Like most cryptos, SHIB has seen a lot of bearish pressure over the last couple of weeks. As of this weekend, SHIB saw a relief rally which led to around +60% gains in under two days. However, this was just a relief rally, with more bearish price action coming.
Bear-flags are classically bearish continuation patterns, so we're likely going to see more downwards pressure.
In blue are my targets, placed at recent lows.
Bear-flags are classically bearish continuation patterns, so we're likely going to see more downwards pressure.
In blue are my targets, placed at recent lows.
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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.