SHIB is about to explode soon!
Shiba Inu/Tether OKX:SHIBUSDT
On the chart we have a big triangle which is a continuing triangle and the wave before this triangle was also bullish.
From where we placed the red arrow on the chart, this triangle has started to form.
Wave D now appears to be ending. Wave D is diametric.
On the green range, wave E can end and then a bullish wave begins.
The target of the move after the triangle can be the break of the ATH
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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