After finally breaking out of the downtrend in February, Shibu never took off and has formed a new wedge since.
Is this the bottom for Shiba? Maybe not, but sitting on a strong support level at 2500 I feel comfortable enough to load up a long term bag here.
I will update targets once breakout is confirmed.
Is this the bottom for Shiba? Maybe not, but sitting on a strong support level at 2500 I feel comfortable enough to load up a long term bag here.
I will update targets once breakout is confirmed.
Comment:
Shiba had a very bullish day today. Biggest volume in weeks and the price shot up 22%. Another sign how strong the support is at the 2200 to 2500 level.
