NoobTraderTV

SHIBA INU breakout imminent? ($SHIB)

Long
NoobTraderTV Updated   
COINBASE:SHIBUSD   Shiba Inu
Shiba Inu has been in consolidation after a massive breakout last month. The daily timeframe shows the RSI reset around 50 and the Stoch RSI looks bottomed out and reversing towards an upswing. With the Bitcoin halving only weeks away, a breakout of this pennant should be considered a massive bullish move. However, we are all bullish on Shiba. We should know within a few days.

Target #1- 1.618 fib- 0.00006819
Target #2= 2.618- 0.00010306

Comment:
Shiba is already starting to breakout of triangle. Let's see if it closes outside.

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