SHIBA has been trading inside a horizontal channel for a couple of weeks now. The channel ranges from ~1200 to ~1000.
Seeing that BTC's reaction to the recent CPI numbers is rather bullish, I'd wager that SHIB is going to take another shot at the top of the channel, the blue line.
Seeing that BTC's reaction to the recent CPI numbers is rather bullish, I'd wager that SHIB is going to take another shot at the top of the channel, the blue line.
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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.