SHIB/USD - The Calm before the Storm! 🤩

SHIB is due to pump soon. This compression of the price is bullish and the longer we stay with such low volatility the higher the change SHIB will explode at some point.

For the now bias is bullish and I'd expect a nice pump higher. However, we need to break above $0.000055 to get confirmation on that.

The fact that price escaped from the descending triangle in blue is bullish and that gives credence to a possible uptrend in the future.

Bitcoin is also looking sexy today, so the market may be getting ready for another rally later this month.

Get ready!

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Chart PatternsTechnical IndicatorsshibashibabtcshibainushibusdSHIBUSDTTrend Analysis

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