As you can see on the chart, Shiba is moving in a big bearish triangle pattern for about 10 Days!
What we expect from Shiba and what is the next move, Is dependent on the market & Bitcoin situation, I'm still bearish on BTC, You can see my last analysis on that coin.
Now for Shiba, I expect to see a little sideway movement and then a breakout from the downside of the triangle.
In this case, The next target is major support which I have drawn oh the chart. Although there is a possibility of breaking this triangle from above, but I prefer to consider a small probability for it.
What we expect from Shiba and what is the next move, Is dependent on the market & Bitcoin situation, I'm still bearish on BTC, You can see my last analysis on that coin.
Now for Shiba, I expect to see a little sideway movement and then a breakout from the downside of the triangle.
In this case, The next target is major support which I have drawn oh the chart. Although there is a possibility of breaking this triangle from above, but I prefer to consider a small probability for it.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.