Shiba Inu (SHIB) 400% bull flag
SHIB / TetherUS BINANCE:SHIBUSDT
On the above 5 day chart price action has corrected 75% since March. A number of reasons now exist to be long, they include:
1) Price action and RSI resistance breakouts.
2) Trend reversal, a higher higher prints with the flag breakout.
3) The Bull flag confirmation. A 2nd impulsive move print takes price action to 0.000074 area or 400%
Is it possible price action corrects further? Sure.
Is it probable? No
Ww
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