Shiba Inu (SHIB)

Shiba needs no introduction, a so-called quick-become millionaire meme coin that many still believe in. Anyway, SHIB has been oscillating in a sideway channel. Currently, price is at the bottom of this channel and posed to break the minor downtrend line. Let's see what happens.

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So, Shiba broke the downtrend line. Let's see what happens.

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Here is Shiba's analysis from another point of view. Currently, Shiba is oscillating in a triangle pattern. Let's see when Shiba break this pattern upward.

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So, Shiba broke the triangle pattern and is going up. Let's see how high Shiba can go.

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So, Shiba broke all kind of downtrend lines and resistances, and is going up. Could Shiba be making a Cup and handle pattern; even If only the cup part of the pattern is made, that would mean significant rise. Let's see what happens.

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Okay! It seems SHIBA is not stopping, breaking resistances one after another. SHIBA is aiming for the ATH. Let's see what happens.

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So, SHIBA broke the second horizontal resistance area too and went up to touch the third horizontal resistance area, then came down. It seems SHIBA's correction is a descending-inverted wedge pattern; have to wait for SHIBA to break it upward. Let's see when this happens.