SHIB is forming a nice left-hand portion of a cup formation. Volume is drying up, great support today while cryptos were lower. 150%+ profits if cup formation continues with a strong possibility of a pop when / if a breakout follows if right side of cup forms.
Trade closed: stop reached
taken out by the market today after my limit ordered activated. I will continue to watch SHIB, believing it's correcting with the market and not due to its own weakness.
Trade active
back in this position after follow-through day Feb 7, 2022.
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