuation of the strengthening of SHIBA INU could occur if the confirmation of this pattern occurs, namely with a break of the upper trend line at the range of 0.03142x.
The target for the strengthening of this pattern is the area of 0.04035x - 0.04109x.
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This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
After successfully breaking out of its bearish trendline some time ago, SHIBA INU (SHIBUSDT) seems to be correcting by forming a bullish flag pattern.
The continuation of the strengthening of SHIBA INU could occur if the confirmation of this pattern occurs, namely with a break of the upper trend line at the range of 0.03142x.
The target for the strengthening of this pattern is the area of 0.04035x - 0.04109x.
Follow me for next update
___________
Best regards, riandwip686
Note
Observing the development of the movement of SHIBUSDT, the price has broken the upper trend line thereby confirming the bullish flag pattern.Next, there is a change from the target of price strengthening to the area of 0.0319xx 0.04xxxx, considering the price action that took place.
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