First of all I just want to say that I really want the price of SHIB to shoot to the moon, however that might not be the case in this pattern it all depends on BTC as well. If SHIB doesn’t come out with some good news the price of SHIB might go lower from here everyone was waiting for the Robinhood listing and once it was listed the price drastically shot up is...
I think BTC can bounce from here only 1 reason, on the 1 day chart the RSI is going up while the price is making LL. But there are a lot of smarter traders out there that are saying the price will go down so don’t take my word for it
BTC seems like it’s ready to pump, the RSI on the weekly is touching 30. What do you think?