Broken on the upside, potential bullish movement ahead
Looks like Shiba is attempting a break out of the descending channel. Still hoping to have some buying opportunity before this rocket takes off, but with the MACD about to cross into bullish territory from a 26 day bear run, things could make a turn pretty quick. If it breaks resistance of around 4800 we could see some real action. DYOR and remember to take profit!
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.