#kishuinu Descending Triangle breakout -A descending triangle is a bearish chart pattern created by drawing a trendline connecting a series of lower highs and one connecting a series of lows.
SHIB recently rejected the 78.6 where we believe it has found its bottom. We are now waiting for a breakout of the ABC correction that we're currently in.
Trade Idea:
- Enter on breakout
- Stops below the lows
- Targets: use the swings as targets with ATH as main target
Goodluck!
