Comparing SHIBUSD's current recovery formation to a point in BLX (BTC's) history that is quite similar in structure
Both structures contain a double bottom, what's lacking is a strong up move. I have highlighted this move in green.
If this comparison is valid a strong move is coming for SHIB
Regardless this double bottom on SHIB is a great candidate for a reversal point out of this downward slope.
Both structures contain a double bottom, what's lacking is a strong up move. I have highlighted this move in green.
If this comparison is valid a strong move is coming for SHIB
Regardless this double bottom on SHIB is a great candidate for a reversal point out of this downward slope.