SHIB is now building a base, on top of the previous resistance which led it to ATH. If it continues to do so, accumulating SHIB here is not a bad idea. NFA, but have it on your watch list, for your own sake of avoiding FOMO.
I expect it to front run any kind of crypto bounce.
Confirmation of breakout: retest the daily MA200 as a support. Breakout from accumulation will be volatile and strong.
Targets: 5x, 10x.
Invalidation: weekly close under the 600sat's levels.
I expect it to front run any kind of crypto bounce.
Confirmation of breakout: retest the daily MA200 as a support. Breakout from accumulation will be volatile and strong.
Targets: 5x, 10x.
Invalidation: weekly close under the 600sat's levels.
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