Over the last few weeks, SHIBA has drawn a huge pennant pattern on the chart. During yesterday's drop, SHIBA broke bearish but saw a very strong reversal from the support area on the chart.
This fake out and subsequent reversal can indicate a near term change in direction. If BTC manages to hold the 65k area, I'm foreseeing a strong SHIBA move in the near future. 6500 and 7500 being the main targets for the coming week or so.
Happy trading!
This fake out and subsequent reversal can indicate a near term change in direction. If BTC manages to hold the 65k area, I'm foreseeing a strong SHIBA move in the near future. 6500 and 7500 being the main targets for the coming week or so.
Happy trading!
🎯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: www.fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: www.fierytrading.com
