Fakeout or Breakout? The Shiba Quiver
Many of us including myself were skeptical about SHIBA ever blowing up, when it overtook doge I got ready to open a short. Now that Shiba has broken out of the downward channel it's been trapped in for a while, I must ask the question: are we looking at a change in direction or is it just a false alarm?
Skepticism in hand, there are a few news articles popping up about places accepting SHIB.
Mac D is down and RSI has room both ways.
I'm neutral on this, I'd love to know your thoughts below what you think will happen, and why.
If we bounce on the green resistance and start to look up and steady, I might jump in and take a long shot, but it's not looking likely.
This is most definitely not financial advice.
Any input or criticism is always appreciated.
Good day :)
Skepticism in hand, there are a few news articles popping up about places accepting SHIB.
Mac D is down and RSI has room both ways.
I'm neutral on this, I'd love to know your thoughts below what you think will happen, and why.
If we bounce on the green resistance and start to look up and steady, I might jump in and take a long shot, but it's not looking likely.
This is most definitely not financial advice.
Any input or criticism is always appreciated.
Good day :)
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