SHIBA - Parabolic Breakout!

Shiba Inu is currently being held by a parabolic curve which is being respected well. We could be making a double bottom (reversal pattern) before we break out of the parabolic curve.
Historically, parabolic setups often have a massive breakout. We could see Shiba blow past all time highs and make gains of over 400%

Trade Idea:
- Watch for price action at double bottom
- If we break out early, will watch for bullish corrections on the 4H timeframe
- Targets: 50% fib for first target, 100% fib for second target, actively manage the rest

Goodluck!