SHIB

I created this Accumulaion drop using a Cup and handle pattern. I placed a resistance trend line for the breakout range to watch to retest. I see how often it retests these points to see the strength of either the breakout or the drop if the base is touched more. This trend line in yellow will give you a clear view of the Lower Highs. count the reversals from double tops triple tops so you know how hard your reversal drops can be. When we break out this cup formation we should start to run up from that point. this would require some time in accumulation. Just follow the chart see how this pattern plays out of accumulation and into the expansion phase. I still feel the run up will have a lower high from the initial drop. but will be a good momentum start if we are to have a good run up to the end of year. There is also a Shib v2 thats in the works so keeping alerts on this