Shiba is forming a pennant that would drive the price to a high or retracement.
We will analyze it.
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3 days ago I made an article analyzing Shiba, the flag has been modified and the conditions are not the same so I have decided to upgrade.
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The flags can be broken up or down, but in this case the price would be at the bottom of the pennant.
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Let's start with
Bullish
In the formation of the bunting, it could form a double top price if it recovers from the current price we would see the Alcoin Shiba bullish.
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Bearish
If it breaks, we must take the height of the flagpole and project it from the moment it breaks downward.
This could lead to the price of Shiba falling 56%, a caution for investors.
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Another option
If Elon Musk posts another photo of Shiba
What will happen? Leave your opinion.
Posted Using LeoFinance Beta
