COINBASE:SHIBUSD Trading in and forming Bullish Pennant pattern on 4hr time frame. Sustainable Breakout of it will give good up move.
SYMMETRICAL TRIANGLE pattern, watch closely and depending on the move btc shows - short or long accordingly
SHIB is trying to break the resistance, if it breaks it will go upto TARGET 0.00002950. Purple rectangle is the resistance area.
As you can see in the chart Shiba is forming both Cup and handle + Flag & pole pattern ... which it gave breakout on 15min chart
i just made it through my experience so don't blame me for anything that goes wrong!
Similar to previous post, SHIB formed a pattern. wait for the breakout :)
doge coin need to break this wedge in order to rise otherwise it will dip further!!
After witnessing a selling pressure near the trendline, the stock has broken its support from 0.00001590 level. If it drops with good volumes, we can expect it to drop towards 0.00000790 (channel support) level. I'll add the next targets later based on if it retests, or breaks down. I've tried my best to make accurate analysis with such little time-frame, hope...