SHIB/USDT Perfect Triangle!

Hello Community!

When looking at SHIB/USDT on the 4hr TF we can see it trading in a very tight triangle. With the market ultimately moving with BTC this can go in either direction. A breakout in either direction, beyond the trendlines shown, should let you know if you should be entering a long or short position. Keep an eye out for a breakout and a retest before making any final decisions. If entering a trade don't forget to use a stop-loss. Don't trade with what you're not willing to lose.

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This is not financial advice.

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