Some time ago I made an analysis on SHIBA where I argued that SHIBA was close to a strong bullish move towards the upper limit of the horizontal channel.
The current analysis is made with a shorter time-frame in mind. As of late, SHIBA is drawing a bullish triangle. With the price currently closing in on the yellow break-out area, there's a chance that SHIBA will see a strong upward move towards the green area of resistance.
As soon as SHIBA breaks out of the yellow area, I'm expecting a continued move towards the green area of resistance.
Happy trading!
The current analysis is made with a shorter time-frame in mind. As of late, SHIBA is drawing a bullish triangle. With the price currently closing in on the yellow break-out area, there's a chance that SHIBA will see a strong upward move towards the green area of resistance.
As soon as SHIBA breaks out of the yellow area, I'm expecting a continued move towards the green area of resistance.
Happy trading!
Note
Update:
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.