decenTrader007

IS THE DUMP COMING? OR NEW HIGHS? SHIBA INU ANALYSIS!

BINANCE:SHIBUSDT   SHIB / TetherUS
Shiba keep pumping in the last few days.
Will it keep making new highs? or is the dump coming?

Shiba just touched a rejection, and created bearish head and shoulders (15/30m chart).
(And seems also start of Wrising wedge.)

On indicators you can see bearish divergence and triangle in RSI, and flag in MACD.

PLEASE DO NOT TAKE DECISIONS for Long or Short from my analysis!
The market isn't clear right now!

For the pattrens traders, BE AWARE to take short under the H&S. in the 2nd last times Shiba created bearish patterns and it still created new highs!
(To see more clearly the double top and the head and shoulders go to15m/30m chart.)

I am neutral untill the market won't breake the rejection or break the HL.
Follow me to be keep updated for Shiba and crypto!

I am not responsible for your money!
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