🔥 SHIBA Volatile Move Ahead: Triangle Analysis

Kishu Inu, A Meme Coin, Promotes Growth And Development Through Its Transparency

🔥 SHIBA Volatile Move Ahead: Triangle Analysis by FieryTrading on TradingView.com

Over the course of several months, SHIB has formed a triangle pattern . Triangle patterns are classically ending in a strong climax either way.

Seeing that both crypto and stocks are trading bearish at the moment, most likely scenario will be for SHIB to break bearish . However, in case stocks will see a strong bullish day tomorrow we can break bullish and hopefully see further upside for the rest of the week.

See blue lines for potential short-term target.

Happy trading!

Kishu Inu, A Meme Coin, Promotes Growth And Development Through Its Transparency

Fierytrading Analysis

Experienced crypto, stock and FX trader with a focus on technical and on-chain analysis. One of the top analysts on Tradingview with daily crypto signals and market overviews.

Visit my website www.fierytrading.com for private crypto signals and fully automated copy-trading.