Last week, I made an analysis on SHIBA and the potential break out from the descending wedge pattern.
As seen on the chart, the top of the pattern offered some decent resistance and caused a minor reversal. However, bulls are holding strong and pushed the price through the resistance. With BTC looking more bullish, I'm seeing more bullish momentum coming to SHIBA.
Compared to the other analysis, I've added a shorter term target at 4400.
Happy trading!
As seen on the chart, the top of the pattern offered some decent resistance and caused a minor reversal. However, bulls are holding strong and pushed the price through the resistance. With BTC looking more bullish, I'm seeing more bullish momentum coming to SHIBA.
Compared to the other analysis, I've added a shorter term target at 4400.
Happy trading!
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