SHIB ShibaInu formed an interesting setup for us. On a higher timeframe, we can see a descending channel with a triangle pattern with a probability of a breakout to the upside. The distance to the next massive supply (rejection) zone is 107% and the distance to the ATH levels of 2021 is 801%. Enjoy your Sunday fam & DYOR!
Shiba
Green= Target
Orange= Resistant
Red= St
Disclaimer
This text is just a personal opinion and should not be used as a basis for decision.
SHIB is in the weekly breakout range. If we close this week above the trendline, we will likely see a significant breakout.
SHIBUSDT Hello traders, I have identified the target of the harmonic formation on the chart. Wishing everyone success!
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
According to my Chart Viewing ability SHIB is about to Reach 1 Cent or 1 Dollar during the Bull run because of high capitalization and Gaining Volume. Hoping to See New high's in crypto market by the end of 2025
