The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend.
looking to hit the ATH soon
We are still in a bullish pattern from the run started mid october, the consolidation we have been seeing the last couple of days should breakout anytime soon, be vigilant and watch trade volumes for the upcoming days.
Please be cautious about FOMO'ing into SHIB just yet, it will drop further to about .000038, I am setting my positions for .000040 to buy back in. Please do your due diligience and set your own tolerance levels.
