$SHI / USDT bullish wave coming soon. Be ready!

CryptoNikkoid Updated   
SHIB is in a bullish pennant flag that is about to break out to the upside. It is a beautiful flag with a huge pole, perfectly executed.

The Fibonacci retracement is giving us the target price (TP) with 100% potential.

Just follow the chart; it is pretty obvious. The Stochastic RSI is about to pump on the daily chart.

Everything is aligned for a bullish wave.

DYOR (Do Your Own Research), as anything can happen. This is my personal opinion, not investment advice.
SHIB has broken out of its descending range. Is this the start of a new bullish wave? Or is it going to consolidate and re-integrate the range? It all depends on BTC apparently. If BTC pop to 67K and stabilize here, we will see the bullish confirmation.
SHIB has broken its Bullish pennant and has confirmed the move. Now it is a matter of time until we get a pump to TP1
Bearinsh market affecting all the altcoins globally. Apparently investors are flipping their altcoins to BTC to make money on its next pump. All altcoins affected, Meme are the ones bleeding the most. Wait the bottom for a resume of the up trend.
Order cancelled:
This meme coin underperformed in a massive failure. I does not deserve to be in an altcoin portfolio at the moment. Is it still a meme coin? With all the projects, it is more like a normal project, moving slowly and under performing BTC
I close the trade, and move to another meme coin.
Follow me for more.
Trade active:
I re-open this trade, since SHIB is showing sign of life and is starting to move up. Maybe it was a bit sleepy when BTC pumped? Let see if we can reach the TP1 this time!


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.