SHIB / TetherUS
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ðŸ”Ĩ SHIBA Bullish Triangle: Break Out Near

Some time ago I made an analysis on SHIBA where I argued that SHIBA was close to a strong bullish move towards the upper limit of the horizontal channel.

ðŸ”Ĩ SHIBA Channel Continued


The current analysis is made with a shorter time-frame in mind. As of late, SHIBA is drawing a bullish triangle. With the price currently closing in on the yellow break-out area, there's a chance that SHIBA will see a strong upward move towards the green area of resistance.

As soon as SHIBA breaks out of the yellow area, I'm expecting a continued move towards the green area of resistance.

Happy trading!
āļšāļąāļ™āļ—āļķāļ
Update:

ðŸ”Ĩ SHIBA Break Out: Update

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