SHIB: Is another pump coming?
Technically, SHIB is very interesting
On Daily and H4 price is moving above the 200 EMA => Uptrend
There's a good momentum upward before consolidating and forming a bullish rectangle pattern (ABCDE corrective wave on wave analysis)
If price breaks above the pattern resistance, it is possible that the price will go up forming another bullish wave
What do you guys think?
On Daily and H4 price is moving above the 200 EMA => Uptrend
There's a good momentum upward before consolidating and forming a bullish rectangle pattern (ABCDE corrective wave on wave analysis)
If price breaks above the pattern resistance, it is possible that the price will go up forming another bullish wave
What do you guys think?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.