Bearish Pennant forming on Shiba, time to enter a short!
Hey Traders,
As you can see on the 4HR Chart of SHIBUSDT, the price action has formed a nice symmetrical triangle/ bearish pennant. I strongly believe that this will break down to the downside mainly because of the MACD. In the rare case Shiba breaks out the price target is 0.000027 (+27%). My price target however for the breakdown is 0.000017 (-18%). Anyways, this coin is shit also because I have to memorize how many zeros there are.
Safe trading,
-Pulkanator
As you can see on the 4HR Chart of SHIBUSDT, the price action has formed a nice symmetrical triangle/ bearish pennant. I strongly believe that this will break down to the downside mainly because of the MACD. In the rare case Shiba breaks out the price target is 0.000027 (+27%). My price target however for the breakdown is 0.000017 (-18%). Anyways, this coin is shit also because I have to memorize how many zeros there are.
Safe trading,
-Pulkanator