based on AD breaking out, I see a retrace to the 0.00009 level by the AD which in result, will cause SHIBUSD price to run to $0.00007... Disclosure: I have a long position
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small stop before going back up
Trade active
new target update price .00009
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both a inverse head and shoulders pattern and cup/handle pattern spotted, both are bullish. these are natural progression of a bullish cycle/momentum
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bearish cypher pattern, used to shake out weak hands. seen this on lower time frame.. the higher time frame will also have a higher bearish cypher pattern. my thoughts there will be a c leg sell off from around 0.00009
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successful retrace of the bearish cypher pattern and it held support
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