SHiB - Found Support & Trading Inside Ascending TriangleSHiB continues to trade inside the ascending triangle as it found support.
The immediate task now is to push past the red resistance bar, the yellow descending resistance trend line and the 50 Period EMA.
MACD: Bullish Divergence
UPT: 4551
If SHiB gets rejected at the stated points then the, downside price target could be back at the 3210 to retest support and possibly create a double bottom bullish scenario.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader