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wormmaster2021

SHIB breaking out of descending broadening wedge

Long
SHIB / TetherUS (BINANCEUS:SHIBUSDT)  
wormmaster2021 Updated   
BINANCEUS:SHIBUSDT   SHIB / TetherUS
Chart Patterns
13
0
chartpattern
Strong upside potential as SHIB breaks out of smaller descending broadening wedge. If it can break through the large descending wedge, this could rocket price upward 30x+.
Traditional wedge pattern lining up nicely with bullish harmonic.
Comment:
Use caution on this trade, likely retracement when SHIB hits the larger wedge resistance in 0.00001600. Bullish butterfly often retraces from pt1 back to near or just above point D. Watching for retracement to coincide/be driven by a strong BTC retracement.
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