I will never understand the hype of this coin, must be too old or something. Honestly, it's probably just the crypto vanity that it provides. Regardless, SHIB is a real fun asset to trade. How can you go wrong with the amount of volatility SHIB has with these strong rally's.
We see SHIB about to break out of a bullish pennant with hidden bullish divergence. The pennant gives us a measured move to 1360, a good 30%. A tight stop can easily be placed 4 percent from here or a looser stop can be placed at 7% below current price. Either way.. great odds here for a long trade setup.
We see SHIB about to break out of a bullish pennant with hidden bullish divergence. The pennant gives us a measured move to 1360, a good 30%. A tight stop can easily be placed 4 percent from here or a looser stop can be placed at 7% below current price. Either way.. great odds here for a long trade setup.
Trade closed manually:
We did not get the full measured move here, but it was still a good run!