SHIBA INU (SHIB / USDT) Up or Down. Forming Pennant. If you are a Shiba investor you should see this analysis
Shiba is forming a Pennant that would drive the price to the High or Retracement.
We will analyze it.
The flags can break up or down, but in this case it would be forming
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Let's start at
Upward
In the bunting formation it could form a price double top if it rebounds from the current upward Shiba price.
Down
If it breaks down, we should take the height of the flagpole and project it from the moment the flag breaks.
This could lead to the price of Shiba falling 45%, caution for investors
Another chance
If Elon musk posts another photo of Shiba
What will happen? Leave your opinion.
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READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are. Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment. If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.
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