Fantoumas_Zhang

Watch out for the Shiba Inu resurrection

SHIBUSDT

Here is the plot as I think it will happen:

1. The price will go down to 700-800, that matches the lower range of the lower BB range. It also allows the RSI and MACD to reset.
2. The price drop will form double bottom, the price will go up through the H&S neckline.
3. If the neckline stood strong, the inverted H&S will pump the price to 2500-3000.
4. That actually might be part of a bigger cycle that takes the price close to the ATH to form a bigger inverted H&S.

This is weekly chart, so this might take months to play out.
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