The down trend line is broken and it is forming higher highs. The next major resistance is close but watching the overall market performance is the key.
Since 15 April 21 in which BTC started to drop, its reactions are well-defined in different trend-lines and channels and I except this correction leg ends in around 34K.
Long term parallel channel of chart is clear enough to show long strategy at the bottom of channel, but the point is that moving upward has not great chances in bearish market so any decision should be taken carefully.
After a significant growth, SHIB is in a correction with precise reactions to two trend lines . Now it is below a resistance which worth trading. In both directions it can have 30 percent profit.
