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Pulkanatir

Bearish Pennant forming on Shiba, time to enter a short!

Corto
SHIBA INU / Tether (KUCOIN:SHIBUSDT)  
Pulkanatir  
KUCOIN:SHIBUSDT   SHIBA INU / Tether
Trend Analysis Chart Patterns Pennant Bearish Patterns shibainu shiba shibausd shibausdt Symmetrical Triangle Bearish Pennant macdivergence
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trendanalysis chartpattern pennant bearish shibainu shiba shibausd shibausdt symmetricaltriangle bearishpennant macdivergence
Hey Traders,

As you can see on the 4HR Chart of SHIBUSDT, the price action has formed a nice symmetrical triangle/ bearish pennant. I strongly believe that this will break down to the downside mainly because of the MACD. In the rare case Shiba breaks out the price target is 0.000027 (+27%). My price target however for the breakdown is 0.000017 (-18%). Anyways, this coin is shit also because I have to memorize how many zeros there are.

Safe trading,

-Pulkanator
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