SHIBA INU - 100%+ possible move coming
Shiba Inu (SHIB) is hovering right below the breakout trendline inside a huge rising broadening wedge pattern.
A few other things to note:
1) RSI is ready for the next leg up
2) Volume seems to be declining (getting ready for a move)
3) Bollinger Bands are tightening. See circled example.
We could be seeing over a 100% move as shown in the chart back to the top of the wedge pattern.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
A few other things to note:
1) RSI is ready for the next leg up
2) Volume seems to be declining (getting ready for a move)
3) Bollinger Bands are tightening. See circled example.
We could be seeing over a 100% move as shown in the chart back to the top of the wedge pattern.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
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