🔥 SHIBA Bearish Triangle: Break Out Soon
With BTC falling as we speak, alts will follow suit.
SHIBA has produced a nice bearish triangle over the last couple of days, only moments from breaking out of if. Whereas I'm quite bearish, there's a chance for a BTC bullish reversal, which would lead to a bullish break out.
Most likely move for SHIBA would be a move downwards, trending along the market. Keep a close eye on BTC when trading this alt.
Happy trading!
SHIBA has produced a nice bearish triangle over the last couple of days, only moments from breaking out of if. Whereas I'm quite bearish, there's a chance for a BTC bullish reversal, which would lead to a bullish break out.
Most likely move for SHIBA would be a move downwards, trending along the market. Keep a close eye on BTC when trading this alt.
Happy trading!
Comment:
Bullish break out it is! Be aware that this bullish move could be temporary.
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