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FieryTrading
Nov 30, 2021 10:58 AM

πŸ”₯ SHIBA Successful Break Out Call: New TargetsΒ Long

SHIB / TetherUSBinance

Description

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Three days ago I made an analysis on SHIBA. I wrote that SHIBA was trading in a bullish wedge pattern and that a break out was to be expected.



And only three days later we made up to 40% gains. Congratulations if you took the trade early.

As of now, both targets have been reached. I'm expecting some minor consolidation between 4800 and 5200, so don't expect another parabolic move yet. However, after cooling off a little, I'm expecting that SHIB will continue to go up, targets at 5750 and 6500.

Keep an eye on this one. Happy trading!
Comments
capitalwarez
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Laughing at all the SHIB haters right about now.
Great job, dude!
gazcarter
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@capitalwarez, ha ha you laughed too soon. It’s back where it belongs lol
capitalwarez
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@gazcarter, Lol. Guess you're either too stupid or blind to see what's happening in the whole market right now, not just SHIB. Also... It's also bouncing from its previous resistance... That's called a retest... Guess you wouldn't know since you're too busy hating like a cheerleader. Don't forget to buy high sell low!
Lingrid
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I am with you!
good level for long!
CobraVanguard
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Loving it πŸ‘πŸΌ
ForexTrendline
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Awesome job, thanks for sharing!
aurolibit
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great analysis thank you
Investroy
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All the way up
UnitedSignals
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Great idea!
VasilyTrader
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What is your stop placement recommendation here?
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