SHIBA INULong
Bullish pennant Continuation flag. 4 hour chart
After Shiba Inu's massive 60% pump, following in bitcoin's bullish footsteps... We are now forming a bullish pennant on the 4-hour chart.
The chances of another break out to the upside are relatively high.
I'm pretty bullish on this, considering the MACD is showing weak bearish momentum and near convergence.
We are also above all important moving averages. the 25, 50, and 100 day EMA. As a side note.
Our next target should be around the 0.00004 level.
Shib to the moon!
The chances of another break out to the upside are relatively high.
I'm pretty bullish on this, considering the MACD is showing weak bearish momentum and near convergence.
We are also above all important moving averages. the 25, 50, and 100 day EMA. As a side note.
Our next target should be around the 0.00004 level.
Shib to the moon!
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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.