This 1hr chart for SHIB has me howling for the moon!
It seems that we are breaking out of a symmetrical triangle or a bull flag formation. For me, the completion points of the two yellow measured moves creates the target range for the breakout.
If we move down, I will still be howling and looking for a bullish bat formation to develop. For me this will be a good reentry point.
What are your targets for SHIB?